Rocky’s Weekly Stock Picks

This week we’re not picking Leapfrog, or at least, we weren’t. We’re going to check the date on the image and maybe we will. Leapfrog is a very solid company with an infinite customer base. (If you don’t think new humans exist ad infinitum, just go ahead and try to stop the existing ones from having sex. Let us know how that works out.)

1. ET - $10.24/share, ex-div on Monday for a $0.17 dividend. You may be thinking why this matters, especially since it’s Sunday night. Well, ET is a solid long-term stock for us, and the price is probably never going back to $7. There was a merger or something and a couple lawsuits, all of which have had positive outcomes.
   
   We were already going to buy ET this week, anyway. Knowing that the price will drop tomorrow is just icing on the cake. No…the weekly options are icing on the cake. This is the cherry you didn’t ask for but it’s cool because it’s free and it isn’t spreading its juice all over your cake. Also, low volatility.
   

2. FCX - $38.42 - Freeport-McMoRan. There is a quarterly dividend, but we missed that about a month ago. It may be optionable, we’re not going to check and we don’t hold anywhere near 100 shares….yet. We’ll share next a copy/pasted summary of the company from Nasdaq.com.
   

   Freeport-McMoRan Inc mines more copper than any other publicly traded company in the world.

   Copper is supposedly going to explode. It’d be nice, but what we like is the potential downside. There is none. Humans will never need less copper.
   

   Its assets include the Indonesian Grasberg mining complex, the world's largest copper and gold mine in terms of recoverable reserves.

   
   What’s not to love about that? Also, Indonesian stocks in general are a hard buy for us (particularly those century/centuries old banks).
   
   Freeport also has significant mining operations in the Americas.
   
   Nice!
   

3. ANY - $2.98 a share, and we don’t really know what this company is about. Some kind of low price, above average volatility tech stock of some sort. Frankly, it doesn’t matter. Options trade weekly and options premium are looking juicy. A possibly 14% return at the money.
   
   What we’ll probably do is see about a LEAP and write a call ATM for February 18th. We don’t particularly want to hold these shares, but we’re not totally opposed, either. We can always buy a put for a far-out expiry, just in case.
   

   The Leapfrog Enterprises image is old. They were acquired by VTech in 2016. We didn’t look further.
   

4. ZTR - $9.42, 10.12% annual return, pays monthly. Virtus Total Return Fund. Ex-div on Thursday.
   
   

5. BKRKY - $14.64 a share. Bank Rakyat is one of those old, established, Indonesian banks we mentioned earlier.