Entry Point on COSThis stock at the right price could make an attractive "Long Term" Investment even without the dividend. Oil will eventually rebound but that isn't going to happen for months, if several years.
On Dec 5th the price of oil was $69 per barrel. When COS cut its dividend it went to $5.20 per share. If today you were looking to buy, considering the factors that many believe the dividend is
going to be suspended, and that the price of oil has dropped another 30% since the Dec 5th when 52 week low was established; I would suggest that this is a BUY at around $5 per share, and if you assume the current price discounts for the dividend that isn't likely to happen 5.75 to $6 per share.
At those prices it may even start to look attractive to other Companies for takeover, however it has a really bad looking balance sheet so perhaps not.