This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Invest Better Than Bill Gates

In the first quarter of 2007, Fisher returned 2.7% on common equity, compared with the industry average of 8.3%. Fisher shares have been trading in a narrow range, between the low $40s and low $50s, for the past four years. The company pays a 0.5% dividend, just enough to be able to say it pays one. Fisher appears to be neither a growth nor an income story. With nothing in the horizon to drive either, I'd also pass on Fisher Communications.

PNM Resources (PNM - Get Report), representing 5.7% of Cascade Investments' portfolio (6.5 million shares worth $210 million), or 8.5% of PNM, is a regional energy and gas transmission company based in Albuquerque, N.M.

PNM is a regional utility play that pays a 3.3% dividend. Its competitors include American Electric Power (AEP), El Paso Electric (EE) and Excel Energy (XEL).

PNM's 15.65 P/E and 1.38 PEG are lower than its competitors', as well as lower than the industry average. With a payout ratio of 51%, the dividend looks safe. PNM has traded between the mid-$20s and the mid-$30s for the past two years. If you're looking for a utility stock with a safe dividend and the potential for modest price appreciation, PNM is a good choice. I'd keep it.

Otter Tail (OTTR - Get Report), representing 2.4% of Cascade Investments' portfolio (2.5 million shares worth $87 million), or 8.6% of Otter, is an electric utility company in Fergus Falls, Minn.

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CNI $60.37 -1.00%
MSFT $47.10 -0.69%
PNM $26.86 -0.59%
OTTR $27.10 -0.11%
SIX $49.03 -0.51%

Markets

DOW 18,272.52 -13.22 -0.07%
S&P 500 2,130.66 -0.16 -0.01%
NASDAQ 5,098.6370 +7.8430 0.15%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs