Dividend.com: Paychex Stubbed

The company now sees EPS in the next quarter to come in a range of 40 cents to 42 cents, below previous guidance of 52 cents to 55 cents. The consensus estimates are for 48 cents.

We have avoided shares of Pentair since our early June coverage began, when the stock was trading at $36.32. The company has a 2.73% dividend yield, based on last night's closing stock price of $24.89. The company appears to have decent support in the $22 to $24 area here. If that fails to hold again, then the $12 to $14 price area would be the next true area of major support. We do think the company is in a lucrative space, but until shares stabilize, we would look elsewhere for investment opportunities.

Pentair is not recommended at this time, holding a Dividend.com Rating of 3.1 out of 5 stars.

Lennar Still Delivering Losses for Now

Lennar(LEN Quote) reported a fourth-quarter loss of $811 million, or $5.12 per share, compared with a loss of $1.25 billion, or $7.92 per share, a year earlier.

The company's revenue dropped 41% in the period ended Nov. 30 to $1.28 billion from $2.18 billion a year ago on fewer home deliveries and a 10% drop in the average sales price of delivered homes.

We have avoided shares of Lennar since our early June coverage began, when the stock was trading at $15.23. The company has a 1.56% dividend yield, based on last night's closing stock price of $10.25. The shares of Lennar have nearly tripled in the last month so we would be careful to chase the stock here. We think a pullback to the $7 to $8 level makes more sense, if an investor needs to have a homebuilder in his or her's portfolio. The demand has not come back yet, despite all the announcements from the Fed, so we would use a bit of restraint when it comes to the homebuilders.