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WBI Investments CEO Don Schreiber on why the improving economy will benefit Caterpillar and its shareholders.
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Driver says it is the golden age of David I know you thought you missed it -- dollar's been going on for a year -- dividend paying stocks -- he says it's back.
You've got time he's got three names he says will keep dishing out dividends for you Don let's get to it right now the number walk -- today happens to -- What -- the worst performers on the Dow it's not the worst today that is Caterpillar.
Everybody thinks that you know global growth is -- -- slow Caterpillar is gonna stall I think that there announcement 12015 earnings.
Is just managing expectations.
Thank you think that you know if this trend continues which I don't think it's going to actually think we're gonna get a shift.
In more positive economic momentum around the world.
You know in this coming months so we're gonna see a positive move -- see that this stock is gonna move.
Take the time you want to buy Caterpillar is not back in March.
If you can see that point right there not back in March.
Would be more like today Caterpillar is not going away folks okay and he -- still get some money you get paid to wait in a way with the dividend.
And the dividend is about 2.3 4% Chris OK let me get your second one.
Safely.
-- -- Tape which are really well run food store its out -- principally out west and midwest it's crates tour.
I have place in Arizona we shop there but at any rate it's -- that high dividend yield.
Almost four point 5%.
We've got.
Good earnings really strong earnings and rising revenue in a space where you don't find that too often the stock's not expensive it's relatively cheap.
-- and again chart is very similar to what you saw with Caterpillar right and -- And I don't like when people come on here and a stock looks like this and they say by there funds are different but.
He did not want to -- the.
The -- people OK and your third don't buy stocks at 52 week cut itself not a value you would not do that you know it's difficult to buy a stock cheap when it's at a 52 week.
Except -- at almost impossible your third pick.
Are just got our third pick -- Cisco infrastructure corporate America worldwide.
You know they are the backbone of technology being developed all around the world do you care.
Who was running it at this point whether it's John Chambers -- one of his minions because there's so much discussion about when he's leaving if he's sleeping he's been there forever to really care.
We do care about the executive office and that company being well run -- this company has fantastic products.
And it is really strong worldwide in its footprint it's not -- -- go.
Anywhere if we get a resurgence in corporate spending on infrastructure.
On the techno beside the stock -- -- ago.
Let me throw this -- -- though and it's not necessarily dividend story but it is a competitor story.
While way.
I want our viewers remember this name wild way it's HUAWEI.
Its Chinese company some would say they kind of lifted a few intellectual pieces of property from Cisco.
And that there outs is going Cisco globally not necessarily here in the US -- -- -- -- government contracts but does that concern you.
-- any competition for a large company that dominates -- space concerns us has one of the reasons why you've got to look at the stocks that you own all the time vs.
You know what else you could hold there is no buy and forget you've got to.
Review your stocks do your homework and make sure your invested appropriately.
There is nobody -- forget had to say -- is Brian -- some final gotta watch -- good to see John.
Thank you Don Shriver WBI investments CEO and portfolio manager -- fund up about 25%.
Year for years closing bell.
