Triple Portfolio GRANDSLAM!!! DPS + FLIR + WHR
I am experiencing today a TRIPLE Portfolio Grandslam in 3 companies that in less than 1 months time I have upgraded my stake in expecting good things.. Boy was I rewarded this morning...
Check out the news headlines fellow MF investors!! This is what a good day in the market looks like!
1) Dr. Pepper Snapple Group Shares up over $1.00 off news of a multi-contract deal to provide Dr. Pepper product in McDonald's Restaurants.
Dr. Pepper is already served at Wendys and at SOME Subway stores. Now it's available at McDonalds world wide? OMG!
2) FLIR Systems - Extech, a subsidiary of FLIR, reports Record Breaking Earnings despite Military Budget cuts. Why? Cause the business (I knew all along) is in the correct business! This stuff is needed and necessary no matter who is Commander in Chief.
3) Whirlpool - Beat earnings estimates with 91 cents a share EPS versus a loss of 18 cents and re-confirmed earnings prediction for 2009 between 3 and 4 bucks eps. Cost cutting moves that made me BULLISH on Whirlpool have paid off big time. Free Cash flow stands at $300-400 million.
Who says Whirlpool's cash isn't good? They are floating in cash!
3 Great American companys producing breath-taking announcements..... Why on EARTH would anyone want to trade in and out of stocks rather than invest in these names long-term as I have?
It pays to be patient folks and to buy on dips:-)