Nobody’s getting their stock quotes in fractions from the pages of the Wall Street Journal. We’re not worried about whether or not that phone call we make is long-distance or local. And we’re certainly not pounding those numbers out on a rotary phone, if we’re actually putting in the numbers at all. So why are you still investing in dinosaur companies that are collapsing under their own weight?
This earnings season should be a wake-up call for many investors. Those bellwethers of yesterday are not the well-run companies that offer great value and a healthy dividend. They are behemoths struggling to regain their footing as the market changes rapidly around them. Here we’ve got three huge companies grandpa bought in the 1970s for you that you need to reassess for the next forty years.