You Ask, Peltier Answers: Cat, Citi, Visa
Throughout the trading week on Stockpickr Answers, investing professionals answer questions posed by members of the Stockpickr community.
Recently, David Peltier (
TheStreet.com Dividend Stock Advisor
) responded to a round of timely questions.
Here are a few of those questions and Peltier's answers.
I'm looking at building a major position in Caterpillar and in ConocoPhillips in my long termholdings. Should I go with Deere instead of CAT?
Or should I just build a bigger position in COP instead?
Peltier:
Agree 100% about the CAT dividend being in jeopardy
regarding an earlier response to this question. I think the industrials are the biggest value trap in the market.
To read more, visit Stockpickr.com.
Being that Citi's stock is down to a dollar, is it a good buy right now or do weforesee a total collapse coming?
Peltier:
It's worse than that
a lottery ticket. In my opinion, it's a discarded scratch-off, where you can already see that it's a loser.
To read more, visit Stockpickr.com.
Do you think Visa will be well off with these new pre-paid debit cards?
Peltier:
I do see the economy continuing to shift from cash to plastic, which is very good for V.
To read more, visit Stockpickr.com.
Who's scheduled to be on
next?
Tuesday, Mar. 10:
Wednesday, Mar. 11:
Jud Pyle
Thursday, Mar. 12:
and
Steve Birenberg
Friday, Mar. 13: Peltier's back!
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