Also in this playlist...
This transcript is automatically generated
Last month thirty S&P 500 companies announced a dividend increase.
That's good right but some argue that investing in dividend paying equities that is -- a little risky for example -- -- got a lot of attention yesterday.
It cut its dividend.
Is chasing dividends still a right play for investors Don Shriver is doing -- WBI on CEO and co portfolio manager joining me -- a Fox Business exclusive.
You actually got to dividend funds -- wanna get the names of them you know you've got BM.
The -- out there that is something that people look at and say well here's an opportunity to make money so called while you wait what are we waiting for.
We're waiting for stocks to continue to appreciation.
Right now we think that the market is pretty well priced for the fundamentals.
The third quarter last year.
The revenue fundamental started to roll over one of the things we're looking at this is -- from fundamental start to come back both revenue and earnings and start to support these higher stock prices.
Otherwise we're -- the market gets into trouble.
Here's the S&P 500 a lot of them are raising their dividends but then you've got your fund the absolute return dividend growth fund.
That's up 13% year to date.
And I look at this and I see -- I'm sorry year over here.
It's about about 6% -- -- estates Illinois you're either matching or just slightly below the S&P 500.
-- tell what's in this fund that you feel is a real winner for the rest of the year.
Whether some great stocks we have every single stock that we try to buy.
Has to be a great value we want to buy stocks when they're cheap.
One of the things we -- we probably have about 17% in cash for -- cash is a tactical weapon.
And we tend to hold cash if we can't find good value stocks.
Some of the stocks that we like Nam Tai electronics which is a Chinese company.
That's doing a lot of liquid crystal display manufacturing.
The company had a Blockbuster final quarter.
For the year and we think that it's gonna continue to grow very robustly as more and more companies compete in this space right.
It is traded here okay NTE is the ticker symbol it has a beautiful one year chart in fact that as a gain of 143%.
5% of the float a short and I was like to point that out because there are some short circling here but didn't get to something that's a little more stage and that is Microsoft.
Microsoft down 10%.
3.3 percent dividend -- still really attractive -- we really like the dividend 3.3 percent but we think that Microsoft had.
An inflection point in their business when companies like Microsoft.
Which I view is the largest utility company on the planet.
Produced water gas or electric doesn't produce returns on the stock chart -- -- -- -- -- terrible price movement here I think that the didn't surface tablet.
Starts to re injured.
Energize this company and out though or the sales were way up too early really haven't broadly promoted I think -- this it's being accepted we think that this.
-- Microsoft really getting into manufacturing.
For the first time acquiring the -- can tell.
-- this signals that they're gonna really get serious about manufacturing.
Cutting edge computer equipment and and we believe that might reenter Energizer earnings and revenue growth here's a name Huntington Bancshares that you -- ticker symbol HB AM at this one up about 17%.
Over the past year with a 2.2 percent dividend that you feel will still -- yes -- dividends continue to grow this company is -- good earnings good revenue which we like.
It's in a good position to regional bank.
It continues to do well along with the rest of the financial sector which we have -- the like so we're looking again for value here companies that are doing well.
By showing us good dividend and earnings improvement on a continuous basis.
And I want to give.
-- and at a point because right at the point of the London whale at JPMorgan.
You bought it and what what was your price that -- thirty dollars after thirty dollars a share for JPMorgan decent dividend and today -- -- -- JPMorgan.
Is considerably higher.
How did you know how did you not worry about what was happening at that point.
What we believe that the stock was already pricing in all of the bad news -- the upside was being.
You know that tell our eighteen dollars higher today than what it was when you bought it yet and it -- the tell was that it started to show improvement.
In earnings and revenue growth that's what we always are looking for those trends turn positive the stock seems to be out of trouble price momentum follows.
And as soon as we see positive price momentum.
-- and confirmation on the fundamental side -- we're buyer.
And it hits a 52 week kind of day perfect timing for Don -- eight.
Wait we call it out -- these guys do well this is why you need to listen to Don -- thank you for joining us.
Thank you Donald -- XWWBI.
Funds CEO and co portfolio manager said.
Filter by section