11 months ago
Friday, December 12, 2008
Investing Pittsburgh: Welcome to the Portfolio, Heinz
The above charts are Heinz (HNZ) for the last couple weeks. I don't know why the resolution turned out so bad, but I don't really have time to fix it. Essentially it hit it's 52 week low earlier this week and then has been relatively flat. It looks to me that it has met some resistance at about 35 or 36. Since it's trading at 36.14, I don't think there's too much more give in it. The other nice thing about HNZ is that today is the dividend date, so it's time to buy in and get that dividend. Especially with a current yield of 4.59%.
Investing Pittsburgh is a regular part of this blog. It details the ins and outs of a mock portfolio of Pittsburgh Stocks invested and managed by me. For a list of all of the previous "Investing Pittsburgh" posts, click here.