Stock Market Discussion..........

[KVB]

Went in around noon and loaded up on more XLE, LYB and a little FANG.

Energy stocks about the only thing I feel safe holding these days - dividend and potential to appreciate.

Also holding some PM, MO and BTI - tobacco is like owning utilities - not sexy, but never goes down too far.

Excellent.

MO with a juicy 7.25% dividend.

BTI with 7.56%

 

[djefferis]

Why the LYB purchase? Just curious.

Companion play to my energy investments - all those detergents and ethanol are reliant on the stuff they make. Plus a 7%+ dividend.

Excellent.

MO with a juicy 7.25% dividend.

BTI with 7.56%

And remember the B in BTI stands for British - they aren’t solely dependent on the dwindling US tobacco market like MO.

Smoking still very much an accepted thing overseas - BTI took out Reynolds a while back - so a lot of legacy brands.

Japan Tobacco another nice yielding stock at over 5%.

I wouldn’t go putting everything into those names - but 5-10% of your portfolio and at times like this when safe harbors from the storm - they do very well. Look at the run PM has been on of late - BTI dipped on outlook a few weeks ago and I bought back in at the 36 mark.

Otherwise - I’m content keeping a healthy chunk of saving in my 4.25% savings account - just selectively buying dividend yields on dips. Energy getting crushed along with all the tech and no reason for it. Trump wants energy independence- these operators will do whatever is most profitable. Big operators might suffer a little - but names like EOG/FANG and CVX have a ton of US operations and yield nicely.

 

[djefferis]

Tossing PII and FMC on my watchlist

Both dividend plays - but very different sectors

PII is outdoors recreational stuff - UTVs, motorcycles and boats. Obviously consumer sensitive - but the stock is beat to hell right now - at 40 seems to be a screaming buy.

FMC is fertilizer / ag science - recent big drop on earnings miss. Farmers facing multiple headwinds - but need to boost production per acre is a real need - lands pricey and need to do more with what they have. Up today so probably wait to initiate a stake - $36 seems to be a good entry point.

 

[KVB]

YYY is another decent dividend.