01-26-2014, 03:02 PM
(01-26-2014, 12:42 PM)Robandcindy2 Wrote:(01-24-2014, 11:28 PM)EricL Wrote: [quote='Robandcindy2' pid='1977' dateline='1390618400']
What stocks are you worried about?
Hey Eric,
Worried might be too strong a word. Perplexed is closer. CSCO, PM, ED are at the top of my "what the heck are they doing now?" list.
ED a rock solid Ute in a major metropolitan area and a strong dividend history (I suspect it's a victim of fleeing Utes for bonds).
PM, international, big business, even recommended by a conservative advisor.
CSCO...they are everywhere. Like IBM, it just seems that the street isn't happy...
When I try to teach the kids about this they'll tell you one of my favorite sayings is "stocks go up, stocks go down, but good companies will be around for a long time. Usually best to buy and hold...."
Just wondering what I "due diligenced" incorrectly...
Rob
I own PM and am not worried about that one. I think currency issues are their biggest headache right now since all of their business is outside of the US. I think you can expect 8-10% earnings and dividend growth like clockwork, which is pretty awesome for a higher yield company.
CSCO is one I've had an eye on and like the valuation on it but I haven't bought. Can't complain with the yield and growth at just an 11.5 PE.
ED has a nice yield but that's about it. Have grown dividend at just 1% per year over last 5 years. Similar to VVC that I recently sold for the same reasons. I'm not familiar with ED's growth prospects however, maybe there is something that makes it attractive that I'm not aware of.
My 2c worth.