Stock Updates

I am very disappointed by the recent stock movement in Barnes & Noble's Stock (BKS). I am hoping it's just profit taking, at the current price it's going for less than the proposed buy out price from Liberty Media. So if you buy now you will make a profit providing the deal goes through, which to me is 90%. As for Wendys (WEN) it's pulled back also from recent highs. Looks super cheap to me again so I am buying more. My McDonalds (MCD) pick is close to a 52 week high so it's a winner. I have been recommending it since $50 a share it's now $84 plus collect your %3 dividend. That's it for today, good luck investing. Tony

General Electric (GE)

This stock is currently on sale big time! I wasn't sure if I would even be able to pick up GE again below $18 a share but this week it closed at $17.97. What a bargain of a stock this is right now, PE of just 14 and a Dividend yield of 3.25%. We may not see this much of a sale for GE for a long time. I am adding to my position this week for sure. This is one of those buy once and hold for ever kinds of Stocks that I love. Just buy it and collect the fat dividend until you are ready to retire a rich person. Good luck investing. Tony

Wendys Stock (WEN)

Wendys was on the move this week. Looks like the street is starting to see the value in them getting rid of a majority stack in Arbys. Once the average small time investor realizes this the stock should really move. Get in now before everyone else does. I am picking up more shares myself this week. Good luck investing. Tony

Wendys Stock

Wow my predictions have been coming through! Today Wendys(WEN) announced the sale of a majority of their Arby’s division. Think they are keeping like 18.5% of that side. This is great news for the stock, today it’s started to rise. This is a great time to jump in now before the stock gets valued where it should be right now, close to $6 a share. They can now focus on the stronger brand Wendy’s. Wends will now be able to expand domestically and globally in the next year. I like the shares more today than I have in the last year. Good luck investing. Tony

Market Correction

The Market has been down over the last 2 weeks. This is a healthy correction, just a great time to pick up shares cheaper than they were a few weeks ago. I am doubling up my position in Wendys(WEN). Nothing has changed with the companies fundamentals yet the shares are 5% cheaper. It's like shirts being on sale at Macys, pick them up now cheaper than you could have bought them last week. Market may go lower in the short term but in the grand scheme of things these corrections are just noise. Remember to invest for the long term. Good luck investing. Tony