Blue chip dividend stocks usually carry a premium. Often this premium is in excess of what I am willing to pay. With Monday's market slide followed by Tuesday and Wednesday's subsequent recovery, it appears that good stocks can fall into an after-Thanksgiving mark-down sale at anytime. Here are five stocks that I am watching closely, with their Risk Quality (RQ) rating and other information as of 12/1/2008:
I. Procter & Gamble Co. (PG )
II. Wells Fargo & Company (WFC)
III. Kimberly-Clark Corporation (KMB)
IV. Progress Energy, Inc. (PGN)
V. The Coca-Cola Company (KO)
When the market is in a free-fall, it is important to concentrate on quality. Each of the above stocks has a RQ rating of A5 or better. Their share price has declined significantly less that the 44.1% decrease of S&P 500 as measured by VFINX ($135.15 down to $75.54). I suspect Monday was not the last after-Thanksgiving sale of 2008.
As always, you should perform your own research and reach your own conclusion before buying or selling an investment security.
Full Disclosure: As of this writing, I was long in VFINX, PG, PGN and KO
Related Articles:
Five Dividend Stocks To Watch
Posted by D4L | Thursday, December 04, 2008 | commentary | 5 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
ETF investors willing to take higher risk for higher returns might very well be a little miffed. Dividend- and low-volatility exchange trade...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
I like them all except I havent heard of Progress Energy before.
My current challenge is to set my 401k on autopilot on quality dividend stocks or great value stocks as I've come to realise some big limitations with my account.
I just cant seem to decide what to buy.. The difficulties of having too many choices.
Jae Jun: It is really nice to have a lot to choose from. I still remember have to pick the lessor of two overpriced stocks.
Best Wishes,
D4L
Jae & D4L
Yes their are so many more choices and ideas out their than there were even 2 or 3 months ago. Taking one from Buffett "I feel like an over sexed guy in a whore house".
I like your list. I am long on KO since October. I think they do an impressive job of localizing their advertising campaigns.
Verizon dividend is over 5% as of today. They raised their dividend 7% in October. I'm curious what RQ rating you would give them?
The Intelligent Investor: VZ has a RQ of B5.
Best Wishes,
D4L