Hi – I am (or have been recently) long this stock….but.
I have a lot of dry powder, right now, and every place I look the stocks are going sideways, down, or have had a large recent run up (and so I’ve already missed the train). I am hoping some of you will engage in some idea sharing.
What are you buying?
I’ll start…I’m pretty sure I’ll be buying a lot of ARR after x next week.
Thanks, and hope no one minds this question.
Well, you did not tell us what is your philosophy, strategy, or risk levels that would be acceptable to you.
anyway - as many state the obvious, something like AGNC and other like is OK
Then there is the only acceptable way to get out of being subservient to the Arabs - and this is Natural Gas; not the drillers, instead companies like CLNE, FSYS and also WPRT (this one is quite overpriced right now).
And then there is Gold and Silver, breaking out of bullish chart configuration. If you can take risk, AGQ is the way to go - just around $67 today, it should be able to go to a' $100/120 where I see consolidation; with a later possibility to see $160 plus again
ARR is a good value around $7 and picking it up ex-div should get you a price between 6.95-7.05 unless we have a strong move up here into the 7.20's.
I've traded in and out and also maintained a core position in ARR for the dividends for about 15 months now and it has of course paid 20%+ in dividends over that time plus maybe another 5-10% in cap gains.
FSC is another monthly payer that is a BDC, so a somewhat different business. No sense just piling into REITs.
NGRY is also paying about 17% or so right now. But you need to read up on it carefully. It can be risky. Ithas been beaten down almost 50% from early 2011 and is a utility (nat gas & propane) distributor.
The object is to try to diversify your dividend payers just as you might with growth stocks. Each has its own risks of course.
You might get some smartass answers, but don't take offense. All I can post is "past tense", what I bought in January. February buys are waiting on late Feb correction.
ARR, AT, BTE, CHKR, CIM, CTIC, CYS, DCIX, DCTH, DL,B ENZN,
EXEL , FSC, GLW, GPC, KO, LUK, MCD, MNKD , PER, PGH , PSEC, PVX, SDT,
Have to disagree on a great many of thoes pics, but certainly agree on some! But I note you included CYS -- my take is he is clearly out of CYS which is one reason he has powder. Hence, he would not want to get back into CYS at this price (else he wouldn't ask). I think ARR would be good right now but you know, it may be best to sit on that powder a bit longer -- opprotunity always knocks and some times it pays to have patience, at least that is what I'm doing (although I fairness I am bothered sitting on so much powder)