I just happened too be browsing around looking for something; I can't remember what when I saw this little gem of stock Oregon Bancorp (ORBN) now as we speak for $33.00 a share. So I want to add it to our mock portfolio. It has so many things going for it which makes it a perfect little add. First off it is a banking stock which we don't have. Yes there is T.Rowe Price which is more of a brokerage financial institution, while Oregon Bancorp is a bank. Selling at $33.00 a share it is easily affordable for you, me and the average investor to buy. Oregon Bancorp is listed on the Over the Counter Pink Sheets. In the old days on the New York stock exchange these shares did not sell all that often and were listed on actual pink sheets of paper that's why they are still called "Pink Sheets"
Oregon Bancorp just had a blowout quarter with their financials it seems the company is really doing things right. I looked over several charts by them first looking at the five year chart. They really keep going up, up, up at a steady pace. Yes looks like they have had some choppy waters due to the Corona Virus Pandemic but that has hurt a lot of companies in 2020. Final point that makes Oregon Bancorp attractive is that they pay a $0.44 per year; it's always nice to add a dividend stock.
This really helps to make our portfolio well rounded which is now divided up into different sectors of the market and has some "Stellar Players" Quick growth; along with some "Granny Stocks" (term for safe dividend stocks you would place an elderly lady into). A few "Small Cap" a few "Mid Cap" a few "Large Cap" (Cap short for capitol). Please read back to past articles if you are getting lost in some of the terminology being used in this article. This blog is intended to teach you Wall Street and is not intended to provide financial advise please see disclaimer below and check out our advertisers.
I thank you for the overwhelming response to these articles I really appreciate that happy investing!
Winner of Wall Street Journal Dartboard Contest March 2009
Donations: Paypal: email@example.com this blog is meant for entertainment and educational purposes only investments and purchases are your choice and I always recommend speaking with a licensed financial advisor before making any investment decisions.
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