New Stocks to watch

[bigfrank]

Just bought GE at $32 pays a nice Div stock is close to a 52 week low.

2 weeks ago I got MO in the high 19 range pays $0.75 cents a share or (13.4%)


Of coarse the other 2 stocks I got rid of are doing well. My oil Stock AETUF is about $30 sold it at $27 and my NYB got back up to where I sold it at $19.50

[Gary1998]

Frank, I just read that GE is getting out of the appliance business after more than 100 years. Will probably sell that unit. It might be a good booster for GE stock. Are you an "insider"?

[vintner]

Originally Posted by Gary1998

Frank,.... Are you an "insider"?

Sorry Gary, I don't know why I am laughing at that. Frank could be an insider...I don't reeeeally know what he does.

I dumped a stock today, one of the FIL favorites. CVD. Not sure where I closed it out, but hit my trigger today and killed it.

On the other hand, all my other stocks were positive today.

[Gary1998]

Don, I know Frank has "connections". Remember...the Sopranos visited him last year....

[PigsDad]

Originally Posted by bigfrank

2 weeks ago I got MO in the high 19 range pays $0.75 cents a share or (13.4%)

Frank -- hate to give you bad news, but...

On March 31, Altria Group (MO) spun off Philip Morris (PM). The $0.75 quarterly dividend paid on 4/10 was a pre-split dividend, and PM took the lion's share of the dividend after the split ($0.46 quarterly).

Sorry -- your dividend rate will be nowhere near 13.4%.

Kurt

[PigsDad]

GE has been a great stock for me. I got in after the bubble burst and it dropped from the $40s to the low $20s (There's nothing like getting a good, solid company for half off!).

$32 is still a very good price. This is a classic long-term stock that should be a staple in everyone's portfolio, IMO.

Kurt

[vintner]

Yes, GE is a good company, but is it a good stock?
Five years ago, GE was about 25. Now, 32.
HD five years ago 27, now 28.
Both GE and HD have been in the 40s before dropping back. Both stocks have dropped back from their high points more than they have had in their 5 year gain.
In the same 5 year period:
KO 38 then, 57 now.
UTX Opened at 28 5 years ago, today hit 75.
GIS opened at 40, today 62.
MOS opened just under 10. Today...over 129
FCX opened at nearly 15, today it is 124
X (United States Steel) 13 to 181
XOM (Exxon Mobil) 32 to 92.

No one can tell you that one stock will go up (or down) 5, 50, or 100%, but wouldn't it be nice to own a MOS or an X back then?

[PigsDad]

Originally Posted by vintner

Yes, GE is a good company, but is it a good stock?
Five years ago, GE was about 25. Now, 32.

You also have to take into effect the dividend payout. GE has been paying a 3-5% dividend during that time (and if you bought in the lower 20's, your effective rate is much higher). It has generally paid a better dividend than most of the stocks you listed. Never underestimate the power of the dividend.

Kurt

[tonyg]

I have been tempted to buy GE, but I have this thing about companies that I hate. A few years ago my mrs. wouldn't let me buy tobacco stocks.

[vintner]

Let me first say I did a lot of work to put in the dividend yields for each of the stocks, plus listed some additional high yield stocks, then hit a wrong button when going between screens and I lost everything.

GE is the highest yield of that batch, but couple are close, and MOS has not div. I was in the process of adding a stock when I screwed up and lost everything. I was adding PCU as a high yield at over 5% plus this stock has gone from 4.76 to 116.35 in a 5 year period.

A couple sites to check out for research or stock grading:

First a site to help screen for stocks. Pretty well set up.
Morningstar: Stock Screener

Once you find stocks, Louis Navellier has a site that will grade them against his tools and categories.
Navellier - Stock Grader : Log In