Change to Watch List

30 Sep 2013 22:13
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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.

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