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Idea of the week: Bear market coming? Look at the last one
A Thomson Reuters StarMine analysis looked at factors that affected underperforming stocks in the 2008-09 meltdown. It found ten stocks that 1) beat the market then and are doing well now and 2) possess those 2008-2009 market-beating factors today.
I'll stick with Smuckers if they would only get rid of that high fructose corn sap.
If Allscripts' electronic medical record is any indication of the company's competence, don't buy in. (Chart is deservedly terrible.) It rates below median in all the studies I've seen. BDX has been often recommended and Omnicare preys on nursing home residents (although we taxpayers pay the bill for most) from a semi-monopolistic vantage. Once they get the pharmacy services contract, they're good for a year of income at least. OCR $24 in 2008; 45+ now; div.1,3; not much cushion.(End of personal insight) FIS is up about 30% since October and has a PE of 25 with a 2% yield. SJM is at its one year target (Yahoo). Motley Fool likes CVS (PE 18). At least RGC has a 4% dividend (with a 25 PE). ROVI - no earnings and no dividend - is this the "factors" to which the lead refers? ALK $7 in 2008; $60+ now and no dividend, hmmmm. BDX neutral at Zacks, 2% div.; 13 PE. I guess BDX is the pony in this herd to ride into the next apocalypse, but maybe River Park High Yield is where you should be if you see it coming (but they haven't really ridden the market down.)
Comments
FIS is up about 30% since October and has a PE of 25 with a 2% yield. SJM is at its one year target (Yahoo). Motley Fool likes CVS (PE 18). At least RGC has a 4% dividend (with a 25 PE). ROVI - no earnings and no dividend - is this the "factors" to which the lead refers? ALK $7 in 2008; $60+ now and no dividend, hmmmm. BDX neutral at Zacks, 2% div.; 13 PE.
I guess BDX is the pony in this herd to ride into the next apocalypse, but maybe River Park High Yield is where you should be if you see it coming (but they haven't really ridden the market down.)
Really, this list didn't offer much.