1. Ivanhoe Energy (IVAN) - I'm heavily invested in this beaten down oil small cap. Their schtick is that they have technology which makes refining heavy (dirty) oil cheap. They have deals in place in Ecuador, Canada, China, and Iraq. Most of the oil in the world cannot be used right now because it is too heavy. If this company has the answer to that problem, hello retirement for Jakey. Warning: don't gamble with $ you can't afford to lose.
2. Qwest Communications (Q) - They've been beaton down over the last 10 years because of their 2001 corporate fraud scandal, but they are paying a ridiculous 8% dividend and are one of the only companies keeping AT&T from an antitrust suit.
3. General Electric (GE) - The financial crisis beat them down, but the stock price took a much worse dive than it deserved. They are one of the most stable companies in the world. They're not going anywhere.
4. Duke Energy (DUK) - Doing a lot to be out front on the alternative energy tip while simultaneously profiting from carbon energy. Pays a steady, spectacular 6% dividend.
5. AT&T (T) - Their financials are very healthy and they pay a high dividend (6.8%).
Grain of salt. Don't ask me why after a 2 month blogging hiatus I decided to post this. No news on the music tip.
2 comments:
Looks like you likey the dividends.
There are only two ways to make money in the stock market: receiving a distribution of the company's profits (dividends), and selling a stock for a higher price than you bought if for, which basically means the total valuation of the company goes up. How the market values a company is very fickle and not always influenced by logic. Dividends are easy to predict and, IMO, are a much better reason to invest in a company long term than trying to anticipate the market's future interpretation of a company's total value.
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