$16.3m follower assets
Decided to bail on $INTC due to the dramatic dividend cut for a 10% loss. I wasn’t sure where I wanted to invest next, so I put the money in $TSM as a placeholder. $TSM seems like a great investment opportunity, it just doesn’t fit my normal criteria.
Right now I can get a 6mo CD for 4.9% from Fidelity (https://fixedincome.fidelity.com/ftgw/fi/FILanding?bar=p#tbcds%7Ctreasury%7Ccd-new-issue%7Call). Instead, I’m hoping for a return from $TSM greater than that amount (closed around 86.83 so 4.9% increase would be about 91.05).
Do you think $TSM will have a greater return than the 6mo CD rate at 4.9%? The polling option could only go out one month and not six, so best predictions appreciated!
That dividend cut was long overdue and one of the smartest moves Intel's executive team has made in recent years in my opinion.
@averageinvestor what is your normal criteria ? It would be helpful to have that for context
@joeyhirendernath for dividend stocks I typically look for a yield of 4% or higher along with a healthy balance sheet and a history of consistent returns. Taken together those factors have beaten inflation historically.
Author
Related
Already have an account?