Oh My, I did not realize it had been so long since I have posted a new entry to my blog. But I tend to write when things are happening that you should really be aware of. For the last while the market has been pretty flat without much really going on of any concern or issues expect to hold your positions. But there are some things happening right now that I thought would be good information for you to be aware of and some stocks that we should visit and talk about.
First of all here they come out of the woodwork to profess the sky is going to fall again. So what is my view on this? David Stockman is predicting that Stocks and Bonds are going to crash just like he says they have to do every 8 years. Well, David Stockman is quite the character and a very unsuccessful businessman after being pushed out of the Blackstone Group due to his poor performance. He went on from there to start up Heartland Industrial Partners, L.P which he developed several portfolio funds of which some declared bankruptcy. So if you wish to stand shoulder to shoulder with David Stockman you go ahead and take the risk. I will avoid him like the plague myself. But he did make a good point in the article I recently read. That is about our Feds supporting out stock market for the 78th month in a row at basically zero interest. You guys, this is NOT good. Now I am not saying that we should be back up and seeing home and auto loans again up at the 10% range overnight, but we need to be looking in that direction and so does the Fed. It will not kill us. We will not starve. And yes it might mean you cannot afford as nice of house or the big Mercedes sitting in your driveway, but we will not all have to line up at the soup kitchen either. You will just have to live a little more conservatively and more within your means.
Now lets look at some movers in the market that I am excited about and so should you. First lets look at (GIII). An men's and women's apparel company that started out years ago as a leather coat and jacket company. I use to own this stock years ago. It split and rebounded and I sold for a killing. Here it is going to split again. The CEO was on Bill Cramer months back when this stock was at around $58.00 per share. He said to buy and I ignored. What a fool. But it did not meet the needs of my portfolio so I did pass on buying the stock again for a reason. It split on May 1, 2015 at $111.18. This stock does not pay dividends. But I must say from my own experience it has an excellent history It is trading today at $57.84. This is a good time to get in if this stock fits into your portfolio criteria.
Now lets look at a little know stock that is doing quite well. It too does not pay dividends. But when a stock is up 55% since October 2014 you should be taking notice. This is a small pharmaceutical company that has developed a new drug for the shunts of kidney dialysis patients to keep them open and patent. I personally did some research and reading about this company and drug and said to myself it was time to buy. I am not sorry I did. The company is Proteon Therapeutics INC (PRTO). The current price is still reasonable at $16.72 per share.
Are you ready for a big stock spit? How about CF Industries Holdings Inc (CF). For shareholders of record at the close of the day of June 1, 2015 you can get in on a nice 5:1 split. This is the first time that this company has ever entertained a stock split. CF manufactures fertilizer for farms, fields and crops among other things. However, this one is going to cost you to get in at the price of $320.92. I do wish to point out a $6.00 annual dividend per share.
Apple (AAPL) is still doing good and holding its own with a 66% increase in value since it split in June 2014. I have spoken about Apple many times. You cannot go wrong with one of the bluest of Blue Chip Stocks. I can only tell you to BUY!
Now lets talk about Papa John's International Inc. (PZZA). This stock split in December 2013 and has seen grow since that time of 60% or more. But I have issue with Papa John Schnatter in that I feel he is not taking care of his investors and shareholders by paying a very puny $0.56 per share annual dividend. This is one of the largest franchise restaurant companies in the world. This dividend severely needs reevaluation. If Papa John can support, back, donate, build, and sponsor colleges, building of college stadiums, race car drivers, baseball team (both major and minor league), football teams, etc. etc. And also pay minimum wage to employees and drivers then all these things need a lot of reevaluation for not only the shareholders, but employees as well. So if you intend to get onboard with (PZZA) do be aware your dividends are going to suck although you may see some above average stock growth.
Gus S.
Disclaimer:
Make sure to review any information found on this blog site with your personal financial advisor before making any decisions. I am providing general information and not financial advise. I am not a licensed stockbroker or financial advisor.
