I was lucky and got out of the consumer names in early May. I'm looking to add CLX at $82 if I can. The others seem too stretched for now.
the yearly dividend is 96 cents. The question is will I have a chance to buy PFE 96 cents lower than the current price of $27.65? I'm betting I can.
I'm looking for a first buy entry of about $26.50 and a second in the $24's should I get the opportunity
what do you think?
I'm still waiting, I think the $42 and change level is about right both in terms of chart and valuation.
as for $30, that is wishful thinking and won't happen in all but the most extreme scenario where we have a major correction. That said, I'll be buying other things as well including the consumer staples with high yields.
PFE was trading below $20 not too long ago. What did you expect when the big pharma yields got close to a 3% average-due to nothing more than dividend yield chasers piling in? Pfizer was destined to take a $5 hit.
If you bought over $30, it's going to take a few years to make it up in dividends.
My entry is $24 BTW, and I will add it if it gets there again.
OK, so what now? I already own PEP KO and HNZ (soon to be cash)
what are you doing? Poor decision or not, I still do not believe KRFT is a good investment.
My cost basis just following the spinoff is in the $28's, so I have little to show. Looks like you waited a few months to get $26's.
Usually the CEO cherry picks the best the best brands and sets up the new company with excellent operational and financial leverage (hence the entire premise of the spin-off) but I just don't understand what happened here. Did she get mislead by the bankers or the lieutenants who oversaw the divisions left behind in Kraft....
Can anyone give us the 411 on what really happened here?
Sold all my Kraft shares following the spinoff and doubled down on this dog. Usually you always go where the CEO goes, but in this case, it appears following her was just plain stupid.
The stock is up quite a bit. The desperate dividend players pushed this up to an unsustainable $31 or so. Right now, the $27-$28 level is about right given the earnings profile and recent P3 news on ozogamicin.
I'm adding if we break $27 though.
yeah, pay attention shorty, Cisco and IBM are leading the way in SDN with Open Daylight.
You guys never give up with your misinformation.
Sentiment: Strong Buy
much to their competitor's chagrin.
4:55-4:56 mark on call
Hope you cover smart guy!
SHLD is easily worth $120 share. Land's end alone is worth nearly $2 billion, never mind the vast real estate holdings and KCD
you have any favorites besides MFG? I've been in this name awhile and think the only thing holding it down is the sub $5 stock price despite the huge mkt cap.
If we can get through that number I think everything will be OK.
That's a pretty dopey thing to say. The fact is, SHLD valuation is about KCD and about real estate. It has NOTHING to do with Sears or K-mart.
Disney has run up a lot but is still too cheap. PE for 2014 is 17, and meanwhile they'll be printing money with films from the Lucas & Marvell acquisitions-they can leverage this content better than anyone in the world. I think fair value of 20X next years' earnings or about $80 share is very reasonable.
There is no company on earth that comes close to the content and intellectual property of Disney.
Sentiment: Strong Buy