Rocky’s Weekly Stock Picks
Rollys-Royce and Uranium Energy Corporation are doing us a solid this week. Rolls-Royce especially.
We originally had an exit strategy for RYCEY at $10, but it appears that they’ll be paying a dividend before year’s end. That will easily recover our ADRs (and then some!). Our revised exit is set to $250/share.
Go big or go home!
Oh, and 9/27 we’ve got some large dividends dropping. It’s a good Friday.
LTC - $36.62/share, 6.25% yield distributed monthly. Options trade monthly.
If we absolutely had to choose just one REIT, this would be it.HAS - $72.08/share, 3.89% yield distributed quarterly, options trade monthly. Still under $100, still a strong Buy.
TKC - $6.98/share, 4.37% yield distributed annually. Options trade monthly. ADR fees apply.
We don’t remember what this is, something about Turkey something or other. Don’t know, don’t care. All we know is that our share price has appreciated and it’s still under $10.
That’s right, we’re not even checking the ex-div! Put that in your pipe and smoke it.NWPX - $43.46/share, no dividends. Options trade monthly.
This company produces water-related infrastructure. Like water pipes. Sometimes really big pipes, like those used in hydro-electric dams.
This does follow the market somewhat, but overall trends upward. Call it a blue chip, drop a few dollars, and move on.
Unless you think water is going to stop being a thing.FITB - $42.90/share, 3.45% distributed quarterly. Options trade monthly.
Fifth Third Bancorp. We like banks. That’s where all the money is at.(Not really, banks don’t actually keep very much physical reserve. Nearly all your “cash” exists as a number in cyberspace.)
(Kind of, but not really, but basically. Now that the Treasury is doing away with physical paper ledgers.)
(But that’s oversimplified and not exactly correct, either.)
The takeaway here is that bank stocks are good stocks.