 |
 |
 |
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Ranked Dividend Stock IDT is OversoldBy Dividend Channel Staff, Monday, October 31, 11:36 AM ET
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. IDT Corp. (NYSE:IDT) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making IDT Corp. an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of IDT entered into oversold territory, changing hands as low as $11.54 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of IDT Corp., the RSI reading has hit 26.5 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 57.3. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, IDT's recent annualized dividend of 0.92/share (currently paid in quarterly installments) works out to an annual yield of 4.41% based upon the recent $20.86 share price. A bullish investor could look at IDT's 26.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on IDT is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
According to the ETF Finder at ETF Channel, IDT makes up 1.32% of the Dynamic Utilities Portfolio ETF (AMEX:PUI) which is trading lower by about 0.6% on the day Monday. See what other ETFs contain IDT » IDT operates in the Communications Services sector, among companies like LM Ericsson Telephone Co (NASDAQ:ERIC) which is off about 1.6% today, and Telefonos de Mexico SAB de CV (TMX) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of IDT, versus ERIC and TMX.
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO'' The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
Find the right mix of model portfolios today at PortfolioChannel.com
This Article's Word Cloud:
Channel
Corp
Dividend
ERIC
Monday
Oversold
Portfolio
about
always
among
asset
average
below
bullish
chart
coverage
currently
data
designed
dividend
escape
even
fillColor
formula
height
history
interesting
investors
look
lower
most
other
oversold
performance
portfolio
price
reading
recent
share
stock
stocks
territory
that
today
trading
universe
verify
what
which
yield
| |||||||||||||||||||||
Now Playing:
Learn About The RSI
Start slideshow: