(10-03-2018, 01:33 PM)saimash Wrote: Hello Guys.... I've been away for a long time and finally decided to post a question on this forum.
I'm a Medtronic employee and have been taking part in their ESPP program (15% lower than market) and have opted into their DRIP program.
Over the years I've acquired about 788 shares of MDT with a decent Return.... But now that the stock has grown nicely, my Avg Cost Basis has also risen to almost $ 73.33.
Is it a good idea to keep investing in this or should I start focusing my cash in other stocks too
BTW, I do have some invested in MMM @ 197, IBM @ 109, STX @ 20.64 (which has given me the best returns till date) @  & BUD @ 87.96
I'm also invested in several Mutual Funds (mainly through my Investment Advisor (DIDI, FCPIX, FISMX, IVW, IVE, IJT, IYC) to get a diversified spread.

Any suggestions are welcome !!!

(10-03-2018, 04:22 PM)fenders53 Wrote:

(10-03-2018, 01:33 PM)saimash Wrote: Hello Guys.... I've been away for a long time and finally decided to post a question on this forum.
I'm a Medtronic employee and have been taking part in their ESPP program (15% lower than market) and have opted into their DRIP program.
Over the years I've acquired about 788 shares of MDT with a decent Return.... But now that the stock has grown nicely, my Avg Cost Basis has also risen to almost $ 73.33.
Is it a good idea to keep investing in this or should I start focusing my cash in other stocks too
BTW, I do have some invested in MMM @ 197, IBM @ 109, STX @ 20.64 (which has given me the best returns till date) @  & BUD @ 87.96
I'm also invested in several Mutual Funds (mainly through my Investment Advisor (DIDI, FCPIX, FISMX, IVW, IVE, IJT, IYC) to get a diversified spread.

Any suggestions are welcome !!!

It would be hard to not invest in Medtronic at 15% off.  That said, diversification is good and you are fat in the same company you depend on for your paycheck.  I am sure there are vesting rules but do you have other options to transfer to within your company 401K?   If so, I would be scraping some profits into something non-medical.  Not suggesting you day or swing trade, but sector rotation happens several times a year, and there are a few times a year when a stock appears to be ahead of itself.  Maybe peel off 100 shares now and then, if you are allowed without losing your discount via penalty.  There are
bigger problems in this world than to be stuck with 788 shares of Medtronic but I like to be diversified.  If you have a couple million dollars in those mutual funds then just ignore me. 

(10-03-2018, 04:22 PM)fenders53 Wrote:

(10-03-2018, 01:33 PM)saimash Wrote: Hello Guys.... I've been away for a long time and finally decided to post a question on this forum.
I'm a Medtronic employee and have been taking part in their ESPP program (15% lower than market) and have opted into their DRIP program.
Over the years I've acquired about 788 shares of MDT with a decent Return.... But now that the stock has grown nicely, my Avg Cost Basis has also risen to almost $ 73.33.
Is it a good idea to keep investing in this or should I start focusing my cash in other stocks too
BTW, I do have some invested in MMM @ 197, IBM @ 109, STX @ 20.64 (which has given me the best returns till date) @  & BUD @ 87.96
I'm also invested in several Mutual Funds (mainly through my Investment Advisor (DIDI, FCPIX, FISMX, IVW, IVE, IJT, IYC) to get a diversified spread.

Any suggestions are welcome !!!

It would be hard to not invest in Medtronic at 15% off.  That said, diversification is good and you are fat in the same company you depend on for your paycheck.  I am sure there are vesting rules but do you have other options to transfer to within your company 401K?   If so, I would be scraping some profits into something non-medical.  Not suggesting you day or swing trade, but sector rotation happens several times a year, and there are a few times a year when a stock appears to be ahead of itself.  Maybe peel off 100 shares now and then, if you are allowed without losing your discount via penalty.  There are
bigger problems in this world than to be stuck with 788 shares of Medtronic but I like to be diversified.  If you have a couple million dollars in those mutual funds then just ignore me. 

(10-09-2018, 10:06 AM)vbin Wrote: Added AAL.

(10-09-2018, 12:12 PM)fenders53 Wrote:

(10-09-2018, 10:06 AM)vbin Wrote: Added AAL.

Are they down due to bond prices or very expensive fuel the next year or so?  I haven't followed airline stocks lately.