It would appear to be so, except: It seems every time there is an Olympics, summer or winter games, the buzz from everyone is how the water is no good, the air is dirty, the facilities won't be ready, the venues are too far apart, there's inadequate transportation for spectators, there are not enough tickets, there are too many tickets. China, Sochi, South Korea are recent examples. Yet, in the end, except for a few minor hitches, the games are wildly successful. Hope this holds true for Brazil.
BGS does not have enough bottom line to support the current dividend. I hate to see them dipping into cash for the dividend when the money could see better use to acquire more product lines. It just worries me that I should take profits and sit this out and watch what earnings do the next quarter or two.
What happens if oil prices remain where they are for, say, another 18 months? How does COP survive? It could very easily be forced to start selling off assets just to avoid going into bankruptcy. Shedding assets at current fire sale prices is not a pretty scenario. If you are considering I position in COP (or any oil related company) I would urge you to just cool your jets for at least a few months. Better to buy on the way up than on the way down.