Dow Jones 10447.93 (UP) Week Ending 09/03/2010
The first one is Coca-Cola Co. (Symbol KO, $57.56). Yeah Warren Buffet gets it right with this one. This soda fountain of cash generation pays a 3% dividend even before you start getting returns for it's growth . KO is projected to have earnings of $3.75 per share in 2011. The companies 1 Yr % Change (TTM) is 16.10%. You can do the math, this is a no brainer compared to the return on your money market fund.
it continues to gobble up small profitable security and monitoring companies. 2011 earnings are projected at $3.04 per share.
going bankrupt. But Ken Heebner in 2010 has made good money with them with US Airways and UAL, so I thought I would add my own pick. Southwest Airlines Co. (Symbol LUV, $11.57). Southwest is the sweetheart from the UAL/Continental merger deal and they pickup 36 slots at Newark Liberty International Airport in the lucrative New York City market. This could be a catalyst for growth in the stock. If you have ever been out to Chicago's Midway airport you know that Southwest fires off jets out of there like clockwork and their whole fleet is all exactly the same Boeing 737 jet to keep their cost down. No dividend here really (0.16%), but the companies 1 Yr % Change (TTM) is 37.57% which easily makes up for it. Earnings for 2011 projected at .95 cents per share according to Barron's and could pop over into triple digits, (over a $1.00) which would pop it up on analysts radar. I would not be surprised to see this stock get back to $15.00 per share.
So let the market go where it wants to and enjoy your fall with some stock buys that will
steer you through the turbulence.