Change to Watch List

30 Sep 2013 22:13

Back to list of posts

In a matter of just 3 weeks Sturm Ruger (RGR) saw its stock price surge 19.5% going from $52 to $63 per share. The sharp increase placed RGR on thin ice for staying on the Watch List. As a backup to RGR I added BP to My Watch List.

Currently I have BP rated with a high level of risk for the simple fact of potential legal liabilities and the lack of historical dividend increases. But with a couple years of dividend growth, a 27% payout ratio, and a yield just north of 5% does make this something to keep an eye on.

Comments: 0

Add a New Comment
or Sign in as Wikidot user
(will not be published)
- +

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License