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
(01-06-2021, 12:39 PM)crimsonghost747 Wrote: [ -> ]Bought some Pepsi. This is definitely not a rocket but I think I'll be happy with this one in a few years/decades.
So last week I got bored and sold all my PEP because I think bulk soda sales might stink this quarter with the partial shutdown.  Immediately sold puts to try to get back in and drop my basis about $5.  It's good to be lucky.  I should probably close the deal tomorrow.
(01-06-2021, 02:08 PM)EricL Wrote: [ -> ]
(01-06-2021, 12:06 PM)kblake Wrote: [ -> ]What's the next group to fly?

Seems the pot, solar, and EV sectors are all hot.
It does seem that way.  Valuations were stupid six weeks or six months ago so buy quality that will actually make money when you can.  A few of the solar stocks prices are totally out of control vs reality earnings.  I am also going to watch what goes down due to the regime change.  This market is so desperate for something to buy and I bet it circles back around soon enough to but the "junk".
(01-06-2021, 05:16 PM)fenders53 Wrote: [ -> ]
(01-06-2021, 02:08 PM)EricL Wrote: [ -> ]
(01-06-2021, 12:06 PM)kblake Wrote: [ -> ]What's the next group to fly?

Seems the pot, solar, and EV sectors are all hot.
It does seem that way.  Valuations were stupid six weeks or six months ago so buy quality that will actually make money when you can.  A few of the solar stocks prices are totally out of control vs reality earnings.  I am also going to watch what goes down due to the regime change.  This market is so desperate for something to buy and I bet it circles back around soon enough to but the "junk".

I agree. Seems there is an insane amount of money sloshing around, moving from one hot thing to the next. When you have $700B stocks like TSLA moving the way it is, and thinking back to the powerful move in AAPL a few months back, it's just incredible.

Social media and ETF buying creates herds of buyers, moving things higher and higher. Moar stimulus that just passed, and more likely to come just keeps pushing things higher.
(01-06-2021, 05:22 PM)EricL Wrote: [ -> ]
(01-06-2021, 05:16 PM)fenders53 Wrote: [ -> ]
(01-06-2021, 02:08 PM)EricL Wrote: [ -> ]
(01-06-2021, 12:06 PM)kblake Wrote: [ -> ]What's the next group to fly?

Seems the pot, solar, and EV sectors are all hot.
It does seem that way.  Valuations were stupid six weeks or six months ago so buy quality that will actually make money when you can.  A few of the solar stocks prices are totally out of control vs reality earnings.  I am also going to watch what goes down due to the regime change.  This market is so desperate for something to buy and I bet it circles back around soon enough to but the "junk".

I agree. Seems there is an insane amount of money sloshing around, moving from one hot thing to the next. When you have $700B stocks like TSLA moving the way it is, and thinking back to the powerful move in AAPL a few months back, it's just incredible.

Social media and ETF buying creates herds of buyers, moving things higher and higher. Moar stimulus that just passed, and more likely to come just keeps pushing things higher.

Yes, this is classic asset inflation from an increase in the money supply. 

With the real economy in the state that it is in, you would not expect the S&P 500 to have posted 16+% gains in 2020. When you consider that the Fed balance sheet has posted a 100% gain in the same period, the market is actually pricing in economic reality, it's just that there are a lot more dollars in the system. 

If the Fed had done what it did during a period when the economy was healthy and growing, the S&P 500 should probably be over 6,500 by now.
The Fed does not buy securities directly, but when it injects trillions into the bond (including corporate and junk bond) markets, that allows investors who were upside-down on toxic paper to cash out without suffering the embarrassment of a loss on their risky investment, then put their money somewhere else. With interest rates at zero, that money goes into equities.
(01-06-2021, 05:50 PM)Otter Wrote: [ -> ]The Fed does not buy securities directly, but when it injects trillions into the bond (including corporate and junk bond) markets, that allows investors who were upside-down on toxic paper to cash out without suffering the embarrassment of a loss on their risky investment, then put their money somewhere else. With interest rates at zero, that money goes into equities.
And house prices. It's nuts in bay area. House prices are going though the roof despite companies moving out of cali.
Bought CRSP Bull Call spread135/140 16JUL21

Paid 2.45, max profit 2.55

Breakeven price 137.45 @ expiration

Anyone see a 28.00 drop by July?
Buying KO @ open. 3.25% yield has been very good time to add to KO. Previous 3.25% yield buy in prices- 16,19,32,36,40,43,45- now $50

I don't understand the drop now, we are closer to re-opening things than we have been. I think the drop is way overdone, when the economy re-opens, Coca-Cola will be there as it always has.
(01-07-2021, 07:11 AM)NilesMike Wrote: [ -> ]I don't understand the drop now, we are closer to re-opening things than we have been. I think the drop is way overdone, when the economy re-opens, Coca-Cola will be there as it always has.

There were three analyst downgrades of KO over the last few days, which is what caused the stock to drop.  It's crazy that a few analysts can move a stock 10% in three days.
(01-07-2021, 09:16 AM)DividendGarden Wrote: [ -> ]
(01-07-2021, 07:11 AM)NilesMike Wrote: [ -> ]I don't understand the drop now, we are closer to re-opening things than we have been. I think the drop is way overdone, when the economy re-opens, Coca-Cola will be there as it always has.

There were three analyst downgrades of KO over the last few days, which is what caused the stock to drop.  It's crazy that a few analysts can move a stock 10% in three days.

I stand corrected - there was a fourth downgrade this morning.  Of course, knowing what I know now, I wouldn't be surprised if their companies were short KO and needed to buy some shares.
[quote pid='23284' dateline='1610029089']
[quote pid='23283' dateline='1610028994']


There were three analyst downgrades of KO over the last few days, which is what caused the stock to drop.  It's crazy that a few analysts can move a stock 10% in three days.
[/quote]

I stand corrected - there was a fourth downgrade this morning.  Of course, knowing what I know now, I wouldn't be surprised if their companies were short KO and needed to buy some shares.
[/quote]
I need to go read the analyst downgrades.  I suspect it related to their bulk fountain" sales.  That is around half their sales and it global.  Too many lockdowns worldwide for the next couple quarter to be good.  It ran just a little too high with a highly predictable Covid wave inbound this past fall.  I'll be accumulating on the way down.  $45 Coke is about as safe as a CD with an actual yield.  It's not going that low short of market calamity nobody predicts.
(01-07-2021, 09:18 AM)DividendGarden Wrote: [ -> ]
(01-07-2021, 09:16 AM)DividendGarden Wrote: [ -> ]
(01-07-2021, 07:11 AM)NilesMike Wrote: [ -> ]I don't understand the drop now, we are closer to re-opening things than we have been. I think the drop is way overdone, when the economy re-opens, Coca-Cola will be there as it always has.

There were three analyst downgrades of KO over the last few days, which is what caused the stock to drop.  It's crazy that a few analysts can move a stock 10% in three days.

I stand corrected - there was a fourth downgrade this morning.  Of course, knowing what I know now, I wouldn't be surprised if their companies were short KO and needed to buy some shares.

KO will make the same $1.90 per share in earnings that it made back in 2011. A time during which it's payout ratio has grown from 50% to 75% of earnings.

The only time it showed EPS growth was in 2018, when it got a windfall from the corporate tax cut.

Since 2011, revenues have steadily declined from $46B to $33.5B, while long-term debt has grown from $13.6B to $39.5B.

Share count isn't even declining anymore, because there isn't enough cash left over after dividends and capital spending to fund buybacks.

KO=IBM, it's just financial engineering at this point. Unless there is a major catalyst, I don't see where growth will come from.
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