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In refernce to the posy:::"What about Altria (MO) with about 5% yield and Phillip Morris Intl (PM) with yield just under 4%?"
Jun 25 13:28 pm
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All Comments by Warren Buffet »7 Stocks for a High Yield Cash Flow Portfolio [View article]
I also own JP Morgan/Chase (JPM) yielding 3.95% and it just bought Bear Stearns for 10 cents on the dollar back in March...a gift from the fed!
You have to figure that it will leveage that acquisition in the future and you get a good yield while waiting.
Cap gains & a great yield!
Bottom Line: BUY!