We're saw a gradual rise for the DOW as other indices remained
fairly flat, finishing what has been a generally solid week for the
We added a new yield-focused name to our recommended list today,
while also removing three growth names from our list as well. Be
sure to check out
for those stories if you did not read the e-mail alerts we sent out
earlier today. Elsewhere, earnings results are lifting shares of
Digital Realty Trust (
), a recent addition to our recommended list. Nordstrom (
) bounced off of earlier levels and closed higher following the
company's earnings report, as well as news the company was buying a
private sales e-commerce company. Wall Street upgrades pushed
several stocks higher, including Stanley Black & Decker (
), EOG Resources (
), and Raytheon (
). On the downside, fertilizer play CF Industries (
) sold off after reporting better-than-expected results. Weight
) also gave back just a smidgen of yesterday's huge gains.
The speculation in the venture capital space continues to rage
on as we continue to hear about huge rounds of money being raised
at ever-climbing market valuations. Mark Cuban just came out with
some comments that echoed what I have been saying about the "game"
that is going on, where eventually regular investors get burned
with the usual late invitations to participate (post-IPO after the
insiders have already cashed out some of their holdings in a big
way). Mark Cuban likens the money-raising that is going on now to a
pyramid scheme: one group of VCs puts a valuation on the table at
the start, then another comes in and pushes the number higher,
helping get the first VC liquid in part of their original
investment, then the third level of VC money comes in and so on,
all the while feeding the buzz to the mega-blogs that can't get
enough of covering the manias. For my sake, I just want to give our
readers a heads up as they consider getting into the hoopla of what
is being pitched each day.
Super-savvy investors like Warren Buffett stay away from these
areas and instead focus on companies making consistent profits. You
often hear Mr. Buffett tweaking his holdings, as one recent report
highlighted his latest investments (with a decent number of
companies that are actually featured on our own "Recommended"
list). As I have mentioned before, your portfolio is like a garden.
Sometimes your stocks will tend to overgrow and you need to make
some adjustments so you can have a nice mixture each and every
season. Other times, you will get the occasional weed that needs to
be removed. All part of growing a healthy portfolio.
Dividend investing does not require a special talent, education
level, years of experience, luck, or much money either. It requires
a commitment from you as an investor that you will keep putting
money to work each month in the best ideas available (that would be
Best Dividend Stocks List
). That's all investing is everybody! The material you find on our
Dividend.com site (and some great stuff you will read in my
book) will help you get to where you want to be financially.
We are heading into a 3-day weekend with the markets closed
Monday in observance of President's Day. There will not be much in
the way of big-company earnings out next week, but there are still
plenty of key S&P 500 companies still yet to report as we get
through the rest of the quarter.
Be sure to catch up with our latest watchlist updates this
weekend on Dividend.com Premium, including reports on
earnings/story stocks, analyst upgrades/downgrades, dividend ETFs,
and more. And as always, you can view our current recommendations
on our industry-leading
Best Dividend Stocks List
Thanks for reading, and I'll talk to over the weekend! Anyone
out in the San Diego region on Sunday can catch me on "Money
Matters" with George Chamberlin on KOGO-AM at 2pm EST (11am PST).
If there is a recording of the show available, I'll be sure to
share it with everyone.
Be sure to visit our complete recommended list of the
Best Dividend Stocks
, as well as a detailed explanation of
our ratings system here