Swing Trading Strategies & Stock Picks Since 2003



Watch Trading Videos for FREE now!
draw trend
You Are Here: Home > Articles > Stock Picks > Kelley Wright: If McCain wins ... call on telecom

Kelley Wright: If McCain wins ... call on telecom
Sep 30, 2008

Picture

Steven Halpern

add TheStockAdvisor
More articles
Font Size:
Text size
Text size
Text size

"A President McCain will be pro-growth but should be more aggressive in oversight as it pertains to mergers and acquisitions," says Kelley Wright.

The editor of Investment Quality Trends notes, "With that being said, we like CenturyTel Inc. (NYSE: CTL)." Here's his review of the rural telecom company.


"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."


Rate this article

 
 
(click to rate) 


CTL
C:37.1100

Rate CTL

 

(click to rate)


Back to top


You Are Here:Home > Articles > Stock Picks > Kelley Wright: If McCain wins ... call on telecom

BUY? SELL? HOLD?
Find out now.