April 17, 2024 | ABBV, Daily JAM, Dividend Income |
Bookkeeping. I added AbbVie (ABBV) as Pick #10 for My New World for Dividend Investing Special Report (You can find it in the Special Report section of this site along with all the content on this market and its trends for Dividend Income investors. But I’m reposting it as a stand alone pick so no one misses it. AbbVie (ABBV) has been a long-time member of the Dividend Portfolio with a gain of 213% since my January 29, 2020 pick. The question right now is Should it be a top dividend pick going forward? After all, the appreciation in the stock has dropped the dividend yield to 3.67%. (Add in a modest yield from buybacks and the total yield goes to 4.18%.) The most pressing question has been What will replace the $20 billion in annual revenue from the company’s blockbuster arthritis drug Humira (adalimumab) now that it faces competition from biosimilar generics? Now we’ve got some numbers to answer that question and to me they add up to AbbVie remaining a top dividend pick.
March 16, 2024 | Daily JAM, Mid Term |
As James Earl Jones told Kevin Costner in Field of Dreams, “Build it and they will come.” Of course, if they don’t come on schedule, you’ll wind up sitting on a mountain of debt. Which is the reason that Melco Resorts and Entertainment finished 2023 with total debt of $8.1 billion. Which, in turn, is why the stock traded at just $7.20 a share on Friday, March 15. And why it’s down 18% for 2024 to date, as of the March 15 close, and down 40.36% for the last 12 months. But I also see the potential for a 60% gain to fair value in these shares.
December 28, 2023 | Daily JAM, Jubak Picks, Mid Term, Morning Briefing, Top 50 Stocks, Volatility |
GREATER Growth Stock Pick #8: BYD (BYDDF). I know; I know. What’s a Chinese stock doing on this list? It’s here because BYD, not Tesla (TSLA) is the big growth story in electric vehicles and not just for this month–but for years. And because I can see two catalysts that are about to power this stock higher. Morningstar calculates that BYD is 20% undervalued right now. Because this is a China stock we’ll need to take a deep look at valuation later in this post. But first, the growth story.
December 12, 2023 | ASML, Daily JAM, Stock Alerts, Top 50 Stocks |
GREATER Growth Stock Pick #7: ASML Holding (ASML). ASML Holding is priced like a stock that owns 90% of the market for cutting edge photo lithography chip-making equipment. I want to own this stock as one of my 10 GREATER Growth Stocks, but I worry about paying that kind of multiple (35 times trading 12-month earnings per share), especially ahead of what is shaping up as a challenging 2024 for chip equipment makers in general and ASML in particular. But 2025 looks like a great year for chip equipment makers in general and ASML in particular. So timing is the key issue on buying this one.
October 24, 2023 | AAPL, ALB, CAT, Daily JAM, DE, Dividend Income, DUK, F, GM, Jubak Picks, Mid Term, NI, SCCO, Short Term, Special Reports, Top 50 Stocks |
I’ve hi-lighted the key characteristics of the coming global debt bomb explosion that investors MUST include in any plan to protect a portfolio from the explosion of this bomb.
October 15, 2023 | Daily JAM |
A few days ago I recommended selling positions in the SPDR Gold Shares (GLD) and in the VanEck Gold Miners ETF (GDX) on the grounds that with bon yields rising, gold wouldn’t move higher. (This was all, of course, before Hamas attacked Israel and sent markets running for safety. On Friday, October 13, Comex gold for December delivery was up 3.11%.) So what I am I doing today recommending Barrick Gold (GOLD) as the third pick in my Special Report “10 Contrarian Bargains to Buy Now”?
September 19, 2023 | Daily JAM, Mid Term, Special Reports |
In this Special Report I’m going to start by sorting out the data that the market’s moves will likely depend on for the rest of 2023. That’s today’s post, Part 1 of this Special Report. Then I’ll try to handicap the likelihood that the data will zig or zag. And give you a sense of how far away from the current consensus the actual result might fall. And then finally, I’ll give you 10 moves for the rest of 2023 that are the most likely, in my opinion, to result in profits and that won’t wind up costing you big if the data winds up throwing investors a curve.
May 15, 2023 | Daily JAM |
Want to short this market and a world full of risk? The choice is gold, of course. And the only question is whether to use the precious metal itself or shares of a gold miner. Here’s the basic case for gold now. The trend is extremely positive for gold under almost all scenarios. Which is why I’m making gold my #3 Short Pick in my Special Report: My 5 Favorite Shorts for This Market
March 8, 2023 | Daily JAM, Short Term, Special Reports |
This is going to take me a while to get all five steps posted. The market situation is very complicated right now and the appropriate solutions are very specific. I’m going to start with the short-term moves you need to be making NOW and then gradually extend my recommendations to cover the entire next five months. I’ve now posted Steps #1, #2, and #3
November 3, 2022 | BHP, Daily JAM, Dividend Income, KMI, Special Reports, VZ |
It’s time to use this Bear Market to give any long-term dividend income strategy a big boost. This Special Report will tell you why and how and give you five stock picks that you can use to deliver that extra income.
November 1, 2022 | Daily JAM, Special Reports |
I just added Move #4 to this Special Report today, November 1. I’ve added it to the full report that you can find in the Special Reports section of the site. Move #4: Change your Bear Market rally selling strategy now that the rally has moved to a new stage with industrial stocks leading the way and technology shares lagging. To me, it looks like leadership has shifted in this rally in the last week or so of October.
July 14, 2022 | Daily JAM |
The July 13 CPI inflation report that showed annual inflation in June running at a 9.1% rate struck me as a good moment to go back through my Special Report: Your Best Investment Strategy for the Next Five Years for an update and with my complete strategies and picks for the next five years. Including strategies and picks for the “out” years from 2024 through 2027.
