Disliked{quote} Hey deltaone ... ...a good stock dividend ... P.S. What basic idea, in the pair trading, you followed and which entry point?Ignored
yes, bmw has a good dividend yield (around 4%) and a nice p/e ratio (around 8). it´s not a part of my stock portfolio as long as i have vw (lower dividend yield but cheaper by 1/4 looking at the p/e-ratio) and i don´t wan´t to increase my exposure to the automotive industry atm.
https://www.barclayhedge.com/researc...efinition.html
i´m very confident since quite a while that tesla is by far the most overvalued stock in the sector but waited for the price to show continuing weakness. the market capitalisation of tesla reminds me of 1990´s when many stocks were viewed as hot - cash burn rate as the figure to look at.
entry point shown in the quoted post: bmw @83,99, tesla @328,80
fortis fortuna adiuvat