MO is one of those stocks investors will snap up first as yield starved accounts become increasingly dissatisfied earning virtually nothing in money markets and CDs. The amount of money parked in these and other short term investments exceeds the market cap of the stock market. Your call is perfectly plausible to me.
On Jan 09 02:35 PM dividendmachine wrote:
> Those who buy MO will be collectinga dividend yield over over 8.25% > level and the last 2 tims in this decade the stock had a div yield > over 7% and a 20% drop in price the stock was up 9 months later 63% > and over 100% 9 months later.Facts are facts.peace
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MO is one of those stocks investors will snap up first as yield starved accounts become increasingly dissatisfied earning virtually nothing in money markets and CDs. The amount of money parked in these and other short term investments exceeds the market cap of the stock market. Your call is perfectly plausible to me.
Jan 09 16:58 pm
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All Comments by jepittman »Nine for '09 Picks Start Strong [View article]
On Jan 09 02:35 PM dividendmachine wrote:
> Those who buy MO will be collectinga dividend yield over over 8.25%
> level and the last 2 tims in this decade the stock had a div yield
> over 7% and a 20% drop in price the stock was up 9 months later 63%
> and over 100% 9 months later.Facts are facts.peace