Week 2, 2020

First up is Bank of Nova Scotia (BNS). They are the third largest bank in Canada, employ 88,000 people and have nearly $1 trillion in assets. Recent numbers look great to me and the current yield is 4.8%.

For Tuesday our pick is The Gap (GPS). We traded this stock last October and made a 3.17% return in one week. The current yield is 5.5%.

Next in line is Ethan Allen (ETH). We traded this last year in Weeks 15, 28 and 41 and had returns over 2% each time. Earnings have been on the rise and the current yield is 4.6%.

On Thursday we’ll go with General Mills (GIS). We traded this last year in Week 15 and made 2.9% in a couple days. General Mills has paid dividends without fail for 120 straight years and the current yield is 3.7%.

We’ll finish out the week with Hormel Foods (HRL). This is a solid dividend machine that we traded in Weeks 2, 28 and 42 last year. The returns weren’t as large as many of our other trades, but they were consistent. They’ve been making excellent chili for over 100 years and the current yield is 2.1%.