We’ve got a case here where the market has done well and is surprising some people. But I think it’s a time to stress quality — which is one of my favorite things to stress anyway. One of the comedians of the Our Gang comedy team that was in the movies when you and I were kiddies back in the ’30s and ’40s, Spanky McFarland, once said, “You can fool some of the people all the time. But you can’t fool Mom.” My mom used to tell me, “Robert, pay up for quality because you’ll rarely be disappointed and you’ll probably forget how much you paid anyway.” The same goes for investing.
I will share with you four existing holdings of ours that are not included on S&P’s Dividend Aristocrat’s list, but have some similar characteristics and in our opinion offer a good balance of potential price appreciation and dividend growth. Delta Airlines (NYSE: DAL) sells around $45. The industry has restructured itself and these legacy airlines — the ones that have been around a long time and are big — are not expanding their fleets beyond their needs. Another one is CVS Health (NYSE: CVS). They had the courage to stop selling tobacco in their stores, which will cost them in the short term. Another one that is more cyclical than the last two is Pulte Homes (NYSE: PHM). It’s a 100% U.S. home building operation. No foreign exposure, so no currency situations.
Source: Forbes
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Pay Up For Quality Because You'll Rarely Be Disappointed -- 4 Stocks To Buy Now
Posted by D4L | Saturday, April 25, 2015 | ArticleLinks | 0 comments »________________________________________________________________
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