For a moment, let us pretend the market isn’t going back to 666. Because if it is, this site will be militarized and all of you will be drafted, whether you like it or not, to fight in the wars to come. We will not discuss stocks at 666. Instead, we will discuss anti-aircraft batteries vs WWII era bombers and how to serve human meat and how to convince the children it’s really pork.
I digress.
One of my companies blew up in the after-hours: JAZZ. They missed earnings and that’s all that was needed to drop it 13 points in after hours. These is a highly profitable drug company, who will earn in excess of $8.00 per share in 2014. That, apparently, means nothing to the savages who are selling it down to the ground. I will likely sell it, alongside CRTO and RKUS. Coincidentally, all of my recent losers were stocks that were once deemed “momo.” I’d prefer not to sell CRTO, coming off a great qt and trading less than 3x sales. However, one of their competitors, FUEL, had a glass of acid thrown in its face–in the after hours- down 30% (LOL!) because they missed earnings. CRTO will likely trade down in sympathy and I need to cut the loss.
Moving on. I put together a portfolio of 25 stocks for your perusal. Members of The PPT can view the portfolio here.
The criteria is fairly simple:
-large cap
-pays a dividend
-brand recognition
-has performed well over the past 3 mos
-FPE below 20
Here is what I have now. PG is one of the higher multiple stocks. The only reason why I tossed it in is because of its brand recognition, which comes in handy when people are uncertain of what to buy.
PG
GIS
LO
PM
MO
DKS
GSK
LMT
KMT
MHK
MSFT
BAX
WMT
DGX
ETN
T
DE
AAPL
ALK
DLPH
ACE
WHR
AET
LEA
WNR
AAPL is looking better and better with each passing day.
How? That stock is dead money. The divvy’s do not mean shit. Want a dividend buy a bond.
If the Great iBC Draft of 2014 goes down, there’s no way in hell I want to be in Rhino’s platoon dodging bullets & land mines. I’m calling ‘dibs’ right now on the position of breakfast cook. Obviously, The_Real_Hmmm will be running the kitchen. I know my role…
You can head up the beverages and tobacco division. I will be in charge of propaganda, forcing whole armies to surrender with the might of my pen and occasional orbital space cannon attack.
I like the sound of that. If need be, we can fashion a Blues Brothers style broadcasting system for you. The loyal Zombie might make perfect chauffeur. http://youtu.be/_IcX7q6V98w
I’ll head the Kamikaze squad. Each memeber will be armed with pin-less grenades made in the Valley of Silicon.
How about UNP? Has been very good to me for years, meets all your criteria, and still going strong.
Unp and NSC work
Food, beer, smokes, toilet paper and toiletries…oh, and an iPhone. The bare necessities for life after a bull market. Lol!
Yes, the iPhone. Lol
Food beer smokes tp iPhone and don’t forget your tesla. Shit. That might just go back to 55 where it was a year ago
Interesting new blogger. No clue what to think.
Fuk TSLA. You need an F-150 to haul all the food, beer and smoked to the bunker!
*smokes
Thanks, but an infinitely better story had you described how JAZZ dropped 13 “handles” in some improvisational trading that played out “after hours.”
The market is dumping high beta stocks like JAZZ just like you’d dump the drunken slut after an all night gang bang.
Jazz is a cash cow. They will earn $10 in 2015
Actually I am looking at 575ish for a bottom to all this mess that central bankers have created, that was using old GANN Theory to get at that number. Make sense based on the slow down in global growth.
I know it doesn’t matter, but CRTO and FUEL are night and day different from a long run stand point. FUEL 2 $0
I know it doesn’t matter, but CRTO and FUEL are night and day different from a long run stand point. FUEL 2 $0