Savings Experiment: Snow Removal
The Money Man Behind Rick Santorum: Who Is Foster S. Friess?This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"A President McCain will be pro-growth but should be more aggressive in oversight as it pertains to mergers and acquisitions; with that being said, we like CenturyTel Inc. (NYSE: CTL)," says Kelley Wright, editor of Investment Quality Trends.
"CTL provides a variety of communications services to 25 states in primarily rural area and small to mid-size cities.
"The company offers local and long distance services, as well as enhanced voice services, as well as high-speed and dial-up Internet.
"In June the company increased its annual dividend to $2.80 from $0.27, reflecting its confidence in their growth model and as a deterrent to possible suitors.
"The blue-chip stocks that we recommend, including CTL, show exemplary long-term dividend growth, a P/E ratio of 15 or less, a payout ratio of 50% or less, debt of 50% or less, and technical characteristics on the daily and weekly charts that suggests the potential for imminent capital appreciation.
"Currently yielding almost 7.0%, CTL offers tremendous value in both dividend yield and the potential for long-term capital appreciation."
Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.
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Reader Comments (Page 1 of 1)
10-17-2008 @ 7:37PM
M ODell said...
Century Tel's cash coud be from their poor business practices that we have experienced. We are a small business. We requested that our T1 line be disconnected in February of 2006. We switched to DSL. The fees for the T1 service were never taken off of our bill and they weren't clearly identified on our bill, which the FTC frowns on. This is an example of how small businesses suffer at the hands of corporate greed. Companies like Century Tel pay their CEOs 3,000,000 packages, yet, when they have the opportunity to make a situation right, they fall back on the corporate giant position, with the hope that the small guy won't fight for what's right.