Steve Jobs famously said they had cracked the problem he had with TVs, causing everyone to speculate that Apple was making a TV and a ring would be the remote control.
I think the iWatch will have Siri, just like Dick Tracy, you’ll be able to tell your watch what you want to do and Siri will do it.
HomeKit has tons of Siri code in it. Your watch will be your key, your garage door opener, your lighting controls and your tv remote. If they did this, which I think they did, it will be genius. One controller to rule them all that is never lost, always at your side.
Invest in peace…
So, things have been quiet in Undertrader land because I’m letting my stocks do their thing.
Apple (aapl) split nicely, and will post the largest quarter in the history of histories this Christmas, so I’m letting that run. May even buy more. iPhone 6, iPad, iWatch and an AppleTV that has apps that you can play games on, making it the best selling console at Christmas is my bet.
Berkshire Hathaway (brk.b) is what it is, so letting that run.
Realty Income Corp (O), pays an insane dividend, so letting that sit.
Pepsi (pep) pays a decent dividend, this one is a good holder.
Liquid Metal (LQMT) is a long-term bet. Apple is doing to use the shit out of liquid metal in their future products and I think that’s going to create a run of companies looking to use the technology in their products. This is a cheap, high, high risk call on my part, but I think it will pay off.
Disney (DIS) has Star Wars and Pirates of the Caribbean and Pixar and Avengers all coming. Pays a little dividend, too. This is going to fly in 2015.
Coke (KO) is a no brainer long-term investment.
Senior Housing Properties (SNH) pays an insane dividend as well, so thank you for the free money SNH!
Mattel (MAT) was beaten down so I bought it on it’s huge dip. Up 2+% on it right now, but I bet I’ll make 10% by the end of the year.
Target (TGT) bought this a long time ago, held it through the credit card crisis and bought some more, lowering my cost basis. This is a strong company, they’ll do fine long-term.
WWE (WWE) rode this to $30 and sold it, it got hammered with the hammer of hammers down to $11 and I bought it again. Pays a little dividend, has tons of room to grow and once they open up the WWE Network to other countries, should have a constant stream of world-wide income. They aren’t going out of business anytime soon and are finally starting to make some new stars.
Anyway, so I’m happy with my lineup right now. If I were to buy something today, Twitter (TWTR) might be a good one, it’s down 49% from it’s high. They need to find a way to be more profitable. Liquid Metal is down 44% from it’s high, which would be a high risk I might take, Avon (AVP), Target (TGT) and Whole Foods (WFM) are all down over 20% from their 52 week highs and I’d look into them, too.
Invest in peace…
So, if you weren’t paying attention to World Wrestling Entertainment (WWE), their stock dropped almost 45% in after hours trading on Friday. The reason is Vince McMahon in their March financial call said that he expected WWE to double their income in their new TV deal. Well, they didn’t double it, but it did go up from $140M to $200M. A good jump, but not what he said would happen and investors got PISSED and bailed.
On top of that, the new online WWE Network has done ok, but not as ok as they need. Last I read they had about 700,000 subscribers, which is great, but they need about 2 million. Give them time. It’s a new endeavor.
With all that said, they make a lot of money, they are on a roll and because of this drop their dividend is now 4.26%. Can’t beat that with a stick.
Invest in peace…