I have essentially gone with the barbell strategy, a group of "safer" stocks with good dividends (PM, CEL, CHKE, VALU, UNTD, RAI and TTT) and a group of riskier stocks such as CSKI, CEU, CCME, CMFO, BORN, NEWN, UTA and KSW. Then my other stocks are FLL, IPXL and CF. Still 30% in cash.
NEWN reports on Monday morning, I have had very good earnings so far on this group. I will bang the table on CCME, which is only not on the MFI list as they show earnings by 6 month intervals rather than quarterly. Here are some key points:
- They have already stated they expect to make over $80m this year.
- The second quarter has been pre-announced around 25-27m.
- Note that annualizes much higher than $80.
- They have good earnings visibility as they have many long term (5 year) contracts.
Finally, their market cap is 382m and they have 114m of cash with no debt.
Consider the table pounded.