I like having commodities in the portfolio. Commodity prices are sure to rise as the U.S., Japan, and other countries print money and devalue their respective currencies. I also like the idea of holding shares of a company based outside of the U.S. for portfolio diversification.
From FAST Graphs:
EPS are continuing to grow, while the share price is well below "fair" value, and the normal PE level for this stock. The company's dividend history isn't stellar, but pretty good the past several years as shown below:
I chose BBL vs. BHP because they are based in the UK vs. Australia, and do not tax dividend payments to the U.S. Thus, in my IRA, I get the full 3.6% yield. Morningstar has BBL ranked as a five star selection, here is their summary of the basic materials sector:
With the addition of BBL, here is a summary of the holdings sorted by the attractiveness at current
prices, highest to lowest:
Since my last update, I've made several changes: More AAPL and MSFT, sale of CLF, addition of BBL and KMI, and OHI.
That's all for now,