• J. A. Saglimbeni
    This market is definitely a stock pickers market. Stay with quality, but be carefull there is a premium to such names: $MKC, $GWW, $MA, $V..
    3/21/13
    Reply (12)
    • jmok322: Looking for a good entry pt on $V myself...seems like it has run up nicely of late, will wait for now.
      3/21/13
    • J. A. Saglimbeni: I think if you think long-term on $MA or $V you should be able to top the indexes or the next few years...
      3/21/13
    • Philip Saglimbeni: With rev/EPS growth very comparable in the next two years, MA is cheaper at current levels, both great though
      3/21/13
    • jmok322: Do both $MA and $V have strong buyback programs in place? Would you buy either at current levels or wait for now?
      3/21/13
    • J. A. Saglimbeni: jm, I have been adding on dips for years now and I am sure my cousin has been doing just the same...but always monitor your investments...
      3/21/13
    • Philip Saglimbeni: I wrote an article on both about a month ago, MA announced a new buyback of $2 billion in February and doubled their dividend
      3/21/13
    • Philip Saglimbeni: This is on top of a $1.5 billion buyback last year, not huge given market cap but they have been doing it rather steadily
      3/21/13
    • Philip Saglimbeni: V announced a $1.75 billion buyback in February
      3/21/13
    • jmok322: Thanks to both of you for the info..very helpful
      3/21/13
    • J. A. Saglimbeni: You are welcome.
      3/21/13
    • Philip Saglimbeni: One other thing is that V trades a little more calmly, the lower share count makes MA more volatile, I plan on adding to both on drops
      3/21/13
    • J. A. Saglimbeni: Such a smart investor you are Mr. Saglimbeni, I wonder where you gained all that know-how?
      3/21/13