38 Companies with Top Financial Strength [View article]
I ran these through the morningstar database as well. Generally these are companies with "moats" and high financial strength (A or B on a 5 point scale - so consistent with S&P/VL analysis). Only 5 of these are rated as "strong buys" by Morningstar with 4 of 5 having wide moats. I also pleased that I own two of them.
Dividend Aristocrats: Top Dividend Growers [View article]
I am long on Pfizer - here is my thesis:
I beleive Pfizer will be making multiple acquisitions (or a big ones) to replenish its near term pipleline before Lipitor patents expire over the 3 - 4 years. They are sitting on over 30 billion cash + short term assets and are continuing to add to the cash pile at the rate of 5 B a year (after paying out 8 B for dividends. They have a AAA credit rating (only a handful of companies have that - and none of banks).
They also continue to spend over 8 B in R&D and their mid term to long term pipeline looks quite good. I don't think there is any great danger of divdend impairment.
38 Companies with Top Financial Strength [View article]
Here are the results.
tinyurl.com/mqu5p6
Dividend Aristocrats: Top Dividend Growers [View article]
I beleive Pfizer will be making multiple acquisitions (or a big ones) to replenish its near term pipleline before Lipitor patents expire over the 3 - 4 years. They are sitting on over 30 billion cash + short term assets and are continuing to add to the cash pile at the rate of 5 B a year (after paying out 8 B for dividends. They have a AAA credit rating (only a handful of companies have that - and none of banks).
They also continue to spend over 8 B in R&D and their mid term to long term pipeline looks quite good. I don't think there is any great danger of divdend impairment.