Quote:
Originally Posted by FatfreeGTO
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.
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.
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Somewhere you missed the post about looking at the charts
...Clorox (CLX) has a 5 year growth rate of a whopping 4% vs McDonalds (MCD) 123%
I'm not sure why you'd consider swapping MCD for CLX... especially given a fairly similar dividend yield. Don't forget to also compare TOTAL RETURN...
MCD total return for 5 years - 161% ----- CLX a not so much 21%
Obviously it's your choice - your money - your account... I'm just discussing this for use in the Investing 102 "thinking/thought process".
BTW -- I have bought and sold Banco Santander about a zillion times over the years. Currently - I just think it's about time to get back into some financials... I can't stomach the current CEO of Bank of America... and I certainly won't dare to be "early" into their stock given the whopping .5% dividend vs the Banco Santander (STD) dividend of 10%. At least if I'm early -- I'll be getting paid to wait.
Also -- this thread isn't/hasn't been used to parse individual stocks etc -- it's really more about the thought process that is behind various stocks only to use them as an example. I like your discourse on why you're thinking about a particular stock. It shows your thought process... which is really what this thread is trying to be about. The catch a fish vs teach how to fish.