Investing: Analyzing Some Potential Stock Picks
The so-called Trump rally seems to be petering out a bit, since the stock market was mostly mixed during Friday’s trading session.
Here’s the deal.
Like all good things, this rally won’t last, and there’s going to be a point where the honeymoon will be over. And, if Trump did have an effect on the stock market, it was because investors were ecstatic over the promises of the new administration.
As you might recall, the stock market overall was struggling in 2016. And after the November election results, we began with a modest rally, which in turn accelerated at the beginning of 2017.
We might be at a turning point where the rally becomes choppy, but some key stocks will continue to show growth because of the company’s profitability and strength.
More Dividend Stocks, Please…
I’m currently looking to buy another position for the portfolio.
My reasons are simple:
- Purchase another dividend stock.
- Invest in a stock with great potential for long-term growth.
- Purchase a stock with a great dividend yield.
Potential Stock Picks…
I’ve been looking at some conglomerate and ‘Big Pharma’ stocks to round out the portfolio once again.
Procter & Gamble (PG)
Here’s is the current chart for PG for this date.
Technical Analysis is giving this stock a ‘Very Bullish’ rating so far.
Portfolio Grader this this stock a rating of C – Hold.
Annual Yield percentage is 2.94%. With an annual dividend of $2.678 per share.
Johnson & Johnson (JNJ)
Here’s is the current chart for JNJ for this date.
Technical Analysis rates this stock as ‘Bullish’ overall.
Portfolio Grader gives this stock a grade of ‘B’ overall.
Annual Yield percentage is 2.61%, with an annual dividend of $3.20 per share.
Pfizer Inc. (PFE)
Technical Analysis gives this stock a ‘Bullish’ rating overall.
Portfolio Grader gives this stock a grade of ‘C’ – Hold.
Annual percentage yield is 3.74%, with an annual dividend of $1.28 per share.