If you've been paying any sort of attention at all, then there's one news item that's practically dominating energy news headlines.
I've been thinking about this in recent days as U.S. stocks start to percolate while European economies slip into a clear-cut recession. The near-term is crucial. The S&P 500 has near-term resistance at around 1,285, and we're back near this level, which was last seen in late October.
When I look at investing, I look at it from the point of view of getting my portfolio to grow from stock prices going up and earning dividends coming in. Additionally, I am always looking to minimize risk to the lowest possible level commensurate with growth.
These are companies which have become intimately tied to American government; either run by our government or in bed with our government. And what do they call it when governments and corporations work hand in hand to control wealth and power, and pick winners and losers? They call that fascism.
It’s year-end, so that means it’s time to publish Goodfellow’s model portfolios for 2012. For Townhall readers we’ve included our model portfolio for Trading and Aggressive Growth.
This large-cap growth stock has projected consensus earnings (EPS) growth of 20%, 21% and 16% for fiscal years 2012 through 2014.
Most income investors probably see this yield and don't look twice. But if you're only looking at companies that pay yields of 6% or more, I think you're making a big mistake.
The company is locked in a showdown with its lenders, and they hold the cards. To keep them at bay, the company needs to raise cash, primarily through the sales of assets and legacy businesses.