We recommended COP on 5/10/2012 at a price of $53.47. COP is back to the price at which we recommended it. With no capital loss on the buying price and a gain of dividends, we recommend investors realign their portfolios with less energy and more biotech. With oil prices recently hitting a six-month low, COP is expected to give a poor EPS in 2016.
Dividend.com also wants to admit that we were a bit late in removing the energy names from the BDS list. We did not forecast the sharp and rapid decline in oil, however, it’s better late than never. Typically we do not make reactionary decisions – such as a volatile movement in oil – but we do believe that the lower oil prices will persist for some time and that it will take firms like COP a relatively long time to recover – if they can.
Source: Dividend.com
Related Articles:
- Dividend Growth Stocks Are My Conviction
- All Investing Involves Risk
- 7 Dividend Stocks With Room To Increase Their Payout
- High-Quality, Low-Risk Dividend Stocks
- 10 Stocks Building Wealth Through Higher Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large pa...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
I love getting paid to invest, which is why I've filled my portfolio with income stocks. My favorites are those that not only pay genero...
-
This is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to...
-
Tracking down a stock that pays a high yield is easy enough to find, but selecting ones that are worth holding onto for decades to come is q...
-
Reliable dividend stocks with the potential for long-term payout growth can be solid choices for investors looking to generate cash and even...
-
A big worry for retirees isn't necessarily the size of their nest eggs, but whether they'll keep up with inflation. While convention...
-
Not all dividend-paying companies make a lot of money, but the ones that do could fetch you solid returns in the long run, simply because a ...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In some dividend investors' minds, there's no such thing as too much dividend income. Yet often, stocks that carry extremely high di...
0 comments
Post a Comment
Post a Comment