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Rocky’s Weekly Stock Picks

This would have been a good week to buy FOX at a discount, even for a short-term gain. After a $2+ drop in price, its pretty much fully recovered as of market close Friday.

One thing many of us overlook, particularly those of us in the amateur investing category, is that common shares are voting shares. Don’t like the way a company is ran? Don’t like their policies? Buy their stock and vote!

Prime example would be Ford. Recently there was a measure put forth to NOT disclose their use of child labor abroad. The Board recommended “For”. And by “For”, the resolution would be "“For NOT disclosing the child labor thing”.

Another thing to consider is that your vote in a corporation carries far more weight than it does in say, a Federal political election. Not enough weight? Buy more shares! Many of these corporations also pay dividends (some more than others). Ford for example pays a quarterly dividend of $0.10/share. So there’s that.

  1. PINS - $22.93/share, weekly options. After sitting around $28 for nearly a month, the price took a sharp dive on Friday. While we don’t expect to see it go much further (though it has happened), we’re okay if it does.

    Basically if Pinterest shares are going for under $25, we consider it a steal. Also, lots of IV on the options. $$


  2. CS - $0.89/share, ex-div 5/9, weekly options. Credit Suisse posted the largest profit in history for a single quarter last month. UBS continues to move forward with it’s acquisition, looking to close sooner than later.

    We’re not saying this is a YOLO, but we see Credit Suisse as a solid investment. And again, if you’re not a fan of it’s deeply entrenched Nazi past (and present), then buy the voting rights.

    As far as the dividend goes, we’re not exactly holding our breath. The dividend amount has yet to be posted. Not unheard of this close to ex-div, but….yeah.


  3. GPP - $13.22/share, ex-div 5/3, monthly options. Annualized at a solid 13%+ return, that’s a number you can hang your hat on. Green Plains Partners LP is, well, an LP. So, there’s going to be a K-1 in your future. This one’s easy, though.

  4. CEQP -$24.69/share, ex-div 5/5, options monthly. Quarterly distributions average over 10% a year. Another solid LP, dealing with oil and gas. One of our all-time favorites.


  5. NOK - $4.19/share, weekly options. Ex-div was last week. This ADR just recently started paying a dividend, and obviously we’ve missed it. What we like is the price, and price stability.

    These ADRs represent shares in Nokia.