More long term for my fellow chasers: October 16th, 2008

October 16, 2008 – 6:07 pm

Alright fellow chasers, here are some more long term value plays to add onto the long term investment post I made yesterday: Remember guys, just as I stated previously, stick with high dividend blue chips.

1) Verizon (VZ): Trading at 10.5x forward earnings with a 6.7% dividend rate.

2) Mcdonalds (MCD): 15.2x forward earnings, beat consensus earnings estimates the past 2 quarters, cheap food and a 3.6% dividend rate.

3) Dow Chemical (DOW): 8.1x forward earnings, 6.9% dividend rate

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