Most of my dividend stocks are energy/commodity companies, but for this month, I chose "black gold" of a different kind. Plus, I can now say I own each of Warren Buffett's top four holdings (Wells Fargo, IBM, and American Express being the other three).
Coca-Cola (KO)
Positives:
The most perfect consumer product ever invented. Cheap/easy to produce, universally popular, sold everywhere.
Stellar margins (19% profit, 23% operating) and ROE (28%).
Very safe, growing dividend, currently yielding 2.8%.
Negatives:
Fizzling revenue growth (4%).
$17B cash vs. $33B debt (though I strongly suspect they hold debt out of choice, rather than necessity).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.48%
Google (GOOG) 8.88%
Southern Copper (SCCO) 6.48%
Baidu (BIDU) 5.35%
Amazon (AMZN) 4.79%
Intuitive Surgical (ISRG) 4.77%
Ace Limited (ACE) 4.64%
American Capital Agency (AGNC) 4.36%
Annaly Capital Management (NLY) 3.78%
Tesla Motors (TSLA) 3.55%
American Software (AMSWA) 2.86%
Blackstone (BX) 2.72%
Kinder Morgan Energy Partners (KMP) 2.62%
McDonald's (MCD) 2.31%
Prospect Capital (PSEC) 2.13%
Vodafone (VOD) 2.11%
Apache (APA) 2.03%
Intel (INTC) 1.88%
DuPont (DD) 1.85%
Under Armour (UA) 1.75%
BreitBurn Energy Partners (BBEP) 1.65%
Ansys (ANSS) 1.64%
Nike (NKE) 1.57%
International Business Machines (IBM) 1.56%
Coca-Cola (KO) 1.48%
American Express (AXP) 1.48%
ConocoPhillips (COP) 1.46%
Computer Programs and Systems (CPSI) 1.40%
China Mobile (CHL) 1.36%
F5 Networks (FFIV) 1.31%
Wells Fargo (WFC) 1.30%
3D Systems (DDD) 1.20%
Microsoft (MSFT) 1.15%
The Distressed (BEBE, GSOL, LZB, MSI, PCS) 0.97%
