Barnes and Noble Update

Barnes and Noble (BKS) stock has held up nicely during the market correction we have seen over the last week.  I look for Christmas sales to really pump up this stock.  Could we see $20 a share by April?  I think it's quite possible.  Good luck investing. Tony

Today's Market Correction

I'm glad the market went down today.  Things were getting overheated.  A few more down days and I will start aggressively buying some of the quality Dividend paying stocks I have been tracking.  Two perfect examples would be McDonalds (MCD) and Coke (KO).  Both raise their Dividends year after year, way more than inflation I may add.  Even if the stocks go no where for 10 years you still make positive gains after inflation.  This is what investing is about.  It's not gambling or speculating, when you do it right.  Good luck investing.  Tony

Barnes and Noble

I love being right about stocks on this BLOG.  Of course I'm not always right but time has a way of healing bad picks sometimes.  So far my timing has been great on Barnes & Noble (BKS).   I told you all the Nook business alone was worth far more than the market cap of the whole company.  The stock is starting to finally factor this in.  It's not too late to get in on this one.  $20 a share in the short term is very possible.  God luck investing.  Tony

Wendys Update (WEN)

I really have egg on my face over Wendy’s (WEN).  Think I just bought in too early in their turnaround cycle.  I still think the company will turn around and the stock will trade in the $7 a share range, within a year.  I am sticking to this one for the long haul.  Will collect my now 2% dividend while I wait for them to “Right the ship”.  Still think their food is hands down better than the competition’s.  Thanks for reading and Good luck investing.  Tony