Hi Investor2: I take it that these are stocks you already own- and maybe for many years, if not decades.
IMO,
Kellogg is a buy somewhere around current level. For starting a position, maybe a small amount could be committed now. Rising div. (3%), good ROE, new key manager... but competition is hurting them.
RPM: A stock from the '70's. Great investment. Always seems to be around $15... but lordy, with split after split after split. Wish I had bought some in those days. And the same was said then as now: Who're RPM and yeah, they've got a good record, but what are they going to do for us in the next few years? So I asked that question in the '60's and didn't buy, in the '70's and didn't buy, and in the '80's I think too... and didn't buy. And in the '90's and didn't buy. There are just some stocks out there that are like that I guess. For a buy-and-hold guy like you... a good time maybe to add to positions. I still see red when I think about RPM... if I bought now, always would feel like I missed the boat (which I did). I've taken a small position this year in LI - also a specialty chemical mfger instead.
RBD. Another stock ---very popular growth stock of the '60's. Never owned it. Was too overpriced then, not priced low enough now. They pride themselves on coming to market VERY QUICKLY with new things for the home. I see them as a competitor to Sunbeam (which they only occasionally are, but it colors my judgment of RBD.) I'd avoid, only because I can't see how they can overcome competitive threats from others.
Pep Boys... Another stock from the '60's. Hey! We've gotta find some good non-tech growth companies from or for the late '90's! PBY - Good business, but many competitors IMO -- too many HI-LO, etc. I'd avoid unless price was compelling (and it's now not IMO).
ADPT. Well it's a stock of the '90's all right. But I can't figure its value based on p/bv; psr, sales growth, etc. And not knowing that much about the business, the industry, competitive threats, etc. etc.... I have to avoid ADPT.
BT... Now that could work at current price. Earnings increasing with dividends as back up support. I'll have to look further.
Paul |
