There was no
Sudden:Death segment tonight.
Instead, Jim had
the following
end-of-show
comments:
Jim:
After a
temultuous two
days... the
worst
back-to-back
days ever... we
then snap back.
We don't snap
back all the
way, but what
comes back
hardest?...
Well, of
course... the
dividend
plays... the
ones we've been
recommending
over and over
again... and the
companies that
are trading
around their
cash (i.e.,
their stock
price is around
the same as
their cash on
hand value per
share)... and,
most
importantly, the
recession-resistant
plays... Now,
why not go for
Verizon Communications, Inc.
(VZ),
which has all of
those?... A 6%
yield. They just
raised the
dividend. It's
not just an
"accidentally
high" yield. The
fundamentals are
good. Take a
look at
Herbalife Ltd. (HLF)
this weekend.
There might be
something there.
And, all during
this weekend,
I'm just looking
at
high-dividend-yielding
stocks.