Dividend Growth Forum

Full Version: What Did You Buy Today?
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767
T back under $30 again. Stock sucks lol
(11-15-2018, 02:55 PM)divmenow Wrote: [ -> ]T back under $30 again. Stock sucks lol

Probably the safest 6.6% yield on the market. Not to imply that it is risk-free, as $180+ Billion debt is a staggering amount, even with their cash flow projections. That said, I like the stock here at historically high yields, and that we appear to be pretty late in the business cycle. As a counter-cyclical, T should outperform in a recessionary environment with falling interest rates, whenever that occurs (my best guess is sometime in 2H 2019). 

Despite all of the debt, I also like the TWX acquisition long-term. I think owning all of that content (HBO, all the Turner channels) is going to generate a ton of revenue in the long run, and place T ahead of its competitors. Can't say I'm a huge fan of DirecTV, but I think TWX is a different beast altogether.
Not sure T is on my 10 year hold list but they don't worry me too much right now. I'm confident they "get it" that debt has to be addressed. Eric regards it as a utility and I think he's not off base. But we got a chance it runs 20%+ if they get it mostly right and the DIV is ridiculous while we wait. I have good stocks getting beat up worse than T. HD comes to mind. Down like $35 and absolutely executing. Just reported earning and YOY growth rates and same store sales look amazing for a huge retailer. Mister market don't care but he'll notice some week soon IMO. After this beating I can't think of a much better retailer to own through upcoming holiday season.
Added XOM. Looking forward to add NVDA tomorrow wit it stays below $170
(11-15-2018, 09:47 PM)vbin Wrote: [ -> ]Added XOM. Looking forward to add NVDA tomorrow wit it stays below $170

You've got your wish. NVDA is at $167 right now!
Bought some BMY and ADM today.
(11-15-2018, 08:36 PM)fenders53 Wrote: [ -> ]Not sure T is on my 10 year hold list but they don't worry me too much right now.  I'm confident they "get it" that debt has to be addressed.   Eric regards it as a utility and I think he's not off base.  But we got a chance it runs 20%+ if they get it  mostly right and the DIV is ridiculous while we wait.   I have good stocks getting beat up worse than T.  HD comes to mind.  Down like $35 and absolutely executing.  Just reported earning and YOY growth rates and same store sales look amazing for a huge retailer.  Mister market don't care but he'll notice some week soon IMO.  After this beating I can't think of a much better retailer to own through upcoming holiday season.

I have a hard time buying consumer discretionary at the moment. Maybe consumer confidence and spending stays at highs, but I just get uneasy thinking that we are at the top part of the cycle for those stocks. They tend to unwind really fast/steep to the downside once market sentiment shifts. Was happy buying TGT last summer in the 50s, but only view it as a hold now. WMT looks way overpriced at the moment. 

Have quite a few on my shopping list for the next down-cycle, when all the headlines are doom & gloom, speculating that Amazon will put all other retailers out of business, or that consumers are tapped out and no one will ever shop or be extended credit again. Once those single-digit trailing P/E ratios arrive, I'm in. If everything goes to zero like the clickbait headlines during those times like to suggest, I figure I'll have bigger problems than just my portfolio.
(11-16-2018, 11:03 AM)Otter Wrote: [ -> ]
(11-15-2018, 08:36 PM)fenders53 Wrote: [ -> ]Not sure T is on my 10 year hold list but they don't worry me too much right now.  I'm confident they "get it" that debt has to be addressed.   Eric regards it as a utility and I think he's not off base.  But we got a chance it runs 20%+ if they get it  mostly right and the DIV is ridiculous while we wait.   I have good stocks getting beat up worse than T.  HD comes to mind.  Down like $35 and absolutely executing.  Just reported earning and YOY growth rates and same store sales look amazing for a huge retailer.  Mister market don't care but he'll notice some week soon IMO.  After this beating I can't think of a much better retailer to own through upcoming holiday season.

I have a hard time buying consumer discretionary at the moment. Maybe consumer confidence and spending stays at highs, but I just get uneasy thinking that we are at the top part of the cycle for those stocks. They tend to unwind really fast/steep to the downside once market sentiment shifts. Was happy buying TGT last summer in the 50s, but only view it as a hold now. WMT looks way overpriced at the moment. 

