New High for CR Bard

Shares of CR Bard (BCR) reached a new high today. This comes two weeks after they reported very good earnings.

The stock has been on our Buy List since 2012. I wanted to pass along an important lesson for investors. Oftentimes, a very good buy only really pays off for you after a few years.

Check out the chart below. After two years, Bard was a decent stock for us. But look what happened after 2015. Only since then has it turned into a home run.

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Next month, Bard should raise their dividend again. The company has raised its dividend every year since 1972.

Posted by on May 9th, 2016 at 8:53 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.