I do not use E Trade so I do not know what you
contract with them says. I do not see why you would not
recieve the dividend from ABT. I would contact E Trade on
such information because I do not deal with them a my
I think that over the long term
ABT will do well. I first
bought in at 43.00 and
feel good about that price. However
with the market
sell off I will most definately average
Also a great stock to buy on this down
draft is HD Home Depot
is no doubt a great stock. I
also own it at 41.25 I will be
adding more as early
as next week. I think this sell off is
over. The weekend might give traders and
time to relax...
I also have a list of good
solid stocks to buy as soon as the market starts to
move up. I think you can make some good short term
profits with these. You can find them on my web
Good Trading !
I agree, I like ABT's low beta also. GE's is only
slightly above 1 so I like it as well. I also like to look
at the company's dividends as well. ABT has a low
dividend rate currently (1.45%, I believe), but they
continually raise it each year so that had you bought the
stock approximately 3 years ago your actual rate is
eventually all stocks move towards a normal p/e.
companies with high p/e take years to recover from a bear
abt has a low beta causing little price swings with
i like low beta stocks as long
term investments and high betas for short term.
As to your comments on GE. The benefit of a drip
is to continue to dollar cost average your
investment in a company through periodic cash investments
and reinvesting dividends. Even had you bought GE
shares at it's high in 1973 before the 73-74 bear market
and only reinvested the dividends from your
investment, you would have seen this period as profitable.
Whether you invest in GE or ABT the goal of your
investment is not necessarily only share price growth
(although it is certainly desired) but accumulation of
shares and rising dividend rate. GE has raised it's
dividend every year now for over 25 years. ABT is one of
the few other stocks that can boast such a remarkable
i dont think you need many drips, just a few in
different sectors. i suggest not buying overvalued
companies. ex, ge. ge was overvalued in the early 70`s. if
bought then, it would have taken you about 7 years to
break even. stocks go in cycles, dont get caught with
an overvalued stock in a cycle that may turn bear.
overvalued stocks get hit the hardest.