What Did You Buy Today?

[NilesMike]

(08-01-2016, 02:29 PM)Vincenzo Wrote:

(08-01-2016, 09:28 AM)divmenow Wrote: Bought a little WMT today. Think it does well for rest of year.

What do you base this opinion on?

http://www.businessinsider.com/walmart-p...zon-2016-8

[navyasw02]

(08-03-2016, 04:43 PM)NilesMike Wrote:

(08-01-2016, 02:29 PM)Vincenzo Wrote:

(08-01-2016, 09:28 AM)divmenow Wrote: Bought a little WMT today. Think it does well for rest of year.

What do you base this opinion on?

http://www.businessinsider.com/walmart-p...zon-2016-8

If WMT is really trying to copy Prime by focusing only on the shipping, they're greatly mistaken and they will lose money floundering around to play catch up.

[benjamen]

Remember, walmart has absolutely massive cash flow to throw at this problem. Walmart is already 2nd in ecommerce (behind amazon) in the US and growing. They are also cracking into the large China market much quicker than Amazon.
http://www.economist.com/sites/default/f...ess_ws.pdf
http://www.economist.com/sites/default/f...ol__ws.pdf
http://www.businessinsider.com/walmart-p...zon-2016-8

[divmenow]

Sold all my DIS. Had it since 1996 and Bought PG, SBUX, BDX and EXR with the proceeds. I did very well in Dis and sold most earlier this year at $118. I just think ESPN is going to weigh on this stock for some time. No one cares how much money the rest of the company makes which is a shame. And the fact it only pays a semi dividend.

[ChadR]

Divmenow, actually DIS now is a semi annual dividend payer.

[divmenow]

Well my BMY purchase didn't work out all that well a few weeks back. Down over $14 pre-market. I had no choice but to buy more. This company will come back. If I liked it at $76 I have to love it at $61 right lol

[benjamen]

(08-05-2016, 07:55 AM)divmenow Wrote: Well my BMY purchase didn't work out all that well a few weeks back. Down over $14 pre-market. I had no choice but to buy more. This company will come back. If I liked it at $76 I have to love it at $61 right lol

The P/E ratio for BMY is too high for my tastes, but it is crazy how far this stock fell over a single failed drug trial.

[Rasec]

On the other side of the spectrum I was very surprised to see my position in MRK to pop 7%+ this morning (even if I know it'll fade over time).

[DividendGarden]

(08-05-2016, 08:53 AM)Rasec Wrote: On the other side of the spectrum I was very surprised to see my position in MRK to pop 7%+ this morning (even if I know it'll fade over time).

Merck popped today because Bristol Meyers Squibb had some bad news on a competing product.  

http://seekingalpha.com/news/3200689-bri...y-endpoint

[Caversham]

I doubled my position in FLO, and I might add some more over the coming days. This is my first buy in a couple of months.

[EricL]

I sold my TGH earlier this week on another weak earnings report and dividend cut.

Used the proceeds this morning to open a position in Shake Shack (SHAK) amid the pullback after earnings. Not a DGI stock by any means, but I've been watching it since the IPO and thought it was worth a flier now.

[divmenow]

Sold all my SBUX and bought WFC. I think the banks will go on a bit of run and interest rates will be raised at some point last this year. WFC positioned well. Not finding too many bargains at the moment.