Long
j2 Global long term investment idea
Updated
This is a potential long term dividend growth play in cloud technologies. They offer business and consumer cloud storage/backup/disaster recovery solutions, as well as many other cloud based applications. They also own and operate a collection of popular web sites, which generate ad revenues. Longer term they either get crushed by competition, thrive, or get bought out. Their margins are declining but cash flow is climbing enough to more than compensate for now. I do not own it yet but am considering it now. I would like to get in around 70-75 though.
Its current dividend of 1.7% has dividend growth which has been steady since they started in 2011 at around 11%/year. That would equate to a 6.3% yield on cost in 10 years. So if this can last at least 10 years it is an excellent dividend growth find.
Disclaimer Note: I will only share the best ideas I have, simply because I want to help others, as no one has helped me. I own shares in every idea unless stated otherwise. After many years of study I believe I understand the markets well. My personal goal is to save enough in the next 10 years so I can have some retirement time before I am dead. I hope this information can help others as well.
Its current dividend of 1.7% has dividend growth which has been steady since they started in 2011 at around 11%/year. That would equate to a 6.3% yield on cost in 10 years. So if this can last at least 10 years it is an excellent dividend growth find.
Disclaimer Note: I will only share the best ideas I have, simply because I want to help others, as no one has helped me. I own shares in every idea unless stated otherwise. After many years of study I believe I understand the markets well. My personal goal is to save enough in the next 10 years so I can have some retirement time before I am dead. I hope this information can help others as well.
Note
I missed the entry on this one, as it never dipped down to my buy target. I will try to be patient and maybe earnings will give me another shot at a dip.
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