This is a blog, and I am not promoting any stocks or advising anyone to buy securities listed here. I am only talking about stocks I follow, not recommending stocks to anyone. Always consult your own advisor before considering any of these opinions.
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Wednesday, August 9, 2023
I am Back
DISCLAIMER-I am not responsible for your investments and this is not a
recommendation to buy or sell. You must consult qith your investment advisor
of your choice.
I am following these stocks:
Sociedad Quimica Y Minera de Chile (SQM)
I believe that lithium stocks may have a future. Todays price is approx $70 a
Share, from a higher price in the $103. Dividend yield is close to 12%. However,
the div. withholding tax is approx 30%. Warning: some people argue that Chilean
gob. could possible nationalize this enterprise, others denied that claim. Who
knows. This company retraced aprox 50%, it may be a good entry price in the
future. Again, do your own reasearch and consult your advisor. Regards
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