Indeed there are a lot of stocks on sale ,very low PE and a nice ROE. If on top of that you can get a dividend of a minimum of 2.5% it makes it a little easier to start nibbling on some of those names.That s what I am doing now with companies like FCX ,CVX ,GE, HD ,EMR ,but I am essentially adding to my positions except for FCX and CVX. Low p/e, ROE of about 20% or more and a relatively nice dividend is my plan. I know it s early but I buy an extra 50 shares when their prices go down another 5$ or more. For now I stay away from the financials and technology, have been tempted to short those sectors but I don t have the nerves to do it on my own. Right now I am looking to start buying NUE and HAL any thoughts on those 2 stocks anybody? I would apprciate your feedback on those 2 companies.Thanks
Why Don't Earnings Matter Anymore? [View article]
Low p/e, ROE of about 20% or more and a relatively nice dividend is my plan. I know it s early but I buy an extra 50 shares when their prices go down another 5$ or more. For now I stay away from the financials and technology, have been tempted to short those sectors but I don t have the nerves to do it on my own. Right now I am looking to start buying NUE and HAL any thoughts on those 2 stocks anybody? I would apprciate your feedback on those 2 companies.Thanks
tipalia