Dominion Resources Black Warrior Trust (DOM)
Positives:
9% dividend yield.
As a trust, has a 100% payout ratio and is a pure dividend stock.
Negatives:
Little to no opportunity for capital gains.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.53%
Southern Copper (SCCO) 9.55%
Google (GOOG) 7.76%
Dominion Resources Black Warrior Trust (DOM) 7.69%
The Distressed (ABK, AIG, BBI, BGP, C, CRIC, ENER, ETFC, F, FNM, GIGM, JSDA, JTX, MOT, MTLQQ.PK, PALM, PCS, WFC, YRCW) 5.91%
Frontline (FRO) 5.12%
Ace Limited (ACE) 5.05%
Hugoton Royalty Trust (HGT) 4.53%
BP Prudhoe Bay Royalty Trust (BPT) 4.46%
American Software 4.00%
Prospect Capital (PSEC) 3.84%
Biovail (BVF) 3.25%
McDonald's (MCD) 3.03%
Blackstone (BX) 2.99%
Great Northern Iron (GNI) 2.85%
Tidewater (TDW) 2.83%
Vodafone (VOD) 2.64%
DuPont (DD) 2.63%
Cherokee (CHKE) 2.55%
Apache (APA) 2.53%
Annaly Capital Management (NLY) 2.14%
PDL BioPharma (PDLI) 1.86%
Saturday, May 22, 2010
Wednesday, March 3, 2010
Stocks Of The Month: BPT, HGT, PSEC
First, while I was sleeping...Tesoro (TSO) suspended its dividend indefinitely, and Terra Nitrogen (TNH) failed to pay its dividend for the current quarter...shame on them. Therefore both stocks have been sold, allowing for 3 new stocks for March.
BP Prudhoe Bay Royalty Trust (BPT), Hugoton Royalty Trust (HGT)
Positives:
Massive 16% and 9.3% dividend yields respectively.
Negatives:
100% payout ratio (due to being trusts) equals lumpy dividends.
Prospect Capital (PSEC)
Positives:
13.9% dividend yield.
6+ year history of increased dividends.
Low forward P/E of 9.
Negatives:
Private equity / venture capital / risky financial company...buyer beware.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 10.66%
Southern Copper (SCCO) 10.21%
Google (GOOG) 8.84%
Dominion Resources Black Warrior Trust (DOM) 5.90%
The Distressed (ABK, AIG, BBI, BGP, C, CRIC, ENER, ETFC, F, FNM, GIGM, JSDA, JTX, MOT, MTLQQ.PK, PALM, PCS, WFC, YRCW) 5.83%
Ace Limited (ACE) 5.03%
Frontline (FRO) 4.54%
BP Prudhoe Bay Royalty Trust (BPT) 4.50%
Hugoton Royalty Trust (HGT) 4.43%
Prospect Capital (PSEC) 4.36%
American Software 3.89%
Blackstone (BX) 3.79%
Biovail (BVF) 3.30%
Great Northern Iron (GNI) 3.21%
Vodafone (VOD) 3.06%
Tidewater (TDW) 2.97%
Apache (APA) 2.95%
McDonald's (MCD) 2.80%
DuPont (DD) 2.46%
Annaly Capital Management (NLY) 2.43%
PDL BioPharma (PDLI) 2.30%
Cherokee (CHKE) 2.19%
BP Prudhoe Bay Royalty Trust (BPT), Hugoton Royalty Trust (HGT)
Positives:
Massive 16% and 9.3% dividend yields respectively.
Negatives:
100% payout ratio (due to being trusts) equals lumpy dividends.
Prospect Capital (PSEC)
Positives:
13.9% dividend yield.
6+ year history of increased dividends.
Low forward P/E of 9.
Negatives:
Private equity / venture capital / risky financial company...buyer beware.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 10.66%
Southern Copper (SCCO) 10.21%
Google (GOOG) 8.84%
Dominion Resources Black Warrior Trust (DOM) 5.90%
The Distressed (ABK, AIG, BBI, BGP, C, CRIC, ENER, ETFC, F, FNM, GIGM, JSDA, JTX, MOT, MTLQQ.PK, PALM, PCS, WFC, YRCW) 5.83%
Ace Limited (ACE) 5.03%
Frontline (FRO) 4.54%
BP Prudhoe Bay Royalty Trust (BPT) 4.50%
Hugoton Royalty Trust (HGT) 4.43%
Prospect Capital (PSEC) 4.36%
American Software 3.89%
Blackstone (BX) 3.79%
Biovail (BVF) 3.30%
Great Northern Iron (GNI) 3.21%
Vodafone (VOD) 3.06%
Tidewater (TDW) 2.97%
Apache (APA) 2.95%
McDonald's (MCD) 2.80%
DuPont (DD) 2.46%
Annaly Capital Management (NLY) 2.43%
PDL BioPharma (PDLI) 2.30%
Cherokee (CHKE) 2.19%
Saturday, February 13, 2010
Stocks Of The Month: The Distressed 2010
I have to admit...I've been looking forward to this for a while.
