Rockydennis Presents

View Original

Rocky’s Weekly Stock Picks

What a week! Let’s first start by establishing how great bear runs are. Until they’re not. But as long as we’re trying to get shares on the cheap they are.

Ford seems to have held steady, even increasing. Remember selling our F shares were $9? Now it’s like $23.

We’re not specifically picking Ford, it’s more of an honorable mention. The dividend is $0.10/share quarterly, but options trade weekly. One might also regard F shares as a safe place to park money.

  1. CWPS - Conwest Partnership Part Units LP (Is what Fidelity says, but in the index it’s Conwest Associates LP). Our research consisted entirely of reading their company profile on Fidelity, which is as follows….


    Company Profile

    MORE Company Profile

    Sector

    Industry

    Company Location

    Westlake Village

    Conwest Associates, LP collects and distributes royalty payments. The company is based in Westlake Village, California.

    Now you may wonder…why is this our top pick? Well, the price is only $24 right now, the ex-div is 1/13, and the payout is $1.24, announced January 3rd. We like that Fidelity shows us a chart going back to 1996.


  2. MVO - MV Oil Trust. $9.38, 13.55% annualized, ex-div on Thursday. Bear in mind that we anticipate both the price and the dividend to fall. Not dramatically, and it’ll recover.

    Alternately, AFIN and GNL are similarly in the high-interest range. Both are REITs, both offer redeemable/cumulative preferred shares. Magnificent!

  3. HAS - Hasbro. $102.78. This is one of a few in a basket of stocks we like to think of as a long-term savings account. There’s some sort of dividend, as well. We see a nice play for a near-guaranteed 5%/week return on $90/$95 call debit. A little less because you’ll want to close your position out before expiration.

    Don’t leave positions open to expire! Close it up! Unexpected things can happen that might be things you don’t particularly want to happen.

  4. BBBY - $13.80, could go either way. Might just be a good time for a strangle. Frankly we’re just throwing out a few options plays that we’re comfortable risking. We’re looking at this as for the volatility, and low odds of significant upward momentum.

    It’s sort of gambling, but let’s be honest - owning shares of Bed. Bath, and Beyond is not the worst thing that could happen. So it’d be hard to call that scenario a loss (but it would be, mathematically).

  5. ARR - $10.07, 11.92% return. It’s $0.10 monthly from one of our favorite REIT’s. Not feeling the REIT? Try PFLT. The price is a couple dollars higher, and the return a few percent lower. Both vehicles share Friday the 14th for going ex-div.

This week ended a bit boring, but we have to be careful. Gambling with options on BBBY is almost too much excitement for one week!