Have quite a few on my shopping list for the next down-cycle, when all the headlines are doom & gloom, speculating that Amazon will put all other retailers out of business, or that consumers are tapped out and no one will ever shop or be extended credit again. Once those single-digit trailing P/E ratios arrive, I'm in. If everything goes to zero like the clickbait headlines during those times like to suggest, I figure I'll have bigger problems than just my portfolio.

I have a hard time making a large purchase of almost anything right now.  Most everything is tough to justify unless you believe there is no chance of a recession.  We are too far into the cycle to rationally believe that.  I am old enough that I don't care to wait five years just to break even on a new purchase.  I'd love to hide all my equity money in utilities  and Med stocks.  It's just lunacy to think  you are somehow safe in a stock with slow growth and a PE of 25-30.  A few quality utilities are there now.  The consumer non-durables aren't too far behind in over-valuation. 

On another subject is it OK to rant at analysts and  brokerage houses?  BofA Merrill Lynch downgrades Home Depot today.  Where were  they about 40 points ago 90 days ago when they had a buy on it?  Do people pay them for this idiotic advice?   The answer is yes unfortunately.   

I have plenty of money riding on the market but I will keep a lot of cash on hand.  Who knows when the real sale on equities is coming, but it's coming some year soon. It's the only thing I can think of that makes any sense currently. None of it matters when you are 30. Just find good companies for the very longterm and hold on.
(11-15-2018, 09:47 PM)vbin Wrote: [ -> ]Added XOM. Looking forward to add NVDA tomorrow wit it stays below $170

(11-16-2018, 10:13 AM)EricL Wrote: [ -> ]
(11-15-2018, 09:47 PM)vbin Wrote: [ -> ]Added XOM. Looking forward to add NVDA tomorrow wit it stays below $170

You've got your wish. NVDA is at $167 right now!

Another example of why valuation ALWAYS matters in then end.  Even after a fall from $250 you still have investors sitting on a 100% gain in just a few years.  Great company but it's still a momentum stock plain and simple. Somebody always gets burned when it runs out of gas. Good chance it goes lower when the margin calls ramp up this weekend.
(11-16-2018, 01:52 PM)fenders53 Wrote: [ -> ]
(11-16-2018, 11:03 AM)Otter Wrote: [ -> ]
(11-15-2018, 08:36 PM)fenders53 Wrote: [ -> ]Not sure T is on my 10 year hold list but they don't worry me too much right now.  I'm confident they "get it" that debt has to be addressed.   Eric regards it as a utility and I think he's not off base.  But we got a chance it runs 20%+ if they get it  mostly right and the DIV is ridiculous while we wait.   I have good stocks getting beat up worse than T.  HD comes to mind.  Down like $35 and absolutely executing.  Just reported earning and YOY growth rates and same store sales look amazing for a huge retailer.  Mister market don't care but he'll notice some week soon IMO.  After this beating I can't think of a much better retailer to own through upcoming holiday season.

I have a hard time buying consumer discretionary at the moment. Maybe consumer confidence and spending stays at highs, but I just get uneasy thinking that we are at the top part of the cycle for those stocks. They tend to unwind really fast/steep to the downside once market sentiment shifts. Was happy buying TGT last summer in the 50s, but only view it as a hold now. WMT looks way overpriced at the moment. 

Have quite a few on my shopping list for the next down-cycle, when all the headlines are doom & gloom, speculating that Amazon will put all other retailers out of business, or that consumers are tapped out and no one will ever shop or be extended credit again. Once those single-digit trailing P/E ratios arrive, I'm in. If everything goes to zero like the clickbait headlines during those times like to suggest, I figure I'll have bigger problems than just my portfolio.

I have a hard time making a large purchase of almost anything right now.  Most everything is tough to justify unless you believe there is no chance of a recession.  We are too far into the cycle to rationally believe that.  I am old enough that I don't care to wait five years just to break even on a new purchase.  I'd love to hide all my equity money in utilities  and Med stocks.  It's just lunacy to think  you are somehow safe in a stock with slow growth and a PE of 25-30.  A few quality utilities are there now.  The consumer non-durables aren't too far behind in over-valuation. 

On another subject is it OK to rant at analysts and  brokerage houses?  BofA Merrill Lynch downgrades Home Depot today.  Where were  they about 40 points ago 90 days ago when they had a buy on it?  Do people pay them for this idiotic advice?   The answer is yes unfortunately.   

