Tag Archives: VKQ
Look for riches in niches! After the sharp stock market run-up over
the past six or seven months, the crop of bargains is thinning out.
That’s hardly cause for panic; hand us a modest, normal pullback in
coming weeks, and a bunch of fresh names will suddenly pop up on our
Even now, though, a select group of stocks have already undergone their
own private “correction.” They’re forming bases on the price charts as we
speak. Now is the time to start accumulating these wallflowers, before they
burst out of their shadowy niches into the sunshine.
In this month’s visit, I’ll show you three of these great values. All are
capable, in my judgment, of making you 20%—and perhaps as much as
30%—wealthier by this time next year, while letting you sleep easy along
In this month’s visit, I’ll show you how to make the most of the opportunities, while avoiding the pitfalls. On the stock side of our portfolio, we’re concentrating ever more intently on low-risk names with high dividend yields—the ultimate badge of honor. I’ve got a new pick for you that has tripled its dividend in less than two years. That’s the kind of growth that will let you sing and dance through Wall Street’s periodic anxiety attacks.
It’s hard to fault a stock market that can push the Dow back up to a 3 1/2 year high. Anybody who suffered through the disastrous bear market of 2000-2002 is glad to see the recovery in full swing. In fact, most of us are hoping it carries well into 2005.
Stocks have put on a tub-thumper of a rally over the past six weeks. So much so, in fact, that it’s getting hard to find real values. That’s a strong hint we’re due for a break in the action before the market can try for another leg up in January.
We probably haven’t seen the high in yields just yet. But values are improving in the bond market. Since late October, the yield on the benchmark 10-year Treasury note has bounced from under 4% to 4.34% this morning. That’s a smart 70 basis points above the low reached back in March.