Wendys(WEN) Update

So far so good on my Wendys(WEN) pick. The street is hoping they will sell off their Arby’s chain to focus on growth with their namesake Wendy’s brand. Even if they don’t sell off Arby’s I think they can turn around. They have been introducing new items to the menu and will re-launch a shot at Breakfast. The Wendy’s brand stands for quality and I believe it will transfer over to breakfast just as well. To sum things up I am a strong believer in this company and will add to my position in the stock so I am rating it a strong buy. Happy investing. Tony

Barnes & Noble Stock Status Change

I guess all your picks can’t turn out golden. Barnes & Noble(BKS) released a bad earnings report this week. Worse yet they choose to suspend their huge 6.5% dividend. Time will tell if this company is a good long term investment. I have changed my opinion on it to a hold, instead of a buy. I really liked the Dividend that management stated they are suspending to invest more money in Ebooks. This may be the right move for the company long term but short term it’s bad for us shareholders being we won’t get a yield from this investment. I will hold on for the company’s turnaround but not invest any new money in it. Happy Investing. Tony

B&N Stock Update

I am growing even more bullish on Barnes & Noble(BKS) by the day. Now that Borders Group has filed for Chapter 11 a lot of B&Ns competition will disappear overnight. I know the market for printed books has/is shrinking but there will always be a need for them somewhat. B&Ns Color Nook is an overnight success for them. I got a 3G e-ink Nook for Christmas and just love it! I have purchased double the books I usually do and will continue this trend for a long time. Have spoken to many Nook owners and they all love it. This will provide a continuous stream of revenue for them for years to come. Don’t forget about the 6% dividend! Got to love a nice fat dividend like B&N pays. Happy Investing. Tony

Wendys (WEN)

My reasons for owning Wendys are even better today than a few months ago when I posted to buy it. Once they get rid of their earning drag (Arbys) they can focus on growing the brand overseas and in the US. Breakfast sales alone will push this companies earnings up starting later this year. Strong buy on this one you won't be sorry! Happy Investing. Tony

Wendys Update (WEN)

It looks like one of my picks is finally starting to realize its value. I’m referring to Wendys(WEN), which today announced they are looking to sell off their losing Arby’s chain. This move makes total sense to me, get rid of this losing side of the business and focus on growing the Wendys brand. The stock is up close to 10% today but I think it has a lot more to go. I could easily see $6 a share within the next year to year and a half. You can collect a nice dividend while you wait. Also they are supposed to resume their share buyback program too. Happy Investing. Tony

New Pick for 2011

New company I am big on is Barnes & Noble(BKS). They just had one of there best 4 quarter increase in a long time. 4th quarter sales up 9.2% and Online sales up a sick 67%! The Online sales were due to sales of their E-readers the Nook line. Love this story being the Nook will drive sales to them for years to come. My wife got one for me for Christmas and I love it. I will probably buy double the books I usually due all year long. Am sure I am not the only one that will do this. The books are cheaper than Hardcovers and a little more than paperbacks. Great thing for the company is no printing/shipping costs at all. So they are making more per book and able to sell them for less! It will be the way of the future and their sales growth driver. Great thing is when you bring your Nook to the store they target other things for you to buy through specials over their free Wi-Fi connection. Printed books won't disappear but they will make up less and less of their sales. They also increased their floor space of games and puzzles. Both high margin items for them. All this plus a 6.5% dividend to collect! Another thing is the company may get bought out for a premium! Happy Investing. Tony

Happy New Year

It's been a very good year to be an investor. My individual Stocks have all done quite well. Also collected a whole year of Dividends, in which many of my picks have raised them this year.(Ex. Mcdonalds, Wendys, and General Electric.) I will stay the course this year for sure. Solid Dividend paying companies is the way to go for the long haul. Have a happy profitable year everyone. Tony