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Thread: Buying oppoorrtunity among major us blue chips here?

  1. #1
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    Buying oppoorrtunity among major us blue chips here?

    Anybody thinking its about time to get into some of the quailty us bluechips?
    What are you looking @ right now in the us?im looking at both chevron and caterpillar,they have been getting so beaten down lately,yet to the untriained eye i cant see why,im guessing alot of profit taking?(i own both)

    Im looking at a few on my watchlist:at&t,costco,boeing,microsoft,stanley black&decker,revelon,bank of america....a few more riskier ones imo....chicago bridge&iron,free port mcmaron,weyhausser,time warner,potash on the us side

    Who are you tracking?even just intrest sake wise?


  2. #2
    Senior Member humble_pie's Avatar
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    no.

    although if i were thinking about buying i'd like your risk list better than your base list.

  3. #3
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    I am not buying anything right now, waiting to see where this will take us.

    One company which cought my eyes lately from US blue chips is Deere, a way of playing agriculture with trailing p/e of 14 and forward at 11, increased dividends every year in the last 7 years and with very low payout ratio there are reason to believe they will continue to increase them, dividend yield right now in not very exciting at around 2% but with potential, currently 30% of the revenues coming from outside of north america with a goal of increasing it to 50% within next 5 years.

    IMO stock worth considering, not buying yet but if it continues to go down in the next few months I will probably add it to my holdings.

  4. #4
    Senior Member Financial Cents's Avatar
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    I'd love to see CVX:US go under $90.

    I think ABT:US is still priced right, pretty good yield, they have TONS of cash and likely another dividend increase on the way. Just for the record, only 350 consecutive dividends paid. I guess that's OK

    http://tmx.quotemedia.com/article.ph..._symbol=ABT:US
    Last edited by Financial Cents; 2011-06-10 at 10:02 PM.
    My Own Advisor Saving and investing my way to financial freedom.

  5. #5
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    I try to get to the real story going on,and its bloody hard,i understand the stocks are "people".Take caterpillar for example,there profits and growth are coming from the emerging markets,they havent slowed down,there ceo in many sagements and videos ive watch is very positive,ive read they are struggling to get tires to equip there pace on machines they have out in the market and cant fill the demand,they even raised there dividend to show investors how positive they are,yet the sell off continues.

    I know alot is profit taking and the big run up they have had,and the trend broke,but they are starting to lose support at covered calls in the last few weeks,i like cat for alot of reason for a long-term play,just been bumpy as of late and it mirrors the market closely.

  6. #6
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    i am considering averaging down my position in GE...


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