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What I Am Buying Today. - Printable Version

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RE: What I Am Buying Today. - ken-do-nim - 12-16-2021

ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account. Kind of glad the price is going down ... just needs to stay down through Feb/March.

IEP - Always a temptation! That P/E of 537 though ...


RE: What I Am Buying Today. - fenders53 - 12-16-2021

(12-16-2021, 11:05 AM)ken-do-nim Wrote: ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account.  Kind of glad the price is going down ... just needs to stay down through Feb/March.

IEP - Always a temptation!  That P/E of 537 though ...
This is another reason to always have a little cash, or holdings in some boring stocks you can dump and redeploy.  Valuation resets are normal and healthy.  Some great companies are going to get a beatdown sooner or later, and the market might not even crash while it's happening.  Money is starting to trickle into safer sectors that pay a dividend.  Don't know if it will last but I think the buy every dip crowd on overvalued stuff is going to be more hesitant for now.


RE: What I Am Buying Today. - MrFortune - 12-16-2021

(12-16-2021, 11:05 AM)ken-do-nim Wrote: ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account.  Kind of glad the price is going down ... just needs to stay down through Feb/March.

IEP - Always a temptation!  That P/E of 537 though ...

Yeah that 537 PE your seeing is not correct. Forward PE is 42 and then 23 earnings your looking at 31. So not as bad as you think once you put in the work,

Earnings are expected to be $8.70 in 2022. If oil does even better this stock will do very well. And good old Carl may go on the acquisition trail again lol 

For someone who loves high yields I'm surprised your not jumping on this one  Big Grin

100 shares would net you $200 in dividends per quarter. Not bad at all


RE: What I Am Buying Today. - ken-do-nim - 12-16-2021

(12-16-2021, 11:19 AM)MrFortune Wrote:
(12-16-2021, 11:05 AM)ken-do-nim Wrote: ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account.  Kind of glad the price is going down ... just needs to stay down through Feb/March.

IEP - Always a temptation!  That P/E of 537 though ...

Yeah that 537 PE your seeing is not correct. Forward PE is 42 and then 23 earnings your looking at 31. So not as bad as you think once you put in the work,

Earnings are expected to be $8.70 in 2022. If oil does even better this stock will do very well. And good old Carl may go on the acquisition trail again lol 

For someone who loves high yields I'm surprised your not jumping on this one  Big Grin

100 shares would net you $200 in dividends per quarter. Not bad at all

One reason is I hate LPs; if I recall correctly you have to submit a schedule K with your taxes.


What I Am Buying Today. - vbin - 12-16-2021

Sold tsm put and XLE CC


RE: What I Am Buying Today. - rnsmth - 12-16-2021

IEP - Has a SSD dividend safety rating of 35, putting in the Unsafe Dividend range.


RE: What I Am Buying Today. - fenders53 - 12-16-2021

(12-16-2021, 12:07 PM)rnsmth Wrote: IEP - Has a SSD dividend safety rating of 35, putting in the Unsafe Dividend range.
There is always a catch with way above market yields.  I don't choose to participate but for anyone who does, you really need to find out WHY the dividend isn't very safe so you can monitor it.  Failure to do so and you will get hurt eventually.  At some point you will likely give back years of dividends in a flash, and waiting it out usually won't fix it.  There is a middle ground I prefer to tread to spike my portfolios average yield a bit.


RE: What I Am Buying Today. - MrFortune - 12-16-2021

(12-16-2021, 11:40 AM)ken-do-nim Wrote:
(12-16-2021, 11:19 AM)MrFortune Wrote:
(12-16-2021, 11:05 AM)ken-do-nim Wrote: ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account.  Kind of glad the price is going down ... just needs to stay down through Feb/March.

IEP - Always a temptation!  That P/E of 537 though ...

Yeah that 537 PE your seeing is not correct. Forward PE is 42 and then 23 earnings your looking at 31. So not as bad as you think once you put in the work,

Earnings are expected to be $8.70 in 2022. If oil does even better this stock will do very well. And good old Carl may go on the acquisition trail again lol 

For someone who loves high yields I'm surprised your not jumping on this one  Big Grin

100 shares would net you $200 in dividends per quarter. Not bad at all

One reason is I hate LPs; if I recall correctly you have to submit a schedule K with your taxes.

Doesn't matter unless its in a IRA or roth. I bought it in my personal cash account. So that doesn't affect me 

Also UBTI limit which is $1000 annually. So something to keep an eye on if you on MLP ect min your roth or IRA. This is why I only buy in a personal account. There's always a work around lol . Most of an MLP's income is from it's primary business interests, therefore, you'd have to own a ton of shares to exceed the $1K UBTI limit.


RE: What I Am Buying Today. - MrFortune - 12-16-2021

Do you think the people who bought these names will ever see there money back? We call them bagholders

TDOC $308 to now $88
UPST $401 to $146
COUP - $377 to $151
AFRM - $176 to $94. (another Cramer Pump)
HOOD - $85 to $18
PTON - $171 to $39
ZM - $451 to $180
U - $210 to $133
PLTR - $45 to $17
CRWD - $299 to $199
DKNG - $75 to $27
SQ - $298 to $177
PYPL - $310 to $190

And the list goes on. How many here hold these names. I own a few. Yikes Wink

SOXL next one to be creamed Ken - do Wink It will fill the gaps at $44


RE: What I Am Buying Today. - cemanuel - 12-16-2021

I own PYPL. Bought it at $200 though. Not worried, also not a lot of it.


RE: What I Am Buying Today. - MrFortune - 12-16-2021

(12-16-2021, 02:07 PM)cemanuel Wrote: I own PYPL. Bought it at $200 though. Not worried, also not a lot of it.

Your ok at $200  Smile


RE: What I Am Buying Today. - TMW - 12-16-2021

Own PYPL. Down 22% SQ. Down 28% A few DKNG down 21% will hold but wish i had sold Draftkings at up 40%

NVDA down almost 20 today ?   What is everyone thinking. ?  Valuation