Have you looked at the stock market yesterday? Let’s just say it wasn’t the best day if you were invested… However, if you are looking for an entry point, here are a few stocks we hold in our DSR portfolios and match our 7 investing principles that dropped more than 3% yesterday. This can be your entry point. You might want to check them out before you go to work this morning:
Seagate Technology (STX) -3.38%
STX met analysts estimates but deceived with soft guidance for 2015
Slow Euro economy is the main reason why sales won’t be as high as expected this year
dividend yiled: 3.79%
Procter & Gamble (PG): -3.45%
Currency headwinds hurts sales and profits as they missed estimates
Profit drops 31%
Still the company is a strong consumer defensive stock
dividend yield: 2.98%
Apple (AAPL): -3.50%
70% iphone sales increase in China during the Holidays
They sold 74.5 million iPhones while expectations were between 64.5 and 67 million
Apples’s cash in bank is enough to buy IBM! ($178 billion)
dividend yiled: 1.72%
Intel (INTC): -4.52%
It was definitely not techno’s best day!
While Intel posted good earnings and announced a dividend increase last week, it suffered from bad news from STX & MSFT.
dividend yiled: 2.81%
Caterpillar (CAT): -7.18%
profit plunges 25% last quarter on oil drop
it’s a tough time for CAT, but it’s a good entry point since the stock is now trading below 13 PE
dividend yiled: 3.51%
Microsoft (MSFT): -9.25%
Windows sales deceived and their ongoing restructuring effort in line with the Nokia acquisition cost 2 cents per shares to investors
dividend yiled: 2.91%
As you can see, it is not catastrophic news, it definitely be a good entry point if you were looking to buy one of these stocks!
I’ll keep following them closely, let me know if you have any questions.
