That's my point. Sellers are not taking "past 4 years, plus dividends" into account. For a stock like BGS, they live from Q to Q. For the autos from month to month sales. For BA the stories on the 787. Long term holder such as I do nothing to move the market; we are along for the ride.
This is the mindset of the market. Disappoint on the top or bottom number and suffer the consequences. Seems most people are now traders. We long term people just sit and watch.
I don't eat a lot of snacks. But it's clear MDLZ, BGS, and even Pepsi, have seemed to suffer a bit recently. I can hold off for now and wait. Thing is, my cash account earns next to nothing, which is a pain in the trasero.
Thanks again. Thing is, I already hold BA, CAT, MMM, and several others. I'm not in that a hurry to pull the trigger. And I do think BGS has some downside. Whether all the way to 30, I'm not sure. So I may just sit tight for a while. btw, nice to see a thread with some seriousness and courtesy for a change.
Thanks for your input. To be upfront, I sitting on some cash, and looking to add to one of two positions. As I said a while back, BGS figures in that strategy. My cost basis now on it is pretty good. The other possibility is VZ, which has had a big run up, especially this week. I'm close to retirement and am thinking more about dividends than growth, although I have several positions in that sector too.
Sadly I probably don't have 20-30 years, but don't tell my wife. But I will likely add to my VZ position thinking 60 is not out of the question.
Michelle has a great second-floor balcony. Melissa nice supporting timber.
Good analysis. All my positions are long term. I got into BGS because the CEO seemed to know what he was doing. I haven't been disappointed. I like their dividend growth too. I plan to add 25% more to my position on a moderate pullback. GLTA.
I'd take the scrip. I lived in Spain. Part of that 21% goes to "the poor" in monthly checks, who bank it, and then beg in the streets to augment the government "income."