If you go to the movies, the trade magazine will have a story about the new movies as well as the Oscars which is coming up soon. As a movie goer, you can enjoy the movie. As an potential investor, did you like the movie? which studio produced the movie? did you like the theatre? Some of those answers can be connected to publicly traded companies. If the answers provoked a positive response, the next thing step is to review the financials of the companies to see if they meet your criteria for investing in. The award shows are great because they highlight the best of the industry and you can easily recognize or learn who the public companies are. The ones receiving the awards will be first on the review pile, while those not receiving awards could be turnaround potentials.
Linking to dividend producing stocks, in every industry there are award shows, some industries it seems more than others, but each industry has award shows. For the industry you are interested in, enjoy the show for both who receives the awards as well as investment potential. In this blog, one of the criteria is the stock has to pay dividends, which means most of the companies will be excluded, however there are always some that are included. Hopefully the companies you are interested in both receive awards and pay dividends which indicates their commitment to excellence in the field and to its shareholders.
There are more questions than answers, till the next time – to raising questions.