Seeking Alpha

SteveTheHawk

SteveTheHawk
Send Message
View as an RSS Feed
View SteveTheHawk's Comments BY TICKER:
AAPL, ABBV, ABT, AEO, AEP, AMJ, AMZN, ARLP, BAC, BKCC, BKE, BOND, BRK.B, CL, COP, COST, CSCO, CVX, DLR, DTN, DUK, DVY, ED, EXC, FTR, GD, GE, GIS, GPC, GS, HAS, HGIC, IBM, INTC, JNJ, K, KEY, KKR, KMB, KO, KONA, LMT, MCD, MKC, MMM, MSFT, O, PEP, PG, PM, SCTY, SDY, SO, SON, SYY, T, TGT, THI, TWC, UL, VTR, VZ, WAG, WEC, WFC, WM, WMT, XOM, XRT, YUM
Latest  |  Highest rated
  • What's An Investor To Do With McDonald's? [View article]
    Thanks for the report. Beef quality is important, no doubt. I'm guessing that part of the problem is the use of frozen beef patties. Their burgers do always seem to be on the dry side. Glad to hear the veggies were fresh. I suppose I'll need to make a visit and try it for myself <g>.
    May 15, 2015. 07:47 PM | 1 Like Like |Link to Comment
  • What's An Investor To Do With McDonald's? [View article]
    I'm curious how the new $5 third pound sirloin burgers will go over. I have yet to try one but feel like I should (in the name of investment research of course). The photos make it look like a pretty serious burger, but one can never trust ad photos.

    If it's truly good, then I would think that $5 won't be a show stopper, and it seems competitive with the Five Guys type of burger.
    May 15, 2015. 07:37 PM | 1 Like Like |Link to Comment
  • Realty Income Corp.: Collecting Monthly Dividends [View article]
    I would also mention that graph issue aside, I view O as being a great DG stock and do own some of it. However, I'm waiting for a current yield in excess of 5%. It will probably take a decent rate hike or market downturn to get it there, but I'm trying to be patient.
    May 15, 2015. 07:27 PM | 8 Likes Like |Link to Comment
  • Realty Income Corp.: Collecting Monthly Dividends [View article]
    I don't want to be critical, but I feel the need to point out a couple things. On your FAST Graph image, it appears that you are using P/E in your evaluation. You should use P/FFO for REIT stocks.

    If you look at O using FFO, your graph will change to the worse and you will notice that the stock is well above the blue line. Also note that current yield is as low as it's been in a long time. Just a FYI.

    Steve
    May 15, 2015. 07:23 PM | 9 Likes Like |Link to Comment
  • My First Quarter 2015 Portfolio Review [View article]
    Bob,

    I have many times contemplated that very issue. I am quite certain that my wife has no inclination toward managing a DG stock portfolio, and we have no children to take over that duty. Family members that would be trusted and willing to do such a job are simply not money oriented enough to handle it. Very few in my family even own stocks.

    So, it would seem that I have no choice but to pick an alternate strategy besides education of family members. I still don't know if I would want my wife to move the funds to ETFs. There is always the possibility of a financial manager I suppose, but I expect the fees would eat up a lot of the returns.

    Decisions, decisions.... and a difficult decision at that.

    Steve
    May 14, 2015. 09:00 PM | 1 Like Like |Link to Comment
  • Johnson & Johnson: Dividend Growth Is Fantastic But Look Elsewhere For Capital Gains [View article]
    The dividend is precisely why I own JNJ. I need the core of my DG portfolio to be as solid as possible. JNJ is a significant part of that core. The income flows in and I spend very little time thinking about it. One of my favorite stocks.
    May 14, 2015. 03:47 PM | 6 Likes Like |Link to Comment
  • My Favorite Industrial Stock Boasts 58 Years Of Consecutive Dividend Increases [View article]
    I made a couple initial buys in February and March in the $55-$57 range. Took it to almost a full position. Kind of wishing I would have topped it off. Being a cyclical though, I suspect that we'll get another shot at it.

    Steve
    May 14, 2015. 08:51 AM | Likes Like |Link to Comment
  • Coca-Cola: Propped Up By Interest Rates, But For How Long? [View article]
    I was thinking of adding a little below $40. At $31 I might have to max out a home equity loan and go all in on KO.
    May 13, 2015. 02:28 PM | 11 Likes Like |Link to Comment
  • HCP: A High-Yield REIT Play On Healthcare [View article]
    Can I assume you meant to say "do NOT believe"? Please clarify.

    >>While I personally do believe that the issues will result in dividend cuts at HCP<<
    May 13, 2015. 11:56 AM | Likes Like |Link to Comment
  • 3M's Premium Is Unjustified And The Stock Looks Expensive [View article]
    Looking at historic yield, it's quite rare to see MMM at 3%. I've watched this stock for a while and have concluded that my initial buy will take place at a yield of 2.75% or above (or, about $149). If it should happen to reach 3% after that, it will just give me a valid excuse to buy more.

    Steve
    May 12, 2015. 11:18 PM | 2 Likes Like |Link to Comment
  • Investors Advised To Consider Southern Company For Income Portfolios [View article]
    maybenot,

    Ok.... I finally caved. I needed to move forward. SO got close enough to my buy price of $43 so I added today @ $43.25. Just as importantly, it hit the 5% current yield I was looking for. It now has just over 4% weight.

    I'm still a bit worried about their cost overrun issues, but I feel like they should be able to manage it. One never knows for sure though I guess.

    Steve


    >>Steve -- M* has FV @ $47. S&P IQ has FV @ $44.30 with their 12-month projection @ $45. So, not a bad time to buy or add more, for a Ute.<<
    May 12, 2015. 03:09 PM | Likes Like |Link to Comment
  • 3M's Premium Is Unjustified And The Stock Looks Expensive [View article]
    billinsd,
    I feel your pain.
    May 12, 2015. 03:00 PM | Likes Like |Link to Comment
  • 3M's Premium Is Unjustified And The Stock Looks Expensive [View article]
    MMM is a great company, but I view it as overpriced. Various valuation models can come up with numbers, but valuation is also in the eye of the beholder. When I (and most people I'm sure) buy a stock, it's because I believe it will serve my purposes. I'm thinking of taking another look if it gets below $150. Don't know if that will happen, but I hope so. I wouldn't mind owning some of it.
    May 12, 2015. 02:01 PM | 3 Likes Like |Link to Comment
  • Why I'm Passing On Procter & Gamble [View article]
    When it comes to PG, it doesn't seem like fear is very prevalent. The 5 year average yield is 3%. Current yield is only 20 basis points above that. At a casual glance, that doesn't imply much fear on the part of investors.

    Personally, I'm hoping to see PG drop into the mid-70's with a 3.5% yield so that I can up my position a little.

    Steve
    May 12, 2015. 11:19 AM | 1 Like Like |Link to Comment
  • Stress Test For Dividend Growth Investors [View article]
    Agree, RAS. The net effect is the same. People can't find income anywhere because of ZIRP, and therefore flock to div stocks, thus supporting the price. I don't know if we are in a dividend "bubble", but quite a few DG stocks seem pretty darn pricey and they flat out refuse to go down much unless something unpleasant happens to the company.

    So yeah, the root cause would seem to be ZIRP.

    Steve
    May 11, 2015. 02:29 PM | 1 Like Like |Link to Comment
COMMENTS STATS
1,798 Comments
4,056 Likes