Published Wed, 05 Jun 2019 20:39:44 -0400 on Seeking Alpha
We are doing our best to patiently retain cash as the stock market has reached a point where it is a coin-flip as to whether prices will go up or down. As we watch this process take place I have begun compiling a list of my favorite stocks that have fallen to the point where they offer a tremendous amount of value. Currently, there are two stocks that I find very attractive as they recently dropped close to their 52-week low.
Parker-Hannifin (PH) - Currently held in the Taxable account (but considering adding as a holding in John's Retirement Accounts). Valero Energy (VLO) - Increased the position to 150 shares in John's Traditional IRA. Data by YCharts
What interests me about these two companies, in particular, is that both of approached their 52-week low which was achieved in December 2018. The earnings reports for both of these companies have come with a strong track record over the last four quarters.
Source: SeekingAlpha - PH Earnings
Source: SeekingAlpha - VLO Earnings
First, we must acknowledge that the continued success of these companies to beat expected quarterly earnings is largely dependent on the continued economic growth.
Secondly, I believe that both companies' current dividend payout is secure, but investors need to consider that the dividend history of both companies is vastly different.
Data by YCharts
The chart above doesn't reflect the yield with the most recent dividend increase for both stocks. The current yield for both... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|NEW RESIDENTIAL INVESTMENT||14.98||18.0||0.83||2.00||13.28|
|KITE REALTY GROUP TRUST||15.92||0.0||-0.27||1.27||8.07|
|MAIN STREET CAPITAL||43.18||16.8||2.57||2.46||5.69|
|BRIXMOR PROPERTY GROUP||19.68||16.5||1.19||1.12||5.68|
|WP CAREY & CO||88.72||31.4||2.83||4.14||4.73|
|HEALTHCARE TRUST OF AMERICA||28.29||27.5||1.03||1.26||4.45|
|VALLEY NATIONAL BANCORP||11.17||11.5||0.97||0.44||4.01|
|WALGREENS BOOTS ALLIANCE||55.56||10.9||5.10||1.83||3.22|
|T. ROWE PRICE GROUP||118.12||14.9||7.95||3.04||2.58|
|OWENS & MINOR||7.10||0.0||-4.79||0.01||0.12|
Older articles featuring New Residential Investment (NRZ):The Retirees' Dividend Portfolio - John And Jane's December Taxable Account Update: The Year-End Edition
AGNC Investment's Q4 2019 Income Statement And Earnings Projection - Part 2 (Includes Dividend Sustainability Metric)
5%+ Dividend Yield Portfolio: Is Strong Good Enough? (Dec 2019 Review)
Annaly Capital's Dividend, BV, And Valuation Vs. 20 mREIT Peers - Part 2 (Includes Q1 2020 Dividend Projection)
10% Yield: Why I 'Sleep Well At Night' With A 100% High-Yield Portfolio - Part 2
The Retirees' Dividend Portfolio - John And Jane's October Taxable Account Update: Budgeting In Retirement.
10% Yield; Why I 'Sleep Well At Night' With A 100% High Yield Portfolio
5%+ Dividend Yield Portfolio: Winning With A Defensive Tilt (October 2019 Review)
Detailed Assessment Of AGNC Investment's Results For Q3 2019 (Includes November 2019-January 2020 Dividend Projection)
The Retirees' Dividend Portfolio - John And Jane's September Taxable Account Update: Adding McDonald's