Last February, I made the completely liberating decision to buy crappy stocks and not care if they lose money. Pleasantly/well timed to the market recovery, 7 of those 10 stocks are in the black one year later.
So I will repeat the selection progress from last year: 10 more lousy stocks, each 1/10th of what I usually invest per month. And 10 more snarky comments for each wretched stock.
Without further ado, I present to you the 10 newest members of "The Distressed" (percentages are from 52-week high):
Ambac Financial (ABK, -71%): bond insurer which somewhat famously imploded in the fall of 2008.
Blockbuster (BBI, -76%): just like Netflix, but with way more overhead and debt.
Borders (BGP, -73%): old-fashioned, old-media retailer very near to bankruptcy.
China Real Estate Information (CRIC, -45%): irresistible intersection of the twin bubbles of China and real estate.
Energy Conversion Devices (ENER, -74%): beat-down solar cell and nickel battery company.
E*Trade (ETFC, -49%): nearly wiped out by mortgage business. Minus points for annoying talking baby commercials.
GigaMedia (GIGM, -61%): the worst of many Chinese online gaming stocks.
Jackson Hewitt (JTX, -81%): completely inferior competitor to the larger, healthier HR Block.
Palm (PALM, -45%): largely invented the smartphone, only to get trampled by everyone else.
MetroPCS (PCS, -69%): second-tier mobile provider. Bonus points for "Tech & Talk" commercials.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Southern Copper (PCU) 10.92%
Apple (AAPL) 10.67%
Google (GOOG) 9.03%
Terra Nitrogen (TNH) 6.82%
Dominion Resources Black Warrior Trust (DOM) 6.46%
The Distressed (ABK, AIG, BBI, BGP, C, CRIC, ENER, ETFC, F, FNM, GIGM, JSDA, JTX, MOT, MTLQQ.PK, PALM, PCS, WFC, YRCW) 5.76%
Ace Limited (ACE) 5.07%
Tesoro (TSO) 4.90%
Frontline (FRO) 4.55%
American Software 4.02%
Blackstone (BX) 3.66%
Biovail (BVF) 3.24%
Vodafone (VOD) 3.11%
Tidewater (TDW) 3.05%
Great Northern Iron (GNI) 3.03%
Apache (APA) 2.97%
McDonald's (MCD) 2.90%
DuPont (DD) 2.42%
Annaly Capital Management (NLY) 2.40%
PDL BioPharma (PDLI) 2.35%
Cherokee (CHKE) 2.19%
Last February, I made the completely liberating decision to buy crappy stocks and not care if they lose money. Pleasantly/well timed to the market recovery, 7 of those 10 stocks are in the black one year later.
So I will repeat the selection progress from last year: 10 more lousy stocks, each 1/10th of what I usually invest per month. And 10 more snarky comments for each wretched stock.
Without further ado, I present to you the 10 newest members of "The Distressed" (percentages are from 52-week high):
Ambac Financial (ABK, -71%): bond insurer which somewhat famously imploded in the fall of 2008.
Blockbuster (BBI, -76%): just like Netflix, but with way more overhead and debt.
Borders (BGP, -73%): old-fashioned, old-media retailer very near to bankruptcy.
China Real Estate Information (CRIC, -45%): irresistible intersection of the twin bubbles of China and real estate.
Energy Conversion Devices (ENER, -74%): beat-down solar cell and nickel battery company.
E*Trade (ETFC, -49%): nearly wiped out by mortgage business. Minus points for annoying talking baby commercials.
GigaMedia (GIGM, -61%): the worst of many Chinese online gaming stocks.
Jackson Hewitt (JTX, -81%): completely inferior competitor to the larger, healthier HR Block.
Palm (PALM, -45%): largely invented the smartphone, only to get trampled by everyone else.
MetroPCS (PCS, -69%): second-tier mobile provider. Bonus points for "Tech & Talk" commercials.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Southern Copper (PCU) 10.92%
Apple (AAPL) 10.67%
Google (GOOG) 9.03%
Terra Nitrogen (TNH) 6.82%
Dominion Resources Black Warrior Trust (DOM) 6.46%
The Distressed (ABK, AIG, BBI, BGP, C, CRIC, ENER, ETFC, F, FNM, GIGM, JSDA, JTX, MOT, MTLQQ.PK, PALM, PCS, WFC, YRCW) 5.76%
Ace Limited (ACE) 5.07%
Tesoro (TSO) 4.90%
Frontline (FRO) 4.55%
American Software 4.02%
Blackstone (BX) 3.66%
Biovail (BVF) 3.24%
Vodafone (VOD) 3.11%
Tidewater (TDW) 3.05%
Great Northern Iron (GNI) 3.03%
Apache (APA) 2.97%
McDonald's (MCD) 2.90%
DuPont (DD) 2.42%
Annaly Capital Management (NLY) 2.40%
PDL BioPharma (PDLI) 2.35%
Cherokee (CHKE) 2.19%
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