Recordati

daheff

Anybody following this Italian Pharma stock?

REC.IM

https://www.bloomberg.com/news/articles/2017-05-02/red-hot-recordati-spawns-four-more-drug-billionaires-in-italy


seems like a stock on the move.

gamblor101

It one of my portfolio's star performers.

I jumped on board about 18 months ago. Up 70% since and a nice dividend yield at time of purchase.

daheff

gamblor101 wrote: »

It one of my portfolio's star performers.

I jumped on board about 18 months ago. Up 70% since and a nice dividend yield at time of purchase.

Can I ask what drew you to it? OR where you even heard about it?


first I heard of it was a BBerg article mentioning its stellar performance. Looking at the financials it seems to be growing well. Revenue up, EPS up, profits up, expenses reasonably steady.

gamblor101

My approach to picking stocks is not very scientific.
I think it was on a list of european companies with a high yield. I just check the payout ratio, dividend growth rate up to ten years, the number of years its paying a dividend and it's market capital.

If the numbers are within my limits then I buy in.

daheff

gamblor101 wrote: »

My approach to picking stocks is not very scientific.
I think it was on a list of european companies with a high yield. I just check the payout ratio, dividend growth rate up to ten years, the number of years its paying a dividend and it's market capital.

If the numbers are within my limits then I buy in.

hey, well if it works it works

sometimes people try to overcomplicate things...a winning strategy wins even when simple.