Now, I know that lots of my readers are already yelling at their computer screens — “Buy and hold is dead!” goes the cry, and that has certainly been increasingly the sentiment of the market over the last few years … especially since, in so many stocks, “buy and hold” has meant “buy and watch them go down over time.”
Any inflexible strategy is bound to have problems and down years … heck, even the flexible ones have down years … but still, there’s a certain part of me that loves “buy and hold.” Missing the worst days and the worst crashes in the market is great if your stop losses get you out before the bottom hits, but not missing the best days has historically been more important, if only because those who sell as their stocks go down are generally terrible at buying back in before the stock or market has fully rebounded or recovered (no not you — I mean everyone else).
In a world where I have no confidence in the overall direction of the market, I can at least have some confidence in big businesses with stable earnings, growing revenues, and growing dividends. Maybe we can’t hold them forever, but most of my best picks over the long haul have been stocks that I’ve held through up and down markets (and watched the dividends compound dramatically, in some cases) … and my biggest mistakes have mostly been selling stocks that, after I sold them, beat the market handily. That said, I also have held on to my share of stinkers for far too long, so maybe this is just a psychological flaw for your friendly neighborhood Gumshoe.
Best Investments For 2014: (COTE)
Coates International, Ltd. engages in the development of Coates spherical rotary valve (CSRV) system technology for use in piston-driven internal combustion engines. The CSRV system technology is designed to replace the intake and exhaust conventional poppet valves used in various piston-driven stationary, automotive, truck, motorcycle, marine, and electric power generator engines. The CSRV system technology is used in various applications, including engines for electric generators for home use, industrial complexes, and grid installations; and engines to power motorcycles, automobiles, light trucks, heavy trucks, machinery, railroads, marine engines, military equipment, light aircraft, helicopters, lawn mowers, snowmobiles, and jet skis. The company holds the licensing rights for the CSRV system technology in North America, Central America, and South America. Coates International, Ltd. was founded in 1988 and is based in Wall Township, New Jersey.
- [By Dug]Coates International Ltd. (OTC: COTE)is up 4.65% to $0.225 on volume of over 206K shares. It has a 52-week range of $0.10 – $0.40. (OTC:COTE), (COTE)
Best Investments For 2014: Philippine Metals Inc(PHI.V)
Philippine Metals Inc., an exploration stage company, engages in the exploration and development of mineral properties in the Philippines. The company primarily explores for copper and gold. It holds interests in the Taurus-Suhi Massive sulphide project located in the Province of Leyte; the Malitao project located in Kalinga-Apayao Province, northern Luzon; and the Dilong project in Barrio Dilong, municipality of Tubo, Abra Province. The company is headquartered in Calgary, Canada.
Best Investments For 2014: Nuveen New York Select Quality Municipal Fund Inc.(NVN)
Nuveen New York Select Quality Municipal Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management. It invests in the fixed income markets of New York. The fund invests in tax exempt municipal bonds. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor?s New York Municipal Bond Index and Standard & Poor?s Insured National Municipal Bond Index. Nuveen New York Select Quality Municipal Fund, Inc. was formed on April 3, 1991 and is domiciled in the United States.
Best Investments For 2014: Cembre(CMB.MI)
Cembre S.p.A. and its subsidiaries engage in the manufacture and sale of electric compression connectors and related installation tools in Europe. Its products include electrical connectors for copper and aluminum cables; crimping and cutting tools, including mechanical, hydraulic, cordless hydraulic, hydraulic heads, die selector, and bench press tools; hydraulic pumps, hydraulic units, wire strippers, and accessories; cable accessories, such as terminal blocks, plastic and metal cable glands and accessories, and cable ties and clips; and identification and labeling products and software for railway applications. The company was founded in 1969 and is headquartered in Brescia, Italy. Cembre S.p.A. is a subsidiary of Lysne S.p.A.
Best Investments For 2014: Good Times Restaurants Inc.(GTIM)
Good Times Restaurants, Inc., through its subsidiary, Good Times Drive Thru Inc., engages in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. The company operates restaurants under the Good Times Burgers & Frozen Custard name primarily in Colorado. It also has franchised restaurants in North Dakota and Wyoming. As of September 30, 2011, the company operated 25 company-owned and joint venture restaurants located in Colorado; and franchises, including 16 located in Colorado, 2 in Wyoming, and 2 in North Dakota. Good Times Restaurants, Inc. was founded in 1987 and is based in Golden, Colorado.
Best Investments For 2014: World Precision Machinery Ltd (B49.SI)
World Precision Machinery Limited, an investment holding company, engages in the manufacture, supply, and distribution of stamping and complementary machines, and metal parts in the PeopleÂ’s Republic of China. The companyÂ’s products include conventional and CNC stamping machines; high performance and high tonnage stamping machines, which are used to produce automotive parts, such as car hoods and doors; and bending, cutting, and CNC punching machines, as well as complementary machines. It serves the automotive, home appliances, railway, and aerospace industries. The company also exports its products to southeast Asia, Europe, South America, and South Africa. World Precision Machinery Limited markets its conventional, high performance, and high tonnage stamping machines under the WORLD brand. The company was formerly known as Bright World Precision Machinery Limited and changed its name to World Precision Machinery Limited in April 2011. The company is based in Danyang Ci ty, China. World Precision Machinery Limited operates as a subsidiary of World Sharehold Limited.
Best Investments For 2014: Altria Group(MO)
Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes under the Marlboro, Virginia Slims, Parliament, Benson & Hedges, Basic, and L&M brands; smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky brands, and Marlboro snus brands; and machine-made large cigars and pipe tobacco. The company also produces and sells blended table wines under the Chateau Ste Michelle and Columbia Crest names; and distributes Antinori and Villa Maria Estate wines and Champagne Nicolas Feuillatte in the United States. In addition, it maintains a portfolio of leveraged and direct finance leases in rail and surface transport, aircraft, electric power, real estate, and manufacturing. The company sells its tobacco products to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. Altria Group, Inc. markets its wine products to restaurants, wholesale clubs, supermarkets, wine shops, and mass merchandisers. The company was founded in 1919 and is headquartered in Richmond, Virginia.
- [By Paul Goodwin]Altria Group (MO) engages in the manufacture and sale of cigarettes, wine, and other tobacco products in the United States and internationally. This dividend champion has raised distributions for 43 years in a row. The company has a forward dividend payout ratio of 76%. Yield: 6.10%.
- [By JON C. OGG]Altria Group, Inc. (NYSE: MO) recently closed at $25.89 and analysts have a consensus price target objective of $27.86. It carries a 5.9% dividend yield and the stock is down 7.9% from its 52-week high. The price to book value is almost shockingly high at 11 but its return on equity is over 70%. S&P may only have a “BBB” local long-term credit rating here, but the domestic tobacco leader has been a significant winner and it carries no currency risks to speak of. Each generation that has tried to bet against the viability of the tobacco sector has failed to win. B esides, both Boehner and Obama can’t really attack tobacco companies too harshly as they are both smokers.