Every year at the end of the summer we select stocks. Here are the choices for 2016.
Spirit Airlines (SAVE) – $40 (52 week high / low $53 / $33), $2.8B market cap, no dividend, $0.6B debt. Spirit Airlines is a low cost airline that is challenging the oligopoly domestic carriers.
Gilead Sciences (GILD) – $77 (52 week high / low $113 / $77), $101B market cap, 2.4% dividend, $21B debt. Gilead Sciences is a pharmaceutical company.
General Electric (GE) – $31 (52 week high / low $33 / $23), $281B market cap, 2.9% dividend, $145B debt. General Electric is a conglomerate that has exited financial services.
Unilever ADR UK (UL) – $48 (52 week high / low $38 / $48), $150B market cap, 2.9% dividend, $13B debt. Unilever is a British consumer goods company with a strong global presence. This is the ADR that pays out in British Pounds so that there is no tax withholding.
SAP ADR (SAP) – $89 (52 week high / low $62 / $89), $112B market cap, 1.5% dividend, $8B debt. SAP is a German software company with a strong global presence.
Elbit Systems ADR (ESLT) – $97 (52 week high / low $72 / $103), $4B market cap, 1.6% dividend, $0.4B debt. Elbit Systems is an Israeli defense contractor.