Stock of the Week
We have featured a number of blue chip stocks over the last several months reporting great earnings, raising guidance, and raising dividends or anticipating raising their dividends. A number of these stocks have had nice run ups, but have since pulled back in the last couple of weeks. The fundamentals have not changed. Companies that reported great earnings in April are still performing well here in May.
Conservative investors may want to wait for the markets to calm down before putting money back to work even though the averages may be higher by then. No one has to put all their money to work at one time, but investors that missed the run up have an opportunity to get in at lower levels.