I am retired and take educated guesses on all things financial.

October 21, 2008

October 21, 2008: Strong Dollar? Consider Higher Yield Foreign Securities

In line with recent stock lists on my blog, the following securities ex-US may be appropriate for inclusion on your watch list for accumulation. These are not recommendations. This is a list for you to further investigate to discover if they are a fit for your Permanent or Speculative Portfolios.

My screen targeted foreign large cap stocks, recommended as an Outperform or Buy per Reuters and throwing off a dividend of at least 5%.

AZ Allianz 8.93%
MT ArcelorMittal 5.075
AXA Axa 8.48%
BCS Barclays 11.26%
BBL BHP Billiton 5.26%
BP British Petroleum 7.58%
CM Canadian Imperial Bank of Commerce 6.02%
CHT Chungwa Telecom 7.73%
CS Credit Suisse 5.52%
DB Deutsche Bank 16.05%
DT Deutsche Telecom 7.88%
DEO Diageo 5.26%
EVNGY E.ON 5.42%
EDPFY EDP Energias de Portugal 5.64%
E ENI 9.18%
PHG Phillips Electric NV 5.85%
LFRGY Lafarge 8.72%
NGG National Grid 7.16%
NSANY Nissan Motors 7.88%
TLK PT Telekomunikasi Indonesia 10.79%
REP Repsol 6.90%
RDS Royal Dutch Shell 6.59%
SNY Sanofi Aventis 5.56%
SSL Sasol 7.67%
SCMWY Swisscom 5.64%
TI Telecom Italia 10.59%
TEF Telefonica SA 5.95%
TELNY Telenor ASA 7.77%
TLSYY Telstra 8.18%
TOT Total 6.88%
VOD Vodaphone 9.93%

Taking into consideration a strong dollar, it makes sense to look at the "rest of the world" to find stocks that will pay you to wait for the recovery and, perhaps, also provide a cheap entry point with our strong greenback.Research appropriately and choose from the list to discover the best of the lot for you.