New Stock Pick

Got a new pick for my readers today.  Cheesecake Factory (CAKE),  they have less than 200 locations in the U.S. so a lot of room for growth.  Thing I like is the stock took a big hit this week on worse than expected earnings. Solid quality company on sale, perfect time to establish a new position in it.  Dividend is low at around 1.5% but should grow in the next few years.  Good luck investing.  Tony

Disclosure

I want to do a full disclosure post today.   “I put my money where my mouth is.”  Many of the stocks I have written about I personally own shares in.  For example I have long positions in McDonalds (MCD), Wendys (WEN), Starbucks (SBUX), and Intel (INTC).  Obviously I believe in these companies and have invested accordingly.  Good luck investing.  Tony

Intel

Intel (INTC) had a bad week for sure.  The market went to new highs this week and yet it was down.  Bad news about PC shipments was the main reason for the correction in the share price.  Thing is this was old news, everyone knew PC sales would be down.  Let's look forward to the future.  Intel will be huge in selling their chips to be used in Smart phones and Tablets.  Once they make these inroads the shares will soar!  Sit back and collect the current 3.8% dividend until this happens.  Good luck investing.  Tony

Intel (INTC)

I've got one investment only for today.  Intel!  Buy it now, long term you will be handsomely rewarded.  Good luck investing.  Tony

What Did I tell You?

Hate saying I told you so but this week is proof.  Last week end I thought the long waited correction was almost over.  Market fell on Monday and then was up over 100 points every day.  I am not a short term trader, in for the long haul.  It just felt right to get in on some good stocks that were on sale last week end.  Remember to but those great dividend payers on the next dip.  Good luck investing.  Tony

Correction Over?

I believe the long needed correction is almost over in the Stock Market.  There are many stocks on sale to me had for cheap prices  now.  Pick up that dividend payer you have been waiting for, I am.  Ever correction is a buying opportunity for the long term patient investor.  Just a little investing philosophy for a Saturday. Good luck investing.  Tony

Correction

Wow that long needed Stock Market correction is finally here.  It makes sense being rates on the 10yr US bond have backed up to over 2.4%.  Once the market finds a constant point for the 10yr yield I think the correction will be over.  Actually tomorrow we may see a nice pop being short term the market looks over sold.  Intel (INTC) is on sale now.  Also Wendys (WEN) is getting attractive once again.  A few more percent down on Wendys and I'm jumping back in.  Good luck investing. Tony