NJDCY

Special Report: Buy on the Dip Strategy #3 (of 4) and four more picks (Nos. 8, 9, 10 and 11)

Special Report: Buy on the Dip Strategy #3 (of 4) and four more picks (Nos. 8, 9, 10 and 11)

When I started Special Report for how to Buy on the Dip, What to Buy on the Dip and When to Buy on the Dip I was only looking to have three strategies (and 10 picks). The more I look at the current market, the more complex it seems with more moving parts that could generate an Oh, No! moment for this stock or that stock. Which is why I’ve added a fourth strategy, one I’m calling “The China bomb” and four more picks to my Buy on the Dip Special Report.

Special Report: 4 Strategies and 14 Best Buy on the Dip Stocks–Complete 4 strategies and 14 picks

Special Report: 4 Strategies and 14 Best Buy on the Dip Stocks–Complete 4 strategies and 14 picks

Yes, we want to buy on the dip. Whenever we get a significant dip. (And significant to me is 5% or more in the major indexes–and 10% or more in specific sectors.) But, we need new strategies for buying on the dip that take into account the market’s valuation problem, the central bank tightening that looks to be in the cards, and the real possibility of a dip in growth below forecasts in 2022. I’ve got fouir strategies to suggest for buying in this market on these dips. And 14 picks to use to execute those strategies.

Nidec tacks on 7.69% gain today on updated annual forecast and new buyback plan

Nidec tacks on 7.69% gain today on updated annual forecast and new buyback plan

Nidec (NJDCY) shares gained another 7.69% today, after the maker of electric motors for hard drives, robots, and electric vehicles, raised its annual outlook for the fiscal year that ends on March 31. The new outlook forecasts operating income of 155 billion yen ($1.5 billion) versus the older forecast of 140 billion yen. The company authorized share buybacks of up to 50 billion yen, or about 0.7% of the company’s stock.

Nidec splits 2/1

Nidec splits 2/1

No, the problems in the Chinese auto industry--a big customer for Nidec's (NJDCY) small motors and electric drive trains--didn't suddenly spike and cut Nidec's share price in half. The Japanese company executed a 2/1 split on April 9. I bought these shares in my 50...