All Year LongThe concept behind the holiday portfolio is straightforward: I select a group of five stocks that I believe deserve watching over the next 12 months, and I follow them -- regardless of their performance -- throughout the year. I'll revisit the portfolio on each market holiday and, at times, make comments about the stocks in RealMoney's
The Holiday FiveThe holdover for 2006 shouldn't be a surprise to longtime readers of this column. Altria ( MO) is simply an equity portfolio workhorse that deserves a place in just about any core equity portfolio. The consumer conglomerate is a cash-generating machine with solid global growth prospects, a great history of dividend growth, and solid management. And, with the potential spinoff of the Kraft ( KFT) unit a possibility in 2007, event catalysts are also present. While legal risk exists, the company has done a solid job of mitigating such risks in the past and that should continue in 2007. Altria is simply a stock that provides many ways to win, which is the reason it stays in the 2007 holiday portfolio.
|Company & Ticker||Recent Price||Indicated Ann. Div.||Current Yield|
|Bank of America (BAC:NYSE)||$53.26||$2.24||4.21%|
|Carrizo Oil & Gas (CRZO:Nasdaq)||$26.46||-||0.00%|