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In the most recent issue of "Personal Finance", Stephen Leeb's Income Portfolio manager Roger Conrad, says to unload CZN to make room for Philip Morris.

CZN has "reduced its dividend to 3 percent making it unsuitable for the Income portfolios income-oriented objective."

Mr. Conrad does say that the company has assets worth 35-40 percent more than its market value. And also that its business plan is solid.

My personal opinion at this time is to hang on as a possible growth company or merger or takeover target. I can afford to wait a couple more years for upward growth. It would make my day if it happened sooner.
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