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Anyone got their eye on any bargains in this mini-pullback?
XOM under $85 is tempting to me.
And I've wanted a small position in BRK-B for a long time now. I was close to pulling the trigger at $138 a few months ago. If it gets back under $140 I might dip a toe.
T dropping below $33 just because it is no longer on the DOW looks very nice. To bad I am already overweight in that stock.
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I'm not actively looking. I have standing limit orders for ES (old Northeast Utilities) & GE at a ridiculously low price.
I need to add/start some positions in utes and REITs in both our portfolios but they are just not cooperating right now so I'll ignore them.
If I wasn't overweight right now, I'd take a gander at ABBV. Their trailing P/E is not realistic because of the M&A. Need to dig through the financials to get all the real numbers.
I haven't started digging into the financials yet but CAT yielding 3.5% is starting to look interesting. Won't have much uncommitted cash available for a while so am not in a hurry to dig into it just yet.
GILD is still looking "bargainish" here and a new dividend will be birthed soon.
If EMR gets closer to $50, I just may sell some of the higher priced stuff and add to that in the wife's portfolio. I was done adding to it for now but if it gets cheap, I may change my mind.
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Awsome Rapid, thanks for this.
Looking at initiating a position in T but the $ is strong atm which makes it slightly expensive for me.
Lewys
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03-13-2015, 07:42 PM
(This post was last modified: 03-13-2015, 07:46 PM by hendi_alex.)
In general this pull back is nothing. For the most part it will take 30% from the highs to get my attention. For energy related, it will take much more, for new purchases.
At this point I wouldn't be too quick to use the term 'bargain'. There is a lot of potential air under most stocks even at today's prices.
Alex