What Did You Buy Today?

[Otter]

Added to BMY this morning.

[divmenow]

Took a new position in CINF and added GD, AFL, and BMY

Sold some AMP. I took the $45 runup and ran fast lol

[fenders53]

(05-29-2020, 10:09 AM)EricL Wrote:

(05-28-2020, 02:53 PM)EricL Wrote: Sold out of my ROST and opened a new position in DG with a portion of the proceeds.

Remainder added to my positions in NEE and FLO to bring them closer to full-weight ahead of next week's ex-divs.

Had a tough time selling ROST as I believe in the long-term prospects of the company, but in the end I felt sticking to my goal of 10% income growth was important.

DG had absolute blowout earnings this morning, and I think it will continue to do well going forward.

DG up 3.6% today after yesterday's sell-off. So far it look like I timed that trade pretty well.

Have we finally corrupted you with discussion of three day price movements lol?

[EricL]

(05-29-2020, 08:48 PM)fenders53 Wrote:

(05-29-2020, 10:09 AM)EricL Wrote:

(05-28-2020, 02:53 PM)EricL Wrote: Sold out of my ROST and opened a new position in DG with a portion of the proceeds.

Remainder added to my positions in NEE and FLO to bring them closer to full-weight ahead of next week's ex-divs.

Had a tough time selling ROST as I believe in the long-term prospects of the company, but in the end I felt sticking to my goal of 10% income growth was important.

DG had absolute blowout earnings this morning, and I think it will continue to do well going forward.

DG up 3.6% today after yesterday's sell-off. So far it look like I timed that trade pretty well.

Have we finally corrupted you with discussion of three day price movements lol?

I was corrupt long before I met you guys! =)

Did you see their quarter though?

• 21.7% comparable sales growth compared with 8.7% consensus.
  
• 10.3% operating margin compared with 7.7% a year ago.
  
• Resumption of buyback program.
  
• Q1 GAAP EPS of $2.56 was a beat by $0.82.
  
• Revenue of $8.45B (+27.6% Y/Y) beat by $790M.
  
• Cash Flows From Operations Increased 202.4% to $1.7 billion
  

For fiscal year 2020, the Company continues to plan for:

• Capital expenditures in the range of $925 million to $975 million
  
• Approximately 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations.
  

So full-year capex is essentially covered by the growth in cash flows from Q1 alone!

Three quarters of the US population lives within five minutes of a Dollar General store. With 20% unemployment, I expect those stores will continue to do well.

[fenders53]

(05-30-2020, 08:20 AM)EricL Wrote:

(05-29-2020, 08:48 PM)fenders53 Wrote:

(05-29-2020, 10:09 AM)EricL Wrote:

(05-28-2020, 02:53 PM)EricL Wrote: Sold out of my ROST and opened a new position in DG with a portion of the proceeds.

Remainder added to my positions in NEE and FLO to bring them closer to full-weight ahead of next week's ex-divs.

Had a tough time selling ROST as I believe in the long-term prospects of the company, but in the end I felt sticking to my goal of 10% income growth was important.

DG had absolute blowout earnings this morning, and I think it will continue to do well going forward.

DG up 3.6% today after yesterday's sell-off. So far it look like I timed that trade pretty well.

Have we finally corrupted you with discussion of three day price movements lol?

I was corrupt long before I met you guys! =)

Did you see their quarter though?

• 21.7% comparable sales growth compared with 8.7% consensus.
  
• 10.3% operating margin compared with 7.7% a year ago.
  
• Resumption of buyback program.
  
• Q1 GAAP EPS of $2.56 was a beat by $0.82.
  
• Revenue of $8.45B (+27.6% Y/Y) beat by $790M.
  
• Cash Flows From Operations Increased 202.4% to $1.7 billion
  

For fiscal year 2020, the Company continues to plan for:

• Capital expenditures in the range of $925 million to $975 million
  
• Approximately 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations.
  

So full-year capex is essentially covered by the growth in cash flows from Q1 alone!

Three quarters of the US population lives within five minutes of a Dollar General store. With 20% unemployment, I expect those stores will continue to do well.

I could be talked into DG on a market dip.  I sold my "normal" retail and believe that was a sound decision given risk/reward in this economy.

[crimsonghost747]

added to PFE

[divmenow]

new position in TFC and added to BMY

[Otter]

So, last major cash deployment for a while:

ABBV
ADM
ADP
BMY
CAH
CSCO
DUK
EV
FRT
GILD
IBM
LEG
LYB
MGA (new position)
MRK
ORCL
PM
SNA (new position)
T
TD
UL
UPS
VZ
XLE

[fenders53]

(06-02-2020, 10:22 AM)Otter Wrote: So, last major cash deployment for a while:

ABBV
ADM
ADP
BMY
CAH
CSCO
DUK
EV
FRT
GILD
IBM
LEG
LYB
MGA (new position)
MRK
ORCL
PM
SNA (new position)
T
TD
UL
UPS
VZ
XLE

No wonder the market spiked again this morning.  

Still trying to be patient here.

[desidividend]

Added small RY position,didnt think it would rise so much in last 1 week,few weeks got in $60.05 and got out at 62 and received dividends

[divmenow]

Sold out of SPG. That was a nice 21 point gain. Cant believe