A big day for the market!
Welcome to the November 14th edition of Smart Money for the Small Investor here on LowCapital.blogspot.com, with budding market guru Dr. Cam Snow (I'm very full of myself after the run I posted in the last couple of weeks). No video today, but I'll hand out a couple of tips anyway.
Market Recap: Dow up 86pts., Nasdaq up 23pts, and S&P500 up 8.5pts. So, all in all, this was an excellent day on the market, and an excellent day for several of the picks I've recently doled out. I've been restructuring my own portfolio to a 70-30, which is 70% large caps with dividends and 30% as speculative stocks that are movers. There are two companies that I've latched onto that I think should be moving on fundamentals and because they are good companies.
Big Pharma: It's going to rebound big time and I'm a big fan. I personally favor Pfizer, PFE. It has a PE near 12, and a 3.5% dividend... really quite unbelievable considering it beats estimates every time. This company should be at $35/share, not $26... that's why I've been loading up on PFE.
The second one I've been studying up on lately is Conoco Philips (COP). This is my 3rd favorite oil company... My favorite is Apache (APA) because that's who I work for, and they are making me rich. Marathon (MRO) I really like because I see them as a lucrative takeover target (in addition to Devon). MRO posted big numbers, blew out estimates, and is still way undervalued! I smell takeover for them within a couple of years. COP is a little too big to get taken over by anyone but Exxon (XOM) though. COP trades at a PE of less than 6, which is far below that of other companies, and they are solid. They just hired 46 new geoscientists in Houston, which tells me they are growing at a phenomenal rate... NO ONE hires 46 geoscientists! That is barely possible considering we only graduate 700 per year (B.S. + M.S. + PhD combined). I think this stock could jump up to... drumroll please: $80/share. That would be 15 points up, and I think at worst they could be 4 down. That, and they have a 1.5% dividend... truly a good buy!
Market Recap: Dow up 86pts., Nasdaq up 23pts, and S&P500 up 8.5pts. So, all in all, this was an excellent day on the market, and an excellent day for several of the picks I've recently doled out. I've been restructuring my own portfolio to a 70-30, which is 70% large caps with dividends and 30% as speculative stocks that are movers. There are two companies that I've latched onto that I think should be moving on fundamentals and because they are good companies.
Big Pharma: It's going to rebound big time and I'm a big fan. I personally favor Pfizer, PFE. It has a PE near 12, and a 3.5% dividend... really quite unbelievable considering it beats estimates every time. This company should be at $35/share, not $26... that's why I've been loading up on PFE.
The second one I've been studying up on lately is Conoco Philips (COP). This is my 3rd favorite oil company... My favorite is Apache (APA) because that's who I work for, and they are making me rich. Marathon (MRO) I really like because I see them as a lucrative takeover target (in addition to Devon). MRO posted big numbers, blew out estimates, and is still way undervalued! I smell takeover for them within a couple of years. COP is a little too big to get taken over by anyone but Exxon (XOM) though. COP trades at a PE of less than 6, which is far below that of other companies, and they are solid. They just hired 46 new geoscientists in Houston, which tells me they are growing at a phenomenal rate... NO ONE hires 46 geoscientists! That is barely possible considering we only graduate 700 per year (B.S. + M.S. + PhD combined). I think this stock could jump up to... drumroll please: $80/share. That would be 15 points up, and I think at worst they could be 4 down. That, and they have a 1.5% dividend... truly a good buy!
Labels: Big Oil, Big Pharma, COP, investment, money, MRO, PFE, retirement, stocks, trading, XOM
posted by Dr. Cam at 8:39 PM
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