UnThreaded | Threaded | Whole Thread (21) | Ignore Thread Prev | Next
Author: horacekgl Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 9931  
Subject: Re: DRIP ideas Date: 6/7/2006 10:45 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Pfizer is an undervalued (IMHO) dividend paying stock with a good yield. I buy Pfizer stock at $22 or less for my IRA. The company has their own dividend re-investment program through their transfer agent. Web-page reference: http://www.pfizer.com

As a long time PFE owner, I just sold it all because I realized that this stock (not the company) is going nowhere during my 5-10 year horizon of potential ownership. Unfortunately there are a lot of undervalued companies out there that are doomed to remain undervalued for an extended period of time. Stocks like MSFT, HD, DELL come to mind (I own all, for now). I've decided to stop fighting Mr Market and buy value stocks he likes better, i.e., companies that he rewards for increasing company performance. While over the short term 'the market is a voting machine.....', sometimes it can take a long, long time for that voting machine to become a weighing machine. It does me no good if that time happens after I'm dead.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (21) | Ignore Thread Prev | Next


Motley Fool Income Investor
Are you a dividend-savvy investor? Check out our Income Investor newsletter.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.