These are several names that I am indeed long, and hold their place on my book for possibly several reasons, one of which is that they pay me to own the shares. Hard not to like someone who says "thank you." That's what a dividend is. A monetary acknowledgement of your equity stake.
I'm actually long these stocks myself. Do a lot of guys give you that? Seagate Technology (STX) - The stock had tended to trade very cyclically, ramping significantly higher earlier this year when the firm revealed that it had invested in the blockchain cryptocurrency known as "Ripple." Exxon Mobil (XOM) - Folks looked at me sideways when I got into this one. No longer. Not only has the stock finally started to perform nicely, the month of May has been very kind to market prices for crude, as for the broader energy sector. Altria Group (MO) This for me, is a pure dividend play. Procter & Gamble (PG) - How interesting is this long? P&G was severely beaten in response to earnings-related guidance that ended up drawing downgrades from multiple analysts. It got to point where I was forced to pull the trigger in early May. Did I time the bottom? I guess so, if the world ends today.
Source: The Street
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