Alright, Veeky Forums, I've been looking at a few stocks and have come up with some picks. Let's go through them one by one.
1. General Motors ($GM) The good: >people will always drive, they will always need cars >licensing robotic glove developed with NASA to healthcare company, potential for expansion >just got a patent on a new, more efficient type of engine >Chevy Bolt is a fully electric car that they could use as a platform to build upon >decent dividend (5.4% yield) that has gone up from $0.36 per share per quarter to $0.38 per share per quarter (they started at $0.30 per share per quarter) The bad: >oil uncertainty could affect business, if prices go up, people might drive less >decent amount of debt relative to cash >Piper Jaffray values it as overweight My guess? GM could end up 10-18% by the end of the year, but regardless, its dividend makes it a decent hold option.
2. Navios Maritime Acquisition Corporation ($NNA) The good: >cheap as fuck ($1.48 a share as of 11pm EST on July 7), meaning GREAT dividend yield (13.61%) >since 2010, dividends have been a consistent $0.05 per share per quarter, meaning if you put $1000 into this then you get well over $100 per year in dividends >mean and median target both would be >100% increases >low PE, P/B, and PEG ratios The bad: >Wells Fargo downgraded them this year from outperform to under >negative levered free cash flow >their business is crude oil transport via tankers, and if prices fall, then they will lose revenue when companies renegotiate pricing Given oil uncertainty, their price could drop if oil drops. However, if oil goes up, then they will do great. Regardless, that dividend is incredible, and even the lowest target is still higher than it is right now (though not by much). This seems like a great buy to me.
Christian Morales
3. Braskem S.A. ($BAK) The good: >positive levered free cash flow >petrochemical company that produces thermoplastic resin (largest producer in the Americas), so cheap oil is good for them >BoA/Merrill upgraded them this year from neutral to buy >leader in US polypropylene market, which is used to make plastics chairs, lab equipment, Tic-Tac lids, etc., so there will always be a demand for their stuff >lowest target represents a 45% gain The bad: >very inconsistent dividend, swings up and down >dividend paid only once per year, sometimes not at all >debt is around 5.5 times the cash This is a stock that I would buy and hold not for the dividend, but for the price growth. The mean target represents a 51% increase, and the median is a 54% increase. Considering the fact that they produce something with consistent demand, I see this as a strong stock to hold.
David Nguyen
Anyone thinking gun stock are going to jump tomorrow after the shooting in Dallas? Shit is going to be Orlando 2.0
Anthony Thompson
Not a big enough news event.
Lincoln Lewis
I stand corrected, this is an enormous news event. Buy the shit out of SWHC at open.
Brody Johnson
>my $10,000 check to Scottrade hasn't cleared
Hudson Hill
Taking a serious look at NNA
Even though they've literally never had a positive trend in stock price, ha
I wonder if they're primed to leap? They seem undervalued
Adrian Miller
NNA is interesting yeah. What do you think of CHKR as well?
Nolan Green
Visa, Netflix, Amazon, Disney, Nike, Travelers, and Everest Re.
GM is pretty for dividends and covered calls; penny stocks aren't worth it.
Isaiah Sanchez
>going long
It's like you want to lose your gains at the drop of a hat. You gotta watch out for earnings season, man. Everybody flips titties at the slightest bit of bad news. I mean, sure, the stock might return after a loss, but why even be there for the loss?
