Category: Warnings

History can be an excellent guide to the future…

It’s clear that staying away is the best course of action.

If history is any indication, the company likely won’t be able to sustain strong enough positive cash flows to continue paying its big dividend.

I don’t believe it’s in jeopardy in the immediate future, but that could change.

Let the shares go for whatever you can get… It’s all downhill from here.

It has little upside and huge downside.

I most definitely wish I had owned it on January 1 and held through today. But if I did, the first thing I would do is sell– immediately.

I’m not saying a cut is imminent, but if free cash flow comes in below expectations, it wouldn’t surprise me if the company did in fact reduce the dividend in 2021.

In short, “buying quality” is the perfect plan for this moment. The reason is simple… it works.

Many are household names with huge market recognition — yet at this point, all are either a “sell” or even a “strong sell” in my Portfolio Grader tool.