Banking, finance, and taxes

Some Investment Advice For Dubai (YHOO)(HD)(GE)(MO)(DELL)

Now that Dubai International Capital has bought a piece of Sony (SNE), it must have a lot more capital to spread around.

A shopping list:

Yahoo! (YHOO) The stock is still down from $43 in January 2006 and now trades at $26. Short-term, the shares may not go anywhere because the perception is that Google (GOOG) taking up too much of the online ad market. But, Yahoo! has a good footprint in mobile search and is one of only four large online portals. It is a play on the long-term strength of internet marketing, and it might be a takeover target.

GE (GE). Nice long-term investment. The stock has not done much over the last half-decade, so management is under pressure to make the company more attractive to Wall St. GE says that its business in China and India will drive its growth over the next decade. And, a good yield.

Altria (MO) Tobacco stocks are as good a place as any to park money. Very strong yield. The stock is likely to move up more when the company’s international operations are spun off. A lot of people in the Middle East, Asia, and Europe are still big smokers. Good "vice stock" addition to the Dubai portfolio.

Home Depot (HD) Available at a huge discount, if Dubai thinks the US housing market will revive in the next three or four years. Good share buy-back. Leader in its market segment. Stock down from 52-week high of $42 to under $29. Has a yield of almost 3.2%, almost as good as a bond.

Dell (DELL) Nice turnaround play, if Dubai thinks Dell can get back some of its market share in global PCs. In mid-2005 shares were at $42 and now trade at $26. Founder Michael Dell has a big incentive to make the company work–his own net worth.

Douglas A. McIntyre

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

 

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.