After seeing this in my in-box from one of my news searches:
PepsiCo Boosts Annual Dividend by 7%, Authorizes Stock Buyback
I set a limit buy for Pepsico, Inc. (PEP) at $61, while askStockGuru had them today at 62.3 for the conservative buy.
After seeing this in my in-box from one of my news searches:
PepsiCo Boosts Annual Dividend by 7%, Authorizes Stock Buyback
I set a limit buy for Pepsico, Inc. (PEP) at $61, while askStockGuru had them today at 62.3 for the conservative buy.
I generally hate procrastination, especially when I do it. But now and then it works in my favor. In this case, I am catching up on emails from the last couple of months, and was reading a Motley Fool article. They mention one of their Hidden Gems picks (for free!) and I go to look into it, seeing that it just tanked from panic selling the day before. The pick is Dynamic Materials Corp. (BOOM). I have made money more often than not from following Foolish advise, and if I were up enough to take a higher risk tolerance I would buy immediately rather than setting a watch for drops and limit buy a little lower than Friday’s 14.27% drop.
Some newsletters I take with a grain of salt, especially the one the mentioned LANC as a strong buy today (or last nigh, I am just reading it now). But this one looks like the analysts may have missed a bet. See, this newsletter never shows me stocks that are off 20$ from the analysts 1 year prediction, in fact it is almost always stocks that are close to the prediction or over it. And, he rarely points at a symbol I can pick up a 100 share for less than $500, my preferred speculation range.
But it still looks good. The Fool CAPS have it as a 2 star, but hard to find a bear commentary, so maybe the folks that don’t like it aren’t sure why, or maybe I missed something. If it was a 4 start, I’d buy with real money at 42.50. Instead, I’m setting an alert for 40 to review it then, and making the limit buy at $42.50 in my WSS account.
I’m doing my quarterly clean up of my alerts, which means the long, tedious task of reviewing each symbol that I have Yahoo! watch for me. I don’t have to schedule this task, I know it is time when the same alerts come to me every day, and indication that the market has shifted and I need to shift my evaluations along with it.
One upside to this task (and there has to be one, because the cheap is pushing all of the lazy out for this) is that I run across new stocks to watch while I do it. Today I came across BDX while updating my watch numbers on BAX. If I were in buy and hold mode (I’m not, at the moment, while I continue to rebuild my core capital) I would have an alert set for BDX along with a limit buy. So it just goes on the watch list, which is a another clean up chore I can postpone for awhile.
askStockGuru today is recommending to buy at 1.62. Yahoo! Finance today shows a one year target of 4.67. I’m already happy owning a few share at no cost, but I am setting alerts for 1.80 and 3.50 for future thinking while I watch this stock.
Companies that are hiring in a down economy are either going to go up or blow up when things improve. EMC is on the up swing now, so watching for a fall back to review a buy in.
Today’s price: 12.88. askStockGuru.com has them at an aggressive buy at 12.86 and a conservative buy at 11.75.
Based on the marvelous Stock Gumshoe article: “48 Karat Gold: An Investment Worth Twice Its Weight in Gold”
My back of the envelope buy price on this from looking at the Yahoo Interactive chart today is $40. Not bad, considering that Ask Stock Guru has today “Consider buy when the price retraces around 39.8 if you are aggressive. Alternatively, a conservative buy would be around 36.16″