There is nothing like having a discussion about stocks and having one that the two of us hang up our phone, fire up our laptops, and begin intensely researching. Today, we both discussed a consumer staple stock with a brand portfolio that is matched by few. In our quest for finding undervalued dividend growth stocks, we wanted to take a deeper look at Newell Brands, Inc. (NWL) today and run the company through the Dividend Diplomats’ stock screener.
With the first month of 2017 coming to a close, I thought it would be a good idea to put a dividend stock watch list together to focus in on a few companies that have caught my eye recently. What’s crazy is that each day brings an exciting new day to the market and it seems like we have snapped out of our two month streak of constant appreciation and are finally starting to see some great companies trading at a discount. After my last purchase and Lanny’s recent portfolio review, I am as motivated as every to keep pushing capital into the marketplace and increase my passive income as much as possible. Now lets take a look at my January Dividend Stock Watch List!
If you want to talk about how fast time flies, here is a perfect example. I was prepared to re-visit a dividend stock analysis that I thought I performed over Realty Income (“O”) a couple of quarters ago. When I looked at the date on the original analysis…it was November 2015. I cannot believe 12 months have flown by that quickly…where has time gone? Even though I have reviewed the company in the past, I thought it would be a good idea to update the stock analysis I performed considering the recent pullback in price, the fact that they were one of the four stocks on my October Watch List, and the company’s recent earnings release. A lot can change over 12 months, I think we can all attest to that in some capacity. So let’s re-run Realty Income through our stock screener.
We are rounding third and heading home here. Considering the Cleveland Indians clinched the AL Central Division title this week, I figured a baseball reference to start the article off was pretty appropriate. Let’s see if they can capture some of the same postseason magic the Cavs had during their run in May/June. At the end of each quarter, Lanny and I review our annual goals to monitor our progress towards hitting these marks. If we are on pace…great. If we are off track, well there is still time to make some adjustments despite the fact there are only three months remaining. Time to dig and perform my third quarter goals review.
A few weeks ago, I ran a stock screener and published my August dividend stock watch list. That screener had a new entrant that seemed to check most of our boxes for investing, Cardinal Health (CAH). Headquartered in the buckeye state, I instantly had flashbacks to college recruiting events since they sponsored A LOT of events at college. The stock price continues to fall, so I wanted to perform a detailed analysis on Cardinal Health before committing to buy this healthcare company. Here it is, my dividend stock analysis over Cardinal Health!
The first quarter behind us. Boy did the stock market take us on a quite a ride for the first quarter. Plenty of stocks to consider/grab in the first part of the quarter and….well…the stock market has not stopped climbing for months. Regardless of how Mr. Market performed, I wanted to take this opportunity to reflect on the first three months and see how I am progressing towards the 2016 goals that I set back in December. It is still early on, so I can easily tweak where necessary! Now, lets dive into my Q1 2016 goals review.
The last month has been a roller coaster ride in the stock market. I love waking up in the morning and reading about the pre-markets and the developments that occurred overseas while I was asleep. Every time I read and hope for a downturn so I can benefit as much as possible as a dividend investor, whether it is from initiating a new position, lowering my cost basis in a stock I already own, or receiving a few extra fractional shares from a DRIP.
A few weeks ago I woke up and there was a sudden decrease in the market. Sadly, I froze….I didn’t know how to allocate my idle cash and it turns out I missed a golden opportunity. I learned a very important lesson from this experience. Going forward I am going to maintain a list of five stocks that I will always buy. That way, I will be able to react instantaneously the next time the market decides to suddenly drop. After weeks of consideration, I have compiled the first installment of this list. Did any of the stocks you currently own make the cut? Let’s find out.