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3 Stocks I’m Eyeing (February 2022)
New month, new opportunities. After January’s big correction, there a lot of companies trading at a discount.
As such, here are three stocks I’m eyeing for February, 2022.
1. Hingham Institution For Savings
Hingham Institution for Savings is the reason I titled this article 3 Stocks I’m Eyeing and not 3 Stocks I’m Buying. Shares of this regional lender have fallen from their all-time high.
The problem?
I’m still up considerably on this stock and its dividend yield (less than 1% with special payouts) really handicaps any immediate cash flow potential.
As such, I don’t know if buying the dip is the best use of my finite capital.
However, I’ll probably add a little of this company.
Why? Because Hingham has historically delivered extraordinary returns. And as a long-term play, the company should be able to continue growing its share price and raising its dividend.
Hingham might not seem like a deep-value or high yielding stock, but the company reminds me of some other fairly priced buy-and-hold…
