5 Bullish Stocks That Will Pay You to Own Them
52 Week Range: $61.05 to $72.74
Price To Book: 3.2
Earnings Payout Percentage: 77%
JNJ Dividend data by YCharts
Johnson & Johnson may not have the sex appeal of many tech companies, but money never goes out of fashion. I am in the camp that believes in holding quality companies (I mean the income statement and balance sheet, not if they are popular)
Johnson & Johnson fits very well into the camp of a core holding. The dividend is large enough that even if you buy wrong, history (along with the fat dividend) tends to wash you of your sins quickly. Investors are receiving $2.44 yearly in dividends for a yield of 3.4%. The TTM Price-to-earnings ratio is a little rich at 23. However, it falls to a very comfortable 13 looking forward. Johnson & Johnson recently declared the new dividend amount of 61 cents per share for the quarter. Shares have really appreciated, gaining 11% in the last year, and the average analyst target price for Johnson & Johnson is $75.31. With short interest above 5%, investors will want to monitor changes to know if short sellers turn up the warning signals. Otherwise, the current 6.4% of the float short isn't relatively small, but also not a major concern yet.
FCX data by YChartsFreeport-McMoRan Copper & Gold (FCX) Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. It is the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries, P.T. Freeport Indonesia (PT-FI), P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper, S.A. (Atlantic). Freeport Mcmoran trades an average of 15.8 million shares per day with a market cap of $37 billion 52 Week Range: $31.08 to $48.96 Book Value: $18.06 Price To Book: 2.2 Earnings Payout Percentage: 37% The company currently pays $1.25 per share in dividends for a yield of 3.2%. The yield isn't the largest in this group of companies, albeit the stock is perhaps one of the better values. Gold prices are elevated, but miners are not gaining nearly at the same pace.
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