by Mark Bern, CPA CFA
This past two weeks Timour and I published another article based upon his artificial buy/write strategy for use with Qualcomm (NASDAQ:QCOM), “How to Increase the Yield on Qualcomm by Systematically Reducing Your Invested Capital." We also published a new strategy article using the strangle strategy within my original series on enhanced income investing, “My Long-Term, Enhanced Investing-for-Income Strategy – A New Twist,” that provides an explanation of the strategy using TEVA Pharmaceuticals (NASDAQ:TEVA) stock as the example. This article was chosen as an Editor’s Pick by the Seeking Alpha editorial staff. And we used the same strategy in another article, “Long-Term, Enhance Investing-for-Income Strategy for Johnson Controls” which positions us better for the long term for the company (NYSE:JCI). And finally, we also published an article to help owners of JP Morgan (NYSE:JPM) increase yield on their holdings with “JPMorgan Chase Shareholders: Increase Your Yield with this Strategy” which was chosen by Seeking Alpha as an Editor’s Pick.
I also continued the series of articles discussing my Master List. The Master List series is about the process I use to identify quality companies. You are welcome to jump into the series at any place or any time as each articles is written to stand well and make sense on its own, but you also may find it helpful to read the first article in the series,“The Dividend Investors’ Guide to Successful Investing,”which includes a detailed outline of the process of filtering and eliminating companies to narrow the list down to a manageable level. It includes a discussion of each of my ten rules that I apply to rate each company that makes it through the full screening process.
This week’s articles in the series included “The Dividend Investors’ Guide: Part XVII – Talking About Communications,” “Part XVIII – The Fickle Apparel Industry” and “Part XIX – Retail Building Supply Near Bottom.” The last article’s name refers more to a bottom in housing than in building supply which actually bottomed long ago. These articles provide my current assessments each of the respective industries. Featured companies include AT&T (NYSE:T), Verizon (NYSE:VZ), Cisco (NASDAQ:CSCO), Broadcom (NASDAQ:BRCM), Qualcomm (NASDAQ:QCOM), America Movil (NYSE:AMX), VF Corporation (NYSE:VFC), Ralph Lauren (NYSE:RL), Fastenal (FAST), Tractor Supply (NASDAQ:TSCO), Home Depot (NYSE:HD), and Lowe’s (NYSE:LOW). I also discuss the more notable exceptions and explain why each company failed to make the list.
Finally, I also published four more articles pertaining to the enhanced income strategy: “Enhanced Income Strategy for Union Pacific Corporation – Time to Take Profits;” “Enhanced Income Strategy for Medtronic – Time to Take Profits;” “Enhanced Income Strategy for Colgate-Palmolive – Time to Take Profits;” and “Enhanced Income Strategy for Chevron – Update 3.” Each article contains details about the next steps in the strategy recommended for the individual companies: Union Pacific (NYSE:UNP), Medtronic (NYSE:MDT), Colgate-Palmolive (NYSE:CL), and Chevron (NYSE:CVX). We are actually closing option positions for a profit on each company in these articles.
Looking forward to the coming week I plan to continue my “Master List” series with detailed analysis and explanations of why each company survived my rigorous test. I intend to publish assessments of the General Retail Store, tobacco, and oil producing industries in the coming week.
Timour and I will be including more articles with specific recommendations as the opportunities present themselves. We hope you will find our analyses and strategies interesting with low risk/high reward potential. We hope you will join us and question our assessments. We always enjoy sharing and learning more from others about the companies we own or want to own. We truly believe that we all benefit from the process.We try to answer every question that is posed in the comments section following each article.
Have a great week and thanks for reading!
Investing articles by Mark Bern