Zack's came out with an article that says they don't like some income revisions and they have it rated #4. Sell. I find that's a really good time to add to a stock because Zack's has a lot of followers/believers and has great influence over the price. We have 3000 shares. Love the dividend. Would add if price drops more.
That's good, but don't put too much stock in anyone's 'ratings.' And you can pretty much ignore Seeking Alpha.
You're the same 'tout' that predicted $20.00 by July a few months back. Of cousre you didn't specify WHICH July or the end of what year!
Goes down a couple more pennies and you'll be able to buy it below your present cost basis.
They have been wrong a LOT more than they are correct. It is only opinions of investors just like us. Some get way, way too technical on their posts. And then they look stupid a month or 2 later. Wonder how they feel. They asked me to be a contributor and I declined.
You're absolutely correct. But I average 150-200 trades per year. I have been in and out of many stocks thru the years. And 23% average is only for the years I was actively trading. During much of the Bush years I sat on the sidelines. First few years I converted all but 3 stocks to a Bond Index Fund, which was better than the stock market at the time.
If you are not flexible, and willing to change, then you might as well buy Mutual Funds, go fishing and hope for the best. I prefer active trading with only a few long term holds. My long terms are AAPL, BRB-B, CLX, CTWS, EPD, SO, and T. And even those are subject to change. As I've gotten older I have changed, just as the market has, And I am not going to take the time to tell you about the thousands of trades I've mad thru the years.
I do my own research and make my own decisions.
Based on the companies own forward looking statement for 2015 and beyond + the balance of 2014. The downgrades by several firms. And today Zack's downgraded it to a sell. While the return on investment of 11% per year LOOKS good, it's way below my criteria for investing. While EPD isn't much better at ROI of 12.02% the distributions are tax free so, in a taxable investment account the return is actually higher. But then we have the AAPL whose ROI is over 64% for the last 5 years PER YEAR. Even WM (Waste Management) at 23.37% ROI beats the hell out of it and we're talking something that's gonna be needed forever. Yes, there are a lot of better stocks to own right now than ORI.