Saturday, October 8, 2011

Update: Stock Picks for the week of 10/2/11 to 10/8/11

As you can see below, it was a 6 for 10 week. CAG, ABT, BMY, MMM, IBM and UTX all popped. IBM flew higher by $7.52. It is important to remember that investing in high yielding dividend paying stocks. Hold on to your dividend paying stocks for the long term and reap the benefits!

Feel free to watch the video below about IBM. IBM will inject your Roth IRA stock portfolio with stability and profits. Until next time, happy investing!

Stock Ticker.. Quote @ 10/2/11..  Quote @ 10/8/11..   Net Gain/Loss

SYY - Sysco $25.90     25.78   -0.12
Distributes food and related products to restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers.
CAG - ConAgra $24.22     25.03    +0.81
North America's packaged food company serving grocery retailers, as well as restaurants and other foodservice establishments.
BMO - Bank of Montreal $55.85     55.42  -0.43
Offers a range of credit and non-credit products and services directly and through Canadian and non-Canadian subsidiaries, offices and branches.
ABT - Abbott Labs $51.14    51.53   +0.39
Diversified line of health care products. Segments include Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Vascular Products.
BMY - Bristol-Myers Squibb $31.38   32.38  +0.58
Discovers, develops, licenses, makes, and sells pharmaceuticals, with particular success in cardiovascular treatments.
DUK - Duke Energy $19.99    19.79  -0.20
An energy company with an integrated network of energy assets. The company manages a portfolio of natural gas and electric supply, delivery and trading businesses.
HTS - Hatteras Financial Corp $25.16   24.07   -1.09
A strong REIT in a strong sector and it pays high yield.
MMM - 3M $71.79   73.82  +2.03
Operates in areas that include health care, industrial, and transportation. Products include Post-it Notes and Scotch tape.
IBM - IBM Corp $174.87   182.39  +7.52
Reliable company, just beat out Microsoft for higher market cap. Globally integrated innovation company, serving the needs of enterprises and institutions worldwide.
UTX - United Technologies $70.36   71.46   +1.10
UT owns Carrier heating and air conditioning, Otis elevators, Pratt & Whitney aircraft engines, Sikorsky helicopters, and many more!

Grand Total +10.59

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