Molson Coors' terminal decline in beer sales looks priced in, so returns from current levels should be fine, backed by a 4.5% dividend easily covered by cash flow. x.com 

Quality dividend stocks look like a great place to be over the next few years as the crowded tech trade unwinds. Per @PeterBerezinBCA, in the early dotcom bust tech crashed while the rest of the market rose, so the hedge for stocks was other stocks. A quality dividend basket holds old-economy, cash-generative businesses at sane multiples, while the index hides 50% of its weight in names at 10 times sales. That outweighs a general dislike of dividends as inefficient, taxable compounding. x.com  … Show more

Conagra is priced for permanent decline when the market is really pricing in fear, setting up a turnaround. Its brands, including Slim Jim, Duncan Hines and Birds Eye, sit in 90% of American pantries, yet the stock is down 45% from its highs. A director bought $358,500 of stock at the 52-week low, a new CEO arrives June 1 after an 11-year tenure, and a 9.8% dividend yield pays holders to wait. Morningstar puts fair value at $32 versus a $14 price. x.com 

Whirlpool is a high-yield stock to avoid, alongside Walgreens Boots Alliance, because its payout ratio showed the dividend risk in advance. Management described recession-level demand, cash flow turned negative, the payout ratio hit 120% and the dividend was cut. Walgreens was worse, cutting its dividend 48% in early 2024 to 25 cents a share after a 47-year record. x.com 

Molson Coors is a pretty good business priced far too cheaply at 8.5x 2027 earnings, with well-structured, well-termed debt. The stock is suppressed because it is a consensus funding short, and terminal-risk concerns should evaporate as the market eventually agrees, as long as management avoids bad M&A. x.com