As the new year opens at the NYSE in a few moments, I'll offer up my own stock picks for the year.
No deep science here, I'm fairly new to the market, and I tend to borrow from many analytic schemes and consider a number of analysts and stock-picking online communities.
I'm fairly conservative - my annual target summarizes well enough:
The figures there are guesses based on expectation for S&P 2010 performance after the roller coast of the past two years. This is not my only, or even principal, retirement vehicle, but those others have various limits. Each month around the 15th (my payday) I'll pick a stock or two to buy. From time to time I may sell as well. I use a trailing stop-loss of 15% from highest buy price or last buy price, whichever is less.an above-average dividend stream (above S&P --3%?) alongside modest valuation growth (near S&P --5%?) through small regular (monthly) investments.
(alphabetized by ticker symbol)
Bristol-Myers Squibb Co. (NYSE:BMY) Big Pharma with strong bio-pharm aspects 5.1% DivYield
CVS Caremark Corporation (NYSE:CVS) Retail Drugs - more international than WAG. 1.5% DivYield
Walt Disney Co. (NYSE:DIS) has never failed me, but strong performance last year raises concerns for 2010. 1.1% DivYield
IdaCorp, Inc. (NYSE:IDA) strong hydro aspect means less dependent on foreign oil 3.8% DivYield
McDonald's Corp. (NYSE:MCD) 3.1% DivYield
QUALCOMM Inc. (NASDAQ:QCOM) most new phones run on their technology. home-town company. 1.5% DivYield
Sysco Corp. (NYSE:SYY) 3.4% DivYield
AT&T, Inc. (NYSE:T) toss-up with Verizon, I chose Ma Bell. 6% DivYield
Unilever NV (NYSE:UN) International presence 2.4% DivYield
Wal-Mart Stores Inc. (NYSE:WMT) cheaper than Amazon. 2% DivYield
-- No Tobacco, Alcohol, Firearms, or Big Polluters.
I've not attempted to diversity across too many sectors, nor across capitalization or exchanges. Obviously, where the dividend yield is lower, I'm hoping for more growth, but nothing aggressive here.
Disclosure: Long on BMY, CVS, DIS, IDA, T, UN, WMT