First of all, I hope everyone had a safe and happy Thanksgiving, or Friendsgiving, or if you don’t happen to celebrate either one of these events, a good week.
This is the time of year that we, as Americans, give thanks for what we have; and then promptly go out and buy things we don’t have; or things we feel that our friends and families simply must have.
Retailers love this and have created their own celebration events for which they are thankful.
Black Friday and Cyber Monday.
And nobody does it better than Amazon. Look at this heat chart from Friday.
Out of curiosity, I took a look at what the top 5 Black Friday items sold on Amazon.
- Amazon Echo Dot
- Fire TV Stick with Alexa voice remote
- TP-Link smart plug
- Instant Pot DUO80 8-quart 7-in-1 programmable pressure cooker
- 23andMe DNA test
The two which caught my interest of course were the ones that were not Amazon related. (Anything Echo/Dot or FireTV related was a lock to be on the list) – The pressure cooker and the DNA test by 23 and me.
I mentioned these to my wife and, thinking I was looking for gift ideas, promptly said she did not want the DNA test kit. After being married to her for nearly 30 years, I knew the last thing she wants to do is send PII to some company on the internet.
So maybe I’ll buy the pressure cooker….
But really, I was more interested to see if there might be some potential investment opportunities.
The Instant Pot pressure cookers appears to be a privately held Canadian company and 23 and me is a venture capital company funded by some publicly traded companies such as Johnson & Johnson (JNJ), Roche (RO.SW), Google (Googl) and Illumina (ILMN).
From purely a sales perspective, Amazon (AMZN), and these other companies might be an interesting place to start your investment research. However, one would be hard pressed to classify AMZN (with a P/E of 300 and a PEG of 5) as a traditional value investment stock.
Of course, as investors, there are many more ways to look for bargain investments. A month from now, one of the more talked about strategies will be looking at the Dogs of the Dow. This is generally a list of the highest dividend companies of the DOW30.
The current list has some very interesting names on it.
|IBM||International Business Machines||3.95%|
|PG||Procter & Gamble||3.12%|
Some, such as Cisco, I already have positions in. Others, such as GE have been so beat down this past year they may be compelling to invest in but GE is a mess right now and is not without risk. Long term, however, it may present an opportunity.
I also ran my own version of a “value” screen on Finviz and came up with stocks. Some, like the Dogs, pay dividends, some don’t.
|HMC||Honda Motor Co., Ltd.||Japan||10.45|
|LM||Legg Mason, Inc.||USA||15.22|
|RIO||Rio Tinto plc||United Kingdom||14.41|
|STX||Seagate Technology plc||Ireland||15.24|
|TKC||Turkcell Iletisim Hizmetleri A.S.||Turkey||14.51|
|VLO||Valero Energy Corporation||USA||17.85|
|WDC||Western Digital Corporation||USA||19.37|
|WOR||Worthington Industries, Inc.||USA||14.38|
|CFG||Citizens Financial Group, Inc.||USA||15.3|
|ESNT||Essent Group Ltd.||Bermuda||14.97|
|GGAL||Grupo Financiero Galicia S.A.||Argentina||17.41|
|HCCI||Heritage-Crystal Clean, Inc||USA||21.95|
|MDC||M.D.C. Holdings, Inc.||USA||11.62|
|PNFP||Pinnacle Financial Partners, Inc.||USA||20.11|
|PZN||Pzena Investment Management, Inc||USA||15.9|
|RICK||RCI Hospitality Holdings, Inc.||USA||27.88|
|SUPV||Grupo Supervielle S.A.||Argentina||17.66|
|WPPGY||WPP plc||United Kingdom||9.33|
I think I will keep these stocks on a special thanksgiving value watch list to see how they perform and conduct some further research..
What “value” stocks do you like or follow?