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Strategies & Market Trends : Dividend investing for retirement

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To: CusterInvestor who wrote (25172)7/29/2016 3:13:05 PM
From: E_K_S1 Recommendation

Recommended By
CusterInvestor

  Read Replies (2) of 34328
 
Ampco-Pittsburgh Corp. (AP) Sold 50% of my remaining shares in AP
Comtech Telecommunications Corp. (CMTL) - increased position by 50%

Slowly peeling off shares in AP my value/divi play netting a 20% gain on this most recent lot. AP yielding 4% but is a cyclical stock that is impacted by steel prices. AP also has 30% exposure to Europe and that part of their market is slow growth. (new tariffs are helping)

I put the proceeds into CMTL @ $13.28/share which is less impacted by Europe, pays a 8% div and has much better growth prospects than AP. Today's Buy increased my CMTL position by 50%. I am still only at a 60% position w/ my avg cost at $13.27/share.

I have a GTC order in for CMTL at/below $12.50/share and will double current position if it sells down to that price.

I like the sector that CMTL is in and their clients are high tech defense. CMTL just tested a RF Homeland security 911 alert systems that met and/or exceeded the trial specifications. There is no contract issued at this time, but could be a big deal if such a system is deployed across the U.S..


WEA - Geo-Targeting Using Cell Radio Frequency (RF) Propagation Algorithm

Comtech Study Demonstrates Improved Geo-Targeting Accuracy for Wireless Emergency Alerts
“We couldn’t be more pleased with the results of this study, which further underscores the importance of our commitment to advancing WEA and E-911 technologies and services. We’ve created a viable solution that requires no change in standards and specifications, making it easily deployable today.

Good Investing

EKS

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