To ICK Members:
Since we have discussed purchasing stock that has international exposure I am suggesting that we buy shares of either IBM or HP. HP has 67% of their sales overseas, while IBM has 61% of their sales overseas. HP is currently at $43.75 per share with a 0.70%div and IBM is at $103.40 with a 1.60%div. 1st year target price for HP is $57.91 and $123.43 for IBM. Let me know what you think.
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2 comments:
I've always been a BIG HP fan. The dividends look proportionate. We should buy-buy-buy while the market is down. We're in it for the long run.
As a club, we buy with regular frequncy and some discussion. But we never talk about when to sell!
If we would have put some limit orders on our current holdings we could have protected ourselves from these loses, and could have re-bought the same companies in 30 days. Now we have to wait for the markets to rebound just to break-even.
Can we talk about sell criteria soon?
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