GREY:ALARF - Post by User
Comment by
borne2runon Mar 15, 2018 10:42pm
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Post# 27725084
RE:RE:RE:RE:RE:RE:What are you actually buying
RE:RE:RE:RE:RE:RE:What are you actually buyingInvesting in stocks is all about choices - buy abc at xx or xyz at nnn. Here we have two dividend stocks trading at essentially the same price, Alaris and Enercare. So, if you have $18.000 do you buy 1000 shares of AD or 1000 shares of ECI? Both have fairly safe dividends. Alaris yields 9% whereas Enercare yields 5.4%. Although Enercare shows modest growth, investors are paying a heavy price for it.
I owned a small position in Enercare but sold it at the end of 2017 after holding since mid 2015. I recently redeployed about 50% of the proceeds into Alaris. It wouldn't be a surprise should ECI drop another 15% over the course of the next few months. Long term chart has the look of a slow rollover in progress. Although the Alaris chart is real ugly, it has the potential to form a double bottom at current levels.