Money and Finance
My weekly Stock watch list (7/11) and my stock activities
I did not post my list last week because I didn't see any updates.
This week I sold some of shares of WIN to realize my 36% profit. I bought WIN in the beginning of February 2014 in my IRA account.
I decided to follow this way because I have a very conservative mother, who doesn't believe in stock market at all. So I want to show her that stock market can work. Plus this way I can build my portfolio faster. I will sell my dividend stocks if I reach more than 35% earnings (dividends not included in this calculation) and stocks are trading close to 52 weeks highest at that moment. Then I will reinvest this money into a different dividend stock, which is selling close to 52 weeks lows. I already know some dividends stocks will never go to my "to be sold list".
After selling WIN I bought
[email protected]. I know everybody does not like DRI right now. But even with all negativity around this stock, analyst 1 year target price is $50. Plus 4.6% dividends gives some safety cushion. Their profit declined but they pay dividends since 1995. The company got rid of Red Lobster and trying to revamp all existing restaurants. From my own observation: all DRI restaurants in our area are booming and we just got a new one - LongHorn Steakhouse. Teenager girls and lots of women love Olive Garden. My son and his dad already reported that steaks at LongHorn Steakhouse were amazing.
Here are some articles on DRI
Will Darden Restaurants' (DRI) New Plan To Revamp Olive Garden Help Its Stock? TheStreet rates DRI as a Hold, but most of the time they say this about any stock which
Is a Turnaround Finally Starting to Happen at Olive Garden? Motley Fool thinks turnaround is starting for DRI
Zacks' Bear Of The Day: Darden Zacks doesn't like DRI at all
I was going to buy
CAG - Conagra foods but I missed their 52 lowest and Analyst estimates are equal to what stock is trading for. I still might buy some shares of CAG
My watching list for upcoming week
Stock | Name, description | price as 7/11 | Dividend Yield |
CAG | ConAgra Foods inc | $30.59 | 3.10% |
ARI | Apollo Commercial Real Estate | $16.50 | 9.50% |
RCII | Rent-a-Center inc | $25.88 | 3.20% |
ROST | Ross Stores | $65.80 | 1.20% |
DRI | Darden Restaurant group | $44.44 | 4.40% |
* If I move stock to this list, it means there was a price drop or current price is somewhere in the middle.
I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait.
If I have a stock on my list, it means I like something about this stock. If I buy one of these stocks, it does not mean I plan to keep them forever. I might sell them if their price would go up a lot and I feel it's time to sell.
I love Sales on my regular shopping sprees and I use this strategy for my stock shopping... :)
Read my post about ARI here, ROST here.
I added RCII - Rent-A-Center inc. to my watching list. Their profits are down and they are trading close to their 52 low. It's a growing company. They "generally offer high quality
durable products such as major consumer electronics, appliances, computers, and furniture and
accessories under flexible rental purchase agreements that typically allow the customer to
obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. These
rental purchase agreements are designed to appeal to a wide variety of customers by allowing
them to obtain merchandise that they might otherwise be unable to obtain due to insufficient
cash resources or a lack of access to credit."
Plus they offer their products for businesses as well to people on temporary assignments. They are expanding in Mexico, which is unprofitable right now.
For me it is a weird market, but considering lots of people's behavior as "want to have better things even if they can't afford it", this company lets them have what they want for a small monthly fee. I see the future for this company and want to watch this stock. They started paying dividends in 2010. P/E 12.61.
My complete Watch List of Dividends Stocks here. I update this watch list at least once a month.
Please share your thoughts and watch lists.
Thanks for stopping by!
-
My Stock Picking Strategy
When I describe my stock picking strategy, many people think it's weird. I wrote about my Stock picking strategy before, you can read it here. Here is my updated list: 1. The stock should pay dividends. I added it as a rule. I still...
-
My Weekly Stock List (7/20)
I did not buy or sell any stocks this week. It is reporting time for many companies, so we might see more stocks selling at bargain price. if you visit my blog regularly, you might notice that my Weekly stock list is longer this week. Stock Name, descriptionprice...
-
My Weekly Stock Watch List (6/29)
I hope upcoming week I finally will be able to purchase some stocks and maybe sell some of non dividends stocks. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 6/28Dividend YieldCAGConAgra Foods inc$29.633.10%ARIApollo Commercial...
-
My Stock Watch List And Stock Purchases (5/24)
This week I purchased shares of
[email protected] and
[email protected] Here is my watch list for upcoming week*. Stock Name, descriptionprice as 5/16Dividend YieldPFEPfizer$29.493.50%TGTTarget$55.693.00%ESVEnsco$51.356.00%CNPCenterpoint energy$23.873.90%WFMWhole Food...
-
My Stock Watching List And Stock Purchases
This week I purchased shares of PFE@$29.10, CNP@$23.59 and Ford@$15.57. Here is my watch list for upcoming week*. * If I move stock to this list, it means there was a price drop or current price is somewhere in the middle.I do not buy stocks at their...
Money and Finance