What is your opinion on these six stocks?
GE, ABT, COST, KO, MCD and PG? I know these companies and like them; but, can you tll me what you know about them? Etc?
- 1 decade agoFavorite Answer
All are very good stocks. Most are on an uptrend, but KO (Coca-Cola) may be overbought at the time.
GE (General Electric) is a very good stock and is up almost about 200% since it hit $6.00 or so in March 2009. GE is in the Dow Jones Industrials. Below is a chart of the share price: http://stockcharts.com/h-sc/ui?s=GE&p=D&b=5&g=0&id... GE pays a dividend.
ABT (Abbott Labs) is a solid pharmaceutical and medical device maker that has increased it's dividend every year for the last 40 years. Their stock price has not done much over the last year, but if held, the share price will increase and the dividends, if reinvested in the stock, will be well worth it. http://stockcharts.com/h-sc/ui?s=ABT&p=D&b=5&g=0&i...
COST (Costco Wholesale) is a warehouse club that competes with Sam's Club and may be the best of all of them. COST is up about 50% from last year's march low and just reported a solid month of March for same store sales. COST also pays a dividend and is opening a lot of new stores in the U.S., Canada and Mexico.
KO (Coca-Cola) is a solid company, and has Warren Buffet as it's biggest shareholder and pays a nice 3.3% dividend. However, KO has not performed well, and is only trading about 20% over it's lows from last year. However, Buffett strongly believes in this stock and thinks it will rebound. KO faces fierce competition and this is not a huge growth market. Though KO has about 500 different products, they are still trying to increase market share and this will be tough. However, it is a good stock to own in a down market, like last year. KO is past for the Dow Jones Industrials.
MCD (McDonalds Corp, which is the world's largest fast food restaurant, is on a decided uptrend and pays a nice dividend. MCD is part of the Dow Jones Industrials and has favorable reports by analysts on Wall Street. http://stockcharts.com/h-sc/ui?s=MCD&p=D&b=5&g=0&i...
PG (Proctor and Gamble) is one of the largest consumer goods companies in the world. It is a member of the Dow Jones Industrials and pays a nice dividend. The stock is a bit down compared to some of the others on your list, but is a good defensive play in a down economy, just like last year.
In summary, your stocks are very solid picks (In my opinion). They all pay dividends and none of these are in danger of having any major financial issues or going bankrupt. With the exception of GE, none will probably rise 100%, but COST is a good bet to go considerably higher.
Since all of these stocks pay dividends, you will able to either reinvest the dividends in more shares, or you can pocket the money and put it in a cash account to buy more stocks.
Good luck investing. You have picked some very good stocks that should give you share appreciation and income in the future.Source(s): I have been investing in the financial markets since 1984. Disclosure: I own ABT, GE and have owned KO in the past but do not hold it currently. I am thinking about purchasing COST.
- Anonymous4 years ago
1Source(s): Invest in Forex Tips http://teres.info/TheTradingCode
- Warren534Lv 61 decade ago
You need to differentiate between the companies and the stocks. These are 2 very different things. Stock prices can go up or down significantly in a short period of time, with little change to the underlying company. Having said that, I'll give you my views. These are not specific trading recommendations, just my opinions on where these stocks are going over the next several months.
GE - possibly one more surge to 19.60 or so, then down to the 10.50-11.00 range. Sell into strength.
ABT - long term bearish, target down to 38.00 - sell rallies.
COST - long term bullish, target up to 74.50 - buy on a decline to 50.00.
KO - heading down, possible buy at 46.00.
MCD - still making new highs, no sign of a top yet. Hold.
PG - heading down, possible buy at 53.50.Source(s): 24 years trading stocks, options, and futures.
- Common SenseLv 71 decade ago
I think your picks are very good. But.... you don't know me. You don't know my qualifications or motives. and.... I don't know you.... I don't know your portfolio. I don't know your goals or time horizon.
My liking these stocks means nothing unless I give you a "stop" loss point and a specific way to measure success and a point to get out. Of course I need to know all the stuff in the first paragraph.
So your question will illicit responses that are of no value to you. Sorry.
Learn investing...... you'll be the best one to answer your questions for your portfolio.