I will look at the authors logic but before looking at it I have to disagree that IBM is a dangerous stock. Reading the latest analyst reports and being a long term holder I find significant upside to IBM.
Some things I like about IBM include 1) Software and services steady recurring revenues 2) strong financial position 3) large generation of free cash flow 4) High Return on Equity 5) IBM has weathered the worst of this downturn and continued to grow earnings.
On the other hand it isnt hard to believe that Caterpillar and Marriott can have some hard shareholder times.
I read SA because articles like this challenge my beliefs and forces me to consider other perspectives. thanks!
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You make some excellent points!
I am a strong believer in UTX/MMM/HON because they have strong management teams that manage well in tough times. Bought them a little early around turn of the year and built positions over last 2 months. I am not interested in CAT as I think they face stiffer headwinds.
If these are some stocks you want to own long term it is a good time to buy. It is possible the market including these names will pull back next week in anticipation of earnings. If not I might wait and see how earnings are before buying a larger stake.
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Some things I like about IBM include
1) Software and services steady recurring revenues
2) strong financial position
3) large generation of free cash flow
4) High Return on Equity
5) IBM has weathered the worst of this downturn and continued to grow earnings.
On the other hand it isnt hard to believe that Caterpillar and Marriott can have some hard shareholder times.
I read SA because articles like this challenge my beliefs and forces me to consider other perspectives. thanks!
4 Stocks for an Anticipated Industrial Recovery [View article]
4 Stocks for an Anticipated Industrial Recovery [View article]
I am a strong believer in UTX/MMM/HON because they have strong management teams that manage well in tough times. Bought them a little early around turn of the year and built positions over last 2 months. I am not interested in CAT as I think they face stiffer headwinds.
If these are some stocks you want to own long term it is a good time to buy. It is possible the market including these names will pull back next week in anticipation of earnings. If not I might wait and see how earnings are before buying a larger stake.