Barnes & Noble (BKS)

I love it when I am right. Knew that Barnes and Noble was a good speculation based on possibly the company would get bought out. Yesterday my instincts and logic were proven. The stock was up over 30% after Liberty Media announced their takeover intentions. Also its up 100% since my post about it. I picked up more share at $9, it's now over $18! Stock still has room to grow being I believe another suitor will up the ante to over $21 a share. Happy investing. Tony

Wendys (WEN)

I have one of those feelings about a stock that I believe is about to break out. Wendys (WEN) has been hanging around the $4.50-5.50 a share range for over a year now. The turnaround at Arbys has started and a buyer will materialize for them soon enough. Than the company will be able to focus on growing the Wendys brand which I think has the best food out of the big three Burgers leaders. Not sure how there Breakfast roll out will work but it should add some revenue to their bottom line. International expansion seems like the right way to go. It’s working for McDonalds and Yum Brands. So buy Wendys short and long term, IMHO. Happy Investing. Tony

McDonalds Stock - MCD

I am liking my pick in McDonalds more and more these days. Have been buying since $45 a share. They have raised their dividend 3 times since than. The Dividend raises alone had beaten inflation over this period. They are doing everything right these days. The number 2 and 3 companies in the Burger space just can't seem to compete with them. Overseas expansion should drive this company's stock higher for years to come. Buy them, put it away, and reap the rewards for years! Happy investing. Tony

Stock Pick Update

Looks like my best pick so far was McDonalds (MCD), way up since I posted about it. Wendys (WEN) has been in a tight up and down trading range. Not too sure about Barnes & Noble (BKS), so far things aren't panning out. Loved them when they paid the huge dividend but now just speculating on a take over possibility. My General Electric (GE) pick was spot on. Started buying at $7.50 a share, my average cost basis is $13.50 and it's currently at $20.45 a share. Also have been collecting the dividend which has been recently raised. Almost forgot MCD has raising their dividend 3 times since I have owned them! Remember solid dividend paying blue chip stocks are the way to go for longterm investing. Happy Investing. Tony

Barnes & Noble Update

Something is going on with B&N(BKS) stock, it's up 20% in the last 2 days. Options action in the stock is way up too. Think that buyout they were talking about a few months ago may go through. I am buying more shares now and think everyone should, IMHO. Happy Investing. Tony

Barnes and Noble(BKS) Update

A month ago I wrote about Barnes and Noble Stock(BKS) no longer being a long term buy in my opinion. Things have changed based on the current stock price. Right now the company’s Stock price is such that there is no chance they will be taken over. Also it’s priced as if there is a 50% chance they will declare bankruptcy within the next 2 years. Both premises are false, IMHO. Actually at this price I think the stock is very attractive to buy once again. Between $9-11 a share I would be and am a heavy buyer. Just picked up my first new shares at $9.10, a bargain IMHO. I agree there is a slight risk that management will sink the ship by over investing in the Nook, but the price is clearly reflecting this risk already. Give the Borders stores a few months to sell their inventory and close down, this will boost Barnes and Noble’s revenue once these stores are gone. People like to buy books and many will continue to do so forever. While I love Ebooks and many people do there will always be people that want a real book to hold. Good luck investing. Tony

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