Every dollar of $25 was built in too much on Ferrari's image and not enough on reality... Add to that no dividend and the risk to the shareholder at 26x earnings is foolishly optimistic.
While XOM has been in the basket of oil selling, it seems their Natrual gas operations hedge is very important going into 2016, especially with predictions of $20 per oil barrel. The dividend and natural as gas revenues will struggle to keep investors afloat...
I think a tech play with a reliable dividend is a better path...
Unfortunatel, I don't feel it is enough of a hedge to offset the collapse of oils prices. Buy Apple or AT&T instead...
I've been long SWHC with an average position just above $13.50, and I'm feeling this run will be a good time to take half off the table. Especially considering this latest Obama push is more headlines than substance of any real significant restrictions to majority gun sales.
Just sold half my position at 26.15 which for the majority of my early share purchases is well over a double on investment. I think these will be at or near the yearly highs, but I'm keeping the remainder of my position with a stop order set at $21 should SWHC breach that level and still lock in a decent profit on those shares. But I don't think it will while Obama is still in office. Come October/November things, however, may get very volatile.
Looks like taking some profits yesterday was a good move for my portfolio. I had also taken profits in AAPL several days ago too which is proving to be another good move into cash. I may raise my stop price for my remaining SWHC shares if $24 support fails.
AT&T looks like a good place to be in 2016. The T dividend has been good to me as well.
Good move! I took half off the table @ $26.15. I currently have a stop set at $21, but if $24 breaks soon, I may move that higher and exit out completely. The Obama executive order was hollow and couldn't support this run up we saw over the last several trading sessions.
If I was limiting myself to just one stock, it would be T (AT&T) for dividend and price sustainability.
In the this segment I would actually skip CMI and go right into PCAR over anything you mentioned.
I like PCAR the best as I feel it will outperform in my estimation... CMI and VOLVY aren't as well poised the way I see it.
Better revenue growth and more flexibility is controlling supplier costs that have lead to slightly better net earnings. But that doesn't mean I don't like CMI, I would certainly consider it for putting it in a portfolio, especially if PCAR had any change from their current positioning.
After posting earlier in the week that I took half off the table @ $26.15, I had originally set a stop sale order @$21 for the remaining half, but after watching yesterday's action, I revised the stop sale order to $24.00 which was met today. Seeing that it blew through $23, it seems that was the right choice. I probably should have just exited the entire position at $26.15 when I had the chance, but hindsight is always 20/20.
I should add that I moved the sale proceeds from SWHC into my already established AT&T position increasing the number of shares which have performed well and continues to prove that handsome dividend.
After selling my entire position of SWHC that yielded my best 2015 investment, I decided to keep half in cash and the other half into my existing T position. I see T getting a lot of investment support in 2016 and am taking advantage of this chance to grow my T investment. Good fortune to my fellow T longs!
If true, (which I will doubt until you show me that post corresponding to dates at and below your costs basis), then you're among the worst examples of how to properly not let gains erode by holding on when technicals change for the negative.
So glad I got out when I did... More luck than skill on that exit, a real gut feeling move to be completely honest. Glad to have that cash now!
I call BS on your post. First off, according to Yahoo, your ID was only created in October 2015.
Second, I was *actually here* when the price traded in the 30's and was one of many longs here, and you weren't one of them, especially making any claims, especially to $700.
So go pump your Tesla calls somewhere else!