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Emerald

Emerald
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AAPL, ABT, ADP, AGG, AMJ, AROW, AT, ATW, AVB, AXP, BAC, BBEP, BBK, BBL, BCS, BHP, BMY, BND, C, CHK, CHKR, CL, CLX, CMLP, CNSL, COF, COP, CSCO, DRI, DTN, DUK, E, EEP, EMB, EPD, EQR, ERF, ETP, FB, FTR, GALE, GE, GIS, GLD, GPC, HCP, HDV, HNZ, IBM, IDMCQ, INTC, IYH, IYR, JE, JNJ, JPM, KMB, KMI, KMP, KO, LAG, LEH, LINE, LO, LQD, LYG, MAA, MCD, MER, MSFT, MUB, NE, NGLS, NLY, NOV, NS, NUE, O, OHI, OIH, PAA, PBA, PEP, PFN, PG, PHK, PM, PWE, RCI, RIG, SDRL, SDY, SEP, SLB, SNH, SO, SPY, SYY, T, TLT, TOT, TXN, UL, URA, URPTF, USO, UYG, VALE, VIVHY, VTR, VZ, WB, WFC, WIN, WM, XLF, XOM, YUM
Latest  |  Highest rated
  • Coca-Cola: Downside Is Less Than 5% [View article]
    Many of the comments on KO are very short sighted and lacking in any clear understanding of the company. Their long term track record and first class distribution channels worldwide are the envy of many companies. KO has the ability to diversify and change with consumer demands. Their main product is fructose flavored water and clearly not a healthy choice, but they also sell bottled water and other products including orange juice. I'm not a fan of the recent executive pay package and voted against it. However, it is still a solid company. I believe a solid entry point is around $38 per share and I recently added to my holdings at this price. Long: KO, PEP, KRFT, MDLZ, UL, PG
    Apr 18 03:00 PM | 2 Likes Like |Link to Comment
  • Apple: The Case Against A Dividend Increase [View article]
    sellHigher, your referenced article is full of misleading logic. The article talks about 105% taxation until the end when the writer casually acknowledges that he is talking about upper tax bracket short term traders who theoretically pay the highest ordinary federal income tax and the highest state tax. Yes, I acknowledge that there is double taxation between the corporation and the individual as the dividend is taxed twice. However, many tech companies, such as Apple, pay a very low federal tax rate due to the manipulation of various tax schemes in Europe, thereby limiting their U.S. based earnings.

    On the individual basis, many longer term holders of Apple stock are not in the highest brackets and fall within the 15% tax bracket for Qualified Dividends. I would venture that I pay 21% between federal and state taxes before any Schedule B deductions and not counting the low corporate tax. The most obvious point that the article does not address is that this net Apple dividend is paid to me as a stockholder as a return on my investment and such payment is not hindering the ability of Apple to carry out its business plan. You can argue about corporate taxation as a stand alone issue, but perhaps some form of taxation is the price we pay for living in the U.S. Regards
    Apr 18 02:50 PM | 1 Like Like |Link to Comment
  • Bank Of America Is Not A Solid Investment For New Money, And Litigations Continue [View article]
    Regarded, you certainly drew a few nasty responses. I think your analytical comments are accurate and your conclusion is reasonable. I recently purchased a few more shares of BAC as a speculative play. Why? This TBTF bank will resolve its legal problems (albeit at a high cost that will be expensed) and may face slow consumer product growth like all the other banks. However, credit cards, the Merrill franchise and stock buybacks will put a floor under the stock at current levels. The pending dividend increase at a yield of 1.25% at today's price is a decent money market yield versus investing in higher yielding stocks. I do see the stock reverting to book value over the next two years, producing a good overall capital gain. I'm not in BAC for the long run. Thanks for your article.
    Apr 17 10:30 AM | Likes Like |Link to Comment
  • Bank Of America About To Rise Like A Phoenix [View article]
    BAC is a long slog through the mud. The legal problems will be resolved this year. I view BAC as a five year, somewhat speculative play rising to the range of $22-25 per share over the next 2-3 years. This is a TBTF bank that has adequate capital and is raising its dividend and buying back shares. I recently added more shares in the last week. Long: C, BAC, WFC, JPM, AROW, LYG
    Apr 17 10:09 AM | Likes Like |Link to Comment
  • ConocoPhillips: A Return To Growth? [View article]
    Albert, thanks for the update. I bought more shares of COP two months ago based on their turnaround plan falling into place. I also bought some BP with a 10% stop-loss in place. Long: COP, XOM, CVX, TOT, E, BP
    Apr 15 09:54 AM | 1 Like Like |Link to Comment
  • 12 Stocks Held In Common By S&P 500 Low Volatility, High Quality And High Yield Indexes [View article]
    Richard, thanks for a very informative article. I own all these stocks with the exception of Republic Services. I see KMB as a very expensive stock at this point and have owned them in excess of five years. Waste Management is on my watch list given the drop in earnings, high payout ratio and soft consumer climate. I recently added BAX on a dip even thought I'm not sure what the company will look like when they split next year. Regards
    Apr 14 09:43 AM | 3 Likes Like |Link to Comment
  • Bank Of America Earnings Preview [View article]
    There are two times to make significant money. The first is when blue chips get crushed, even when they deserve it. The other, although less lucrative, is when they show signs of recovery. Right now, both Citi and B of A are selling below book value around 0.80 versus a fully stable number of 1.5. Both banks have legacy issues that are ever so slowly going away. As the U.S. economy recovers, both banks will see significant upside over the next few years. I bought more BAC this week for this reason. With the upcoming dividend increase to $0.20, I can get a dividend of 1.25% based on a stock price of $16. As a too-big-to-fail bank, I'll take this strong money market yield while I wait for my capital gain. Regards
    Long: BAC, C, WFC, JPM, AROW, LYG
    Apr 10 10:36 AM | 4 Likes Like |Link to Comment
  • You Must Know This About REITs [View article]
    Brain, good article that refutes much of the nonsense out there. REIT stocks will fluctuate, but the better managed ones will prosper over time. Same with utilities. I bought shares in HCN,, O, and VTR on last Decembers sell off. Regards
    Long: EQR, O, HCN, VTR
    Apr 10 10:27 AM | 1 Like Like |Link to Comment
  • Dividend Growth Investing: Is Total Return A Useful Metric? [View article]
    Dave, thanks for the article. I always enjoy your writings. Every time I read one of these plus the comments, I think of "seed corn". I was always a passive total return investor until 2005, when I started a DGI portfolio. I read comments about how investors can do just as well buying the S&P index and/or a bond index. Perhaps, but this ignores the seed corn argument. Let's say Mark and I have a $500,000 portfolio by age 65. Mark's portfolio has a 1.5% dividend, mine has a 4% dividend. Mark will have to spend more of his seed corn to pay his bills and he will delete his $500,000 much faster than me. I will pay more of my expenses with my dividends than Mark and preserve my portfolio. Regards

