A New Addition and a Couple of Potentials

Last week I added another stock to the portfolio. It's one that I found quite recently and shows good future potential. Also pays a solid 5% Dividends, and is rated at a 1 by Valueline.

Another thing going for this stock - I had a friend who is a financial analysis wonk run the numbers on this stock and he came back with an enthusiastic thumbs up. Now we are talking about creating a stock recommendation service with our pooled knowledge... but I digress. More on this at a later time.

Back to the new addition:

Name:                                BCE Inc.

Industry:                            Telecom Utility

Symbol:                              BCE
Timeliness:                        1
Safety:                               2
Technical:                          3
Approximate Price:            $48.00
Dividend Yield:                  5.00%
Industry Rank:                   25
Low Gain Estimate:            0%
High Gain Estimate:           25%

The only thing lacking is a price gain potential, but add it to the Buy list.

I'm also looking at a couple more Potentials.

Name:                                Santander Consumer

Industry:                            Financial Svcs. (Div.)

Symbol:                              SC
Timeliness:                        1
Safety:                               3
Technical:                          1
Approximate Price:            $23.00
Dividend Yield:                  3.7%
Industry Rank:                   12
Low Gain Estimate:            25%
High Gain Estimate:           110%

Not much you can complain about with this stock.

And one that I could not find in the Valueline survey:

Name:                                Nuveen Municipal High Income Opportunity Fund

Industry:                            Municipal Bonds (?)

Symbol:                              NMZ
Timeliness:                        ?
Safety:                               ?
Technical:                          ?
Approximate Price:            $14.00
Dividend Yield:                  5.00%
Industry Rank:                   ?
Low Gain Estimate:            ? %
High Gain Estimate:           ? %

This is a bond fund that invests in municipal bonds so the Dividends it pays are tax free, meaning they are more than they appear to be by your tax bracket.

I am actively looking at adding both these to the portfolio soon.

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