Hi Paul,
Here's someone a little more positive on RPM than I am.
"Believe it or not, a number of top-performing stock-picking strategies are based on these simple truths.
Consider the stock-picking technique of Geraldine Weiss' Investment Quality Trends, which is in first place for risk-adjusted performance over the past 15 years. Among the blue-chip companies on which she focuses, she will recommend one for purchase only if its dividend yield rises to near the high end of the historical range of yields for that stock.
She profits when that yield declines as the stock's price rises.
Similarly, Weiss recommends selling a company if its yield drops to the low end of that historical range.
For example, Weiss currently rates RPM Inc. (RPM: news, chart, profile) a "buy" because its current 4.8 percent yield is near the high end of the historical range of the stock's yield, which extends from 2.7 percent on the low end to 5.0 percent at the high end."
marketwatch.com
I'd still like to see it in the $8's again, before I add to my holdings. Who knows if it will ever get there.
Best wishes,
I2 |
