AMGN may be a house hold name in some parts of the country, but I'm not thinking it as made it to every home yet. AMGN is coming off an all time high of $165.31 and the long term charts look pretty good. Although they don't have a great dividend payment coming up. The historical performance using Dividend Capturing its a high note for us. We love companies that can consistently perform, and we can consistently grab profits.
AMGN has a market cap of $120 Billion, and $20 Billion in revenues. They seem to be a solid investment. As solid as they may be for some long term investors... we still like them for our favorite strategy. Dividend Capturing. We send out Dividend Stock Tips every week with companies that are getting ready to pay out some dividend, we run these Dividend Stocks through our Dividend Stock Picking Software to help with our trading and investing.
When you mention CVS, most people think of the corner drug CVS Pharmacies. They are one of the biggest, grabbing a market share of $108 Billion and cash flow of $135 Billion. The stock price is only $94 today and a one year target price of $102. Take a look at the long term chart, It shows some nice growth over the last 12 years but a sideways movement before that. Over the last few months CVS has hit a high of $98, Who knows it might look like a minor pit stop at $94 today. As a Dividend Contender, CVS has been paying dividend for 99 years... Yes you read that right 99 years of dividend payments to investors, they have increased dividend payments to for more than 11 years consecutively and they are looking to continue this trend. CVS scores a 97.4% on our dividend capturing score card. Just a little number we use to see if they qualify for our dividend capturing strategy for our portfolio.
Just out of high school I decided to be self employed, after running a successful manufacturing business I had a problem of making more money than I knew what to do with. I started investing, after 23 years of investing I now want to share my strategy with a select few that want an extra edge in their own investing.