Thread: Investing 102
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Old 02-10-2012, 12:57 PM
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FatfreeGTO FatfreeGTO is offline
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So this thread did get me looking at some divided stocks and here is what I'm thinking. Looking at the following which have all been mentioned in here I believe. STD, NLY, BMY, CLX

STD- Interesting stock, not for the faint of heart 10% dividend is awesome and its up 13% year to date. I'm interested to see what happens if the stock hits $9.10 or so a share... Risky stock may be overbought at this point, time will tell.

NLY- Another risky one even better dividend of almost 14%! Looking at the charts on it hard to say where it could go from here. I feel it has a better chance of down then up at this point. (my opinion only) If I were looking for a place to park some cash until another long term investment came along I would consider this one but would have to watch it very closely. But man that 14% guaranteed just can't be beat...

CLX- Great stock, long term play, nice 3.5% div yield. Could be getting ready to have a nice upswing in the stock price. Don't think you can really go wrong with this one. Current price is a nice entry point.

BMY- Another great stock 4%+ yield, has had a nice pullback in stock price so far this year. Relatively limited downside in this one in my opinion.

Now seeing as I do not currently have any pharmaceuticals currently in my account I am thinking that BMY is going to be my pick. Its also my pick because of the safety of it compared to the first 2 and also because CLX is too similar to other stocks I currently own. Although I may consider dumping MCD to buy CLX... I will think about it over the weekend and pull the trigger next week.

I have been on autopilot since last spring and I'm sure glad I found this discussion. I enjoy technical analysis and it was fun to actually open up some charts and do some detective work. Although that is not investing 102 stuff.

Last edited by FatfreeGTO; 02-10-2012 at 01:01 PM.
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