I have plenty of money riding on the market but I will keep a lot of cash on hand.  Who knows when the real sale on equities is coming, but it's coming some year soon.  It's the only thing I can think of that makes any sense currently.  None of it matters when you are 30.  Just find good companies for the very longterm and hold on.

I'm in my (late) 30s. I still think valuation is an important component of any purchase decision. I'd rather be wrong about picking up shares in a quality aristocrat at 15 P/E in advance of the next downturn, than be wrong and have paid 20+. Peak to trough to peak is a lot shorter that way, and my overall yield is better at the end of the day.
(11-16-2018, 02:36 PM)Otter Wrote: [ -> ]
(11-16-2018, 01:52 PM)fenders53 Wrote: [ -> ]
(11-16-2018, 11:03 AM)Otter Wrote: [ -> ]
(11-15-2018, 08:36 PM)fenders53 Wrote: [ -> ]Not sure T is on my 10 year hold list but they don't worry me too much right now.  I'm confident they "get it" that debt has to be addressed.   Eric regards it as a utility and I think he's not off base.  But we got a chance it runs 20%+ if they get it  mostly right and the DIV is ridiculous while we wait.   I have good stocks getting beat up worse than T.  HD comes to mind.  Down like $35 and absolutely executing.  Just reported earning and YOY growth rates and same store sales look amazing for a huge retailer.  Mister market don't care but he'll notice some week soon IMO.  After this beating I can't think of a much better retailer to own through upcoming holiday season.

I have a hard time buying consumer discretionary at the moment. Maybe consumer confidence and spending stays at highs, but I just get uneasy thinking that we are at the top part of the cycle for those stocks. They tend to unwind really fast/steep to the downside once market sentiment shifts. Was happy buying TGT last summer in the 50s, but only view it as a hold now. WMT looks way overpriced at the moment. 

Have quite a few on my shopping list for the next down-cycle, when all the headlines are doom & gloom, speculating that Amazon will put all other retailers out of business, or that consumers are tapped out and no one will ever shop or be extended credit again. Once those single-digit trailing P/E ratios arrive, I'm in. If everything goes to zero like the clickbait headlines during those times like to suggest, I figure I'll have bigger problems than just my portfolio.

I have a hard time making a large purchase of almost anything right now.  Most everything is tough to justify unless you believe there is no chance of a recession.  We are too far into the cycle to rationally believe that.  I am old enough that I don't care to wait five years just to break even on a new purchase.  I'd love to hide all my equity money in utilities  and Med stocks.  It's just lunacy to think  you are somehow safe in a stock with slow growth and a PE of 25-30.  A few quality utilities are there now.  The consumer non-durables aren't too far behind in over-valuation. 

On another subject is it OK to rant at analysts and  brokerage houses?  BofA Merrill Lynch downgrades Home Depot today.  Where were  they about 40 points ago 90 days ago when they had a buy on it?  Do people pay them for this idiotic advice?   The answer is yes unfortunately.   

I have plenty of money riding on the market but I will keep a lot of cash on hand.  Who knows when the real sale on equities is coming, but it's coming some year soon.  It's the only thing I can think of that makes any sense currently.  None of it matters when you are 30.  Just find good companies for the very longterm and hold on.

I'm in my (late) 30s. I still think valuation is an important component of any purchase decision. I'd rather be wrong about picking up shares in a quality aristocrat at 15 P/E in advance of the next downturn, than be wrong and have paid 20+. Peak to trough to peak is a lot shorter that way, and my overall yield is better at the end of the day.

Not bashing aristocrats at all as I own more than a few.  The list of them with a 15 PE that don't have some financial fleas is very short though.  It's a unique time we are in.  You'll never buy anything if you get too stuck on truly low valuations of decades past.   I'd never suggest that to a younger investor.

Has everyone here watched the youtube video that illustrates the downside charts of all the current aristocrats in the last recession?  I can post a link.  It's a must watch for a DGI investor IMO.  I would hope it doesn't scare anybody away from the market, but there is a huge difference from one industry to the next.  The current balance sheet really matters when it gets ugly.  More so than the famous 50+yr old brand.

And I don't think we are actually arguing Otter.  Smile   Let's hope for some resolution of macro issues and this discussion may be premature.  That's my hope anyway.  In the mean time valuation of new purchases matters.
I know it's not a divi stock but I bought more FB and added to TECHY
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767