A stock I like

After reading The Black Swan: Second Edition: The Impact of the Highly Improbable: With a new section: "On Robustness and Fragility"
I convinced myself that every portfolio should have a collection of research oriented bio-pharmaceutical stocks.

Crucell (CRXL) is a dutch bio-pharmaceutical company that specializes in vaccines for infectious diseases. It was founded as a research lab and they merged with another company that had rights to many vaccines about 4 years ago, giving them a steady cashflow to finance their research. I think they're well positioned to hit a homerun.

A diversified high yield portfolio

Looking for stocks with above average yields in these investment sectors I found.

Genuine Parts Company GPC, 4.57 yld, auto parts distributor
Pengrowth Energy Trust PGH, 13.42%, oil and gas trust
Paychex PAYX, 4.5%, payroll services
Rocky Mountain Chocolate Factory RMCF, 4.88%
Espey ESP, 5.88%
Essex Property Trust, ESS, 5.48%
Psychemedics Corp PMD, 7.25%, consumer drug test product
World Wrestling Ent WWE, 6.6%
Monarch Community Bancorp MCBF, 9.56%, a rural bank in SW Michigan
BlackRock California Insured Muni Income Trust (BCK) , 6.4%
Great Northern Iron Ore, GNI, 12.54%, Mining trust
Ship Financial International SFL, 9.51%, Shipping company w/diversified inventory of ships
Nicor, GAS, 5.1%, natural gas utility

A diversified portfolio of dividend paying stocks

Automobile Sector.
It's hard to find an automobile manufacturer that pays a dividend, but the industry isn't all manufacturs. Penske is a diversifiedPensk automobile and transportation industry company, owns retail dealerships, truck leasing operations, parts distribution and other automobile and transportation services.
Penske, PAG, Div yld 1.8%

Energy
Exxon-Mobil is a really obvious choice here. Large and stable with a very good dividend yeild.
Exxon-Mobil, XOM, Div yld 2.4%

Business Services
One way to target an investment in small companies is to invest in companies that provide services to small companies. One such example is Paychex who provides payroll and other human resources services
Paychex, PAYX, Div yld 4.5%

Retail
It's hard to go wrong with WalMart.
WalMart, WMT, Div yld 2.2%

Technology
Espey Mfg. & Electronics Corp. engages in the development, design, production, and sale of electronic power supplies, various transformers and iron-core components, and electronic system components primarily in the United States. They have a toe in the technology sector, but they are not sexy. The dividend yeild is solid -- very high, but solid.
Espey, ESP, Div yld 5.88%

Housing
Essex Properties is a high risk REIT, investing primarily in West Coast apartment complexes. West Coast residential real estate isn't exactly a stable market these days. But sometimes a little risk can be a good thing.
Essex Properties, ESS, Div yld 5.48%

Health Care
Pfizer is a large, stable drug company.
Pfizer, PFE, Div Yld 4%

Recreation
World Wrestling Entertainment produces cheap to produce TV wrestling that provides family entertianment which is cheap and isn't impacted by the price of gasoline.
World Wrestling, WWE, Div yld 6.6%

Financial
Some banks are solid and well management no matter what happens in the market. Northern Trust is one such bank.
Northern Trust, Bank, TNTB, 1.8%

Government
One way to take a gamble on the recovery of the California economy is a closed end munie fund of insured California Municipal bonds.
BlackRock California Insured Municipal Income Trust (BCK), Div yld 6.4% (mostly nontaxable)

Basic materials and commodities
You can't get much more basic than an oil and gas trust.
Sabine royalty trust, SBR, div yld 6%


Transportation
United Parcel Service, UPS, Div yld 3.33%

Utilities
Nicor is a utility company in the Chicago area that is diversified into some transportation industries.
Nicor, GAS, 5.1%

Food and agriculture
Monsanto is one of the biggest players in agriculture
Monsanto, MON, Div yld 1.3%

Consumer products
Proctor and Gamble is still going strong in consumer products
Proctor&Gamble, PG, Div Yld 3.4%

USBancorp

USBancorp (USB) is a buy.

They escaped any real damage from the Wall Street collapse. But they're still getting bailout money, as capital to use in buying smaller banks who crippled themselves by speculation in the subprime mortgage market.

They have a reall good dividend yield also.

UPS

I like UPS.

They have a strong dividend yield and a relatively low institutional ownership.

I recommend purchase.

Exxon-Mobil

Exxon-Mobil stock prices has fallen but not due to any significant changes in the company fundamentals. Overall fear of the global economy, recent drops in crude prices, and hurricane damage to refineries has driven the stock price drop.

But I think fear of the global economy disruptions is being oversold, crude price drops just brings the prices in line with what it was a few months ago, and hurricane risk has been with Exxon-Mobil since forever.

I think it's a solid buy. Institutional investors only hold about 1/2 of it right now, and that's mostly because of what's happening to the financial institutions, not because of Exxon-Mobil. So that's very much a good thing.

Paychex (PAYX)

Paychex is a payroll services company. That's not a high growth industry and they are selling at a P/E multiple that I consider a little high (20).

But other numbers look better. They're trading near the 52 week low and they pay a nice, steady dividend.

It has 71% institutional ownership which isn't all that great, but not too bad.

Ohio Valley Banc Corp (OVBC)

I mentioned them before.ou

The only drawback seems to be that they are very slimly traded, not a real dynamic market. But looks to be a solid, small regional bank. This isn't a bunch of Wall Street con artists and Yale frat boys. Don't put more than 1-2% of your portfolio in this stock.

ATTn(T)

I recommend this stock.

UPDATE;
I like the numbers.

Open: 29.24 Mkt Cap: 177.20B P/E: 13.53 Dividend: 0.40
High: 30.55 52Wk High: 42.97 F P/E: 14.38 Yield: 5.32
Low: 29.06 52Wk Low: 27.51 Beta: 1.12 Shares: 5.89B
Vol: 32.76M Avg Vol: 28.18M EPS: 2.22 Inst. Own: 59%

It's selling near a 52 week low which I take as a good sign.

P/E indicates it's fairly priced (I consider 14 a typical healthy multiple).

It has a nice dividend yield.

It's not terribly heavy in institutional ownership. Institutions tend to move as a herd and too much institutional ownership indicates too much potential for selling pressure.