Thursday, March 10, 2022

Investing -- Idle Rambling -- March 10, 2022

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

From MarketWatch, twelve dividend stocks paying at least 3.5% that are well-suited for high inflation. These companies are expected to produce rapid growth for sales and earnings, and have high dividend yields well-covered by cash flow.

The twelve.

Oil and gas:

  • Equitrans Midstream (ETRN)
  • Devon Energy (DVN)
  • Pioneer Natural Resources (PXD)
  • Phillips 66
  • XOM

Real estate:

  • EPR Properties
  • Realty Income Corp (O)

Home Building:

  • MDC Holdings (MDC)

Other:

  • Merck & Co
  • VF Corp
  • Huntington Bancshares
  • Cracker Barrel Old Country

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Free Cash Flow

This was perhaps the most interesting item I read all day.

Wall Street's 2022 free cash flow estimate for AAPL is the same as combining the free cash flow for the following:

  • XOM
  • CVX
  • COP
  • PXD
  • FANG
  • DVN
  • MRO
  • OVV
  • OXY
  • HES
  • APA

AAPL's net cash is $80 billion vs the other eleven companies with new debt of 177 billion.

What wasn't said:

  • the list of eleven oil companies are trading at/near their 52-week highs due to a most peculiar set of events that most feel is not sustainable;
  • AAPL is well off its 52-week high, as folks rotate out of tech and into energy, particularly oil. 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here

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