    The MPT model of spending no more than 4% of your principal in retirement means watching your bank balance decline at an increasing rate as each year goes by. Granted, Mark may be lucky and have strong capital gains and have a stable or rising stock market in retirement. But, what are the odds? As Chowder noted, stock prices can suffer a significant reversal, but most of the dividends remain intact. I like these odds. My DGI portfolio is like a paycheck in retirement and, most importantly, I sleep well at night.
    Apr 10 10:20 AM | 2 Likes Like |Link to Comment
  • JPMorgan Chase: Distancing Further From The Pack [View article]
    I believe there is tremendous upside in both Citi and B of A, given that they are the late bloomers of the big banks and are selling below book value. Both will institute dividends again later this year and will grow them next year. JPM is now fully valued. I also own WFC, JPM and LTG. Regards
    Apr 8 10:01 AM | Likes Like |Link to Comment
  • Dividend Growth Portfolio: Spring Checkup And Semi-Annual Review [View article]
    GVK, thanks for the update. I sold Darden a few months ago given the same store sales decline and apparent lack of strategy by management. The company is trying to operate at both the fine dining and middle class price points. I believe the lack of additional purchasing power in the middle class due to wage stagnation is a longer term problem for the likes of Olive Garden and Red Lobster. I'm usually reluctant to sell, but I became convinced over time that Darden is not close to "best in class". I took my money at a small profit and bought more KO and started a position in O at the December low. Regards
    Apr 8 09:53 AM | 3 Likes Like |Link to Comment
  • High-Yielding Cisco Increases Dividend 12%, But Is It A Buy? [View article]
    As a long term owner of Cisco, I am always weary of buying this stock at anything north of $18.50 per share. Fair value is somewhere around $20.00 on a sunny day. With Chambers at the helm, the stock will remain stagnant. I like the dividend, but management is vastly overpaid for mediocre performance.
    Apr 7 10:04 AM | Likes Like |Link to Comment
  • Realty Income: One Heck Of An Ark That's Prepared For The Storms Ahead [View article]
    FCARONE, sorry sir, but you are misguided. Many of the analyses you cite use simple computer modeling programs using GAAP accounting and earnings per share as benchmarks. Fidelity's, as well as many other firms, use the simple modeling. They don't want to pay for meaningful analysis. I can tell you that the mutual fund manager for Fidelity's Real Estate Investments fund does his homework.) See comment above from Bryce-in-Texas. Any analyst who actively covers REIT's uses Funds From Operations, not EPS. This method basically adds back depreciation to get a more clear picture of cash flow. Realty Income is fairly valued today in the low $40's. Long: O, VTR, HCN, EQR
    Apr 5 07:24 PM | 4 Likes Like |Link to Comment
  • Seadrill: Should You Buy Or Run For The Hills? [View article]
    sixshot, as a big picture comment, you may be correct. However, the major oil companies want the newer, more efficient rigs that have more safety features. Its the older rigs that are in less demand. Drilling demand may decline, but its not going to stop. As such, Seadrill has an advantage.
    Apr 2 03:35 PM | 2 Likes Like |Link to Comment
  • Seadrill: Should You Buy Or Run For The Hills? [View article]
    goose, there are two separate, but affiliated companies. Seadrill (SDRL) is the driller. Seadrill Limited Partners, is a relatively new MLP that Seadrill, the parent, created and has been dropping down hard assets into the MLP, namely rigs, to get them off the balance sheet of SDRL. SDLP raises its own capital and buys the rigs from SDRL who gets the cash. Regards
    Apr 2 03:29 PM | Likes Like |Link to Comment
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