Top 10 Income Stocks To Own Right Now

Top 10 Income Stocks To Own Right Now: Omnicom Group Inc.(OMC)

Omnicom Group Inc., together with its subsidiaries, provides advertising, marketing, and corporate communications services. It offers services in traditional media advertising, customer relationship management, public relations, and specialty communications groups. The company?s services include advertising, brand consultancy, corporate social responsibility consulting, crisis communications, custom publishing, database management, digital and interactive marketing, direct marketing, directory advertising, entertainment marketing, environmental design, experiential marketing, field marketing, financial/corporate business-to-business advertising, graphic arts, healthcare communications, and instore design. Omnicom Group also offers investor relations, marketing research, media planning and buying, mobile marketing services, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement, promotional marketing, public affairs, public relations, recruitment communications, reputation consulting, retail marketing, search engine marketing, and sports and event marketing services. It offers its services in the Americas, Europe, the Middle East, Africa, Asia, and Australia. The company was founded in 1944 and is based in New York, New York.

Advisors' Opinion:

• [By Geoff Gannon]

  I suppose I could lay out the same sorts of iffy arguments for stocks Ive bought. Omnicom (OMC) and IMS Health were bought during a stock market panic. And a panic can explain anything. Advertising was going to be weak for a couple years in a global recession. People thought this wasnt the time to buy an advertising company. IMS Health was a healthcare company while healthcare reform was being discussed. Some Senators brought up things they didnt like about IMS Health in regards to patient privacy. And one state actually passed legislation that couldve harmed IMS Health. But none! of this seemed all that material to the stock. And its kind of hard to see how people would actually believe it was material to the companys business. Its not like they were debating the fees IMS Health could charge (the way credit card companies, banks, etc., were being discussed).

• [By Geoff Gannon] of course Berkshire Hathaway (BRK.A)(BRK.B). There is nothing wrong with owning huge stocks. There is something wrong with spending a lot of time picking them.

  The best way to own huge stocks is to own an index fund. You only need one. So go with the S&P 500. Mutual funds are mostly a waste of time. There are a couple like Fairholme that really do make big, concentrated bets that dont mirror index funds. And there are some other funds like Hussman Strategic Growth and Third Avenue Focused Credit that are structured to do something other than chase an index. Im not sure those funds will perform well. I am sure they will give you diversity. Theyll actually add something to your account beyond most mutual funds.

  The biggest problem for most investors is bad timing. They are greedy when others are greedy and fearful when others are fearful. Thats a problem no matter what you invest in. Its a problem in an index fund. Its a problem in a mutual fund. And its a problem in a stock. The biggest challenge for most investors is getting over that. If you can be greedy when others are fearful and fearful when others are greedy you can make money in index funds, mutual funds and individual stocks. If not, you will always underperform the assets you invest in.

  Can you do any better than that though? Can you actually improve on an indexs performance through stock picking?

  Sure. And its not that hard. There are many strategies that outperform indexes. Ive mentioned a few before. I will once again mention an insanely simple one that will tend to work over time.

  Rule #1: Never pay more than 8 times EBITDA for a stock.

  Rule #2: Never buy a stock that has lo! st money ! in any of the last 10 years.

  Rule #3: Never sell a stock within the first year of buying it.

  Rule #4: Hold 10 stocks.

  Rule #5: Hold the stocks with the longest history of consistent profit s.

  This is a ve

• [By Monica Gerson]

  Omnicom Group (NYSE: OMC) is estimated to report its Q3 earnings at $0.80 per share on revenue of $3.48 billion.

  Interactive Brokers Group (NASDAQ: IBKR) is projected to post its Q3 earnings at $0.34 per share on revenue of $336.48 million.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-income-stocks-to-own-right-now-3.html