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Lanny's October Dividend Stock Watch List

Published Tue, 01 Oct 2019 06:11:09 -0400 on Seeking Alpha

Hop back on the roller coaster ride baby! Let me tell you, this one is a screamer! What goes up, must go down and what goes down, must go up! That is exactly what the market has been doing. Even though the market does its thing, we know we can't predict or time the market, but what we can do is analyze stocks to find the diamond out there. There is always an undervalued dividend stock to be found and that is exactly what I do, each and every month - try to find the diamond in the rough. Tune in for Lanny's Dividend Stock Watch List - October Edition.
Dividend stock watch list Here is what the market did in the last 30 days, from the screenshot below:

The market was up 5.6% from August 15th through September 15th. How interesting is that? Each 30-month period has been something different the last few months. Last month's watch list article, the 30-day review period had the market declining. Now, the market is right back at it? What changed? A few tweets, of course. (Amazing that with each message, the markets react instantly!)

So interesting. The markets are now back to firing on all cylinders. Philip Morris (NYSE: PM) and Altria (NYSE: MO) are in discussions for a mega-merger and interest rates are… back up as it relates to mortgage loans? Early September, there was a 90% plus probability for a rate cut of another 0.25%. Now… that has been reduced to mid-upper 70% probability. Let's just say, the swings are real. What you can do, though, is… save your... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ABBVIE 70.83   26.0 2.72 4.28 6.28

ABBVIE - ABBV
ABBVIE - ABBV  


Older articles featuring Abbvie (ABBV):
My Dividend Growth Portfolio: Q3 2019 Summary
The Most Undervalued And Overvalued Dividend Aristocrats - October 2019
Dividend Challenger Highlights: Week Of October 6
My Dividend Growth Portfolio Q3 Update: 41 Holdings, 6 Buys, 5 Sells, 3.81% Yield
5%+ Dividend Yield Portfolio: Defensive Positioning Paying Off (Sep 2019 Review)
Q3 2019 Dividend Portfolio Update: New September Dividend Record
S&P 500 Dividend Aristocrats Rake Up October
The 8 Best Dividend Aristocrats To Buy In October
The Best Dividend Stocks To Buy When Interest Rates Are Falling
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