Rocky’s Weekly Stock Picks

This week we’re throwing random darts around!

We heard the phrase “consumer cyclicals” on TV, so that’s all the information we need to make wise investment decisions for the week of 3/31/2024!

1. ARHN - $22.00/share, no dividends, no options. This company (through subsidiaries) owns and operates hotels and casinos in Las Vegas. It additionally owns commercial office space and rental properties in Massachusetts.
   
   Because why wouldn’t they have rental properties in Massachusetts? We like the name Archon, but we also enjoy the fact that the share price has a long history of mediocre stability.
   
   Not a bad place to park money, but far from the best. It’s so-so. Like purgatory for your wealth.
   
   
   

2. BIG - $4.33/share, monthly options. This is Big Lots. Right now the price is, historically, at a low point.
   
   We halfway expect to see this spike around May, but only if we get the recession (or “correction”) that we are anticipating in April. Bloomberg News is apparently expecting the same thing…but to be fair, they’re literally always expecting that.
   
   In any case, this appears to be an ideal time to get in on Big Lots common stock.
   
   Go BIG, or go home.
   
   
   

3. F - $13.28/share, weekly options, $0.15/share dividends each quarter.
   
   Ford Motor Company. There really isn’t much more to add here. Despite some of the adages about Ford vehicles’ reliability, there is no denying that at least a few of their models basically set the standards for automobiles.
   
   Also, they’re sort of pushing back on the EV non-sense. Just a little, just a tiny bit. Which is really more than you could ever hope for. The main issue is that even with government subsidies, there is no way of making it a profitable venture.
   
   Now if the push for hydrogen-powered vehicles ramps up, we won’t be surprised if the new EV plants re-tooled for hydrogen. While the infrastructure is lacking (Unless you live in Ann Arbor), it wouldn’t take much to build up. Just some money. Investment opportunity, anyone?
   
   
   

4. KSS - $29.15/share, 7% annualized yield paid quarterly, weekly options.
   
   Kohl’s Corp is quite the attractive buy right now. From a historical viewpoint, the price is likely to remain stable before starting a steady climb upward.
   
   They took a hit in recent history for trying to ride the tranny bandwagon. Unlike some other companies, they quickly realized that the company is already super gay and doesn’t need to pander to niche groups.
   
   This massive beast of a clothing chain isn’t going anywhere anytime soon.
   
   We just wish the dividends were paid in Kohl’s Cash.
   
   

5. LZB - $37.62/share, monthly options, 2.15% paid quarterly.
   
   Lazy Boy, or La-Z-Boy (depending on which universe you got Mandela’d into), is on an upswing. We would have liked to buy in at a lower price, but now isn’t a bad time either.
   
   We expect to see it trend upward for a while, and then pull back slightly. Historically, it looks solid.
   
   People are always going to need furniture. People like to sit. LZB provides furniture for sitting.