Financial Freedumb and Brownie

I’m planning on shifting approximately $50k from cash accounts to stocks. Specific stocks include Johnson & Johnson, Procter & Gamble, Dupont, IBM, Wal-Mart, VZ, 3M, Raytheon, GE. I haven’t decided yet, so there is no “winner” at this moment…but soon.

I would really like to consider some alternative energy stocks as well…anyone have some input on any stocks I should consider? I don’t know where to start…so many alternative energy stocks to choose from.

My primary requirements for stock consideration:
- Near 52wk low?
- Chart indicates flat performance or down pattern?
- Dividend?
- Comparison to competitors in same industry?
- Company outlook?
- Management?
- Aggressive compared to competitors in industry?

My personal 2007 financial considerations:
1. I may want to buy a house, I would like to have ~100k available for a downpayment. Serious shopping to start around June 2007.
2. I have some CDs set to mature, latest one in June 2007.
3. These are not retirement stock investments. My retirement stocks are invested in company provided funds.

Johnson & Johnson (JNJ)
Current: 57.91, 52wk low: 56.70
Dividend: ~2.3%
I like this stock. A great brand, more baby boomers retiring, long term, I think this stock is a great buy.

Procter & Gamble (PG)
Current: 56.60, 52wk low: 51.91
Dividend: ~2.2%
Both JNJ and PG look good.

Du Pont (DD)
Current: 43.30, 52wk low: 37.60
Dividend: ~3.4%

3M (MMM)
Current: 80.97, 52wk low: 69.71
Dividend: ~2.3%
I don’t really like 3M compared to DD and JNJ.

General Electric (GE)
Current: 33.89, 52wk low: 32.21
Dividend: ~3.0%
Compared to C, PHG, and SI, GE’s stock performance looks flat.

Wal-Mart (WMT)
Current: 45.77, 52wk low: 42.31
Dividend: ~1.5%
I like Wal-Mart compared to COST and TGT, they are trading lower and have a better outlook. Of course they are huge, may be too big in fact…

Verizon (VZ)
Current: 32.81, 52wk low: 29.13
Dividend: ~4.9%
Overall the telecom industry is questionable…with VoIP, wireless, I’m wondering where telecom will go. Plain old telephone lines will be here for a while though…Great dividend.
Aggressive advertising.

Raytheon (RTN)
Current: 43.69, 52wk low: 35.96
Dividend: ~2.2%
Not really the best time to get into this stock, but I like the outlook for the military industry.

International Business Machines (IBM)
Current: 81.93, 52wk low: 71.85
Dividend: 1.0%
Not real attractive although they have been flat for sometime now…I’m not so confident in the tech industry…Dividend payout is fairly low.

Previous posts:
Major Asset Allocation, But Where? Part 2
Asset Reallocation, Version 1.0
Major Asset Allocation, But Where? Part 1

I also found a post by Dividend Guy that had info on using the Yahoo! Stock Screener…sounds pretty cool, I may check it out later…May 1st is quickly approaching! I gotta get my funds ready. Any feedback, ideas?