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Six Stocks That Partied with the S&P500 Last Friday



October 22, 2013 – Comments (1)

This article was a little delayed because I was slow getting edits in, but six stocks from my portfolio joined in the S&P 500's new 52-week high last Friday.  So, I celebrated with a 52-week hi-ku article.

Three of the six, RPM, BDX and GHM, reset new highs today and they were joined by Magellan Midstream (MMP).

Moving oil and gas
Magellan's pipelines at work
Growing payouts rock.

A lot of stocks are getting pricey, so be careful out there.  I subscribe to the theory that stocks are getting bid up because there aren't many good alternatives.  That'll work out for stock holders right up until something becomes a good alternative - wish I knew when it will happen and what it'll be.

Fool on!


Add 'em (haiku) if you've got 'em, here or as a comment on the article.


1 Comments – Post Your Own

#1) On October 22, 2013 at 10:19 PM, awallejr (58.75) wrote:

Russ you are right about a lack of alternatives. As I argued earlier yield is still king.

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