And I’m ready to take your tomatoes… even though I’m right.
Instead of making another list of great stock picks, I decided to do the opposite today. I actually wrote about these companies over the past 12 months telling investors to sell them now before it’s too late. What makes them special is that they have tons of fans as they are very popular dividend paying companies. They often ace the first filtering processes due to their competitive advantage and good fundamentals. Their “brand” as a dividend paying stock is strong among investors but I feel that they offer more smoke than anything else. Many investors are blinded by the story told by these companies and tend to ignore the story that will happen in the years to come.
Those companies are on my black list and I don’t see them returning to my watch list anytime soon. In fact, I think each of them is a BIG SELL at the moment.