This list of stocks comes from their new service - CAPS - where investors put in their picks for investment and the community analyzes them. I can see where the picks could be a good starting point for further analysis. For example, the list of blue chip stocks:
* 3M
* Apple
* Bank of America
* Berkshire Hathaway
* Coca-Cola
* Costco
* Disney
* eBay
* FedEx
* Google
* Johnson & Johnson
* McDonald’s
* Nike
* PepsiCo
* Procter & Gamble
* Valero Energy
* Wal-Mart
* Amgen
* Intel
* GlaxoSmithKline
* Microsoft
Some pretty familiar names in here - a lot of them are proven dividend payers and some of them I own. One I am surprised to see is Valero Energy. I may do some investigation on this one to see what it is all about and if the prospects look good.
I like to see services like this out there on the web. It gives me a continuous feed of potential investments that I can analyze.
[…] Original post by The Dividend Guy […]
I own shares of several of those myself. Many of them I hold for the main reason of steady dividends and a long track-record of raising them. Many of them might underperform the market for years at a time, as Coke has, but it’s unlikely any of those companies will implode any time soon.
One of the things I like most about some of these stocks is how my dividend yield based on cost basis goes up each year. JNJ yields 2.3% if you buy it now, but my invested dollars are yielding 3.4%. BAC yields 4.1%, but my cost basis yield is hovering just below 6%, depending on my mothly DRiP purchases. An additional 15 years of compounding reinvested dividends should create some staggeringly grin-inducing yields.
…as long as nukes don’t start going off in Korea or Iran…