Quote:
Originally Posted by pdiggz
just bought some T. pretty sure i slow ponied it by a week-10 days. story of my life really. but 5.8% div eases some of that pain.
looking at ABT and FRD. Both offer dividends (3.4% and 4.7% respectively). I feel like ABT is close to its high price and not sure its going towards 58-60. Kind of would like to see it pull back towards support like in the 54 range. FRD is starting to gain momentum after 2mos of breakeven. This seems promising.
Thoughts on any of these 3?
Thanks.
I wrote a few prelim thoughts on FRD previously:
"I was just looking at FRD. It looks attractive with a lot of cash and no debt. Also, they have two business segments and one has just turned around because they only have one customer who shut down a factory and reopened sometime in the last 2 years (from what I remember). It looks like it has a value of at least 100m and is currently trading at ~75m. I'm unsure of any catalyst other than an improved economy, but you'll collect a >4.5% yield while waiting. I have done all my homework here yet, but it is something I'm putting on my radar (ahnuld has a pretty good write up on his site about this company)."
It seems like you are a yield investor. I don't really have any insight regarding that kind of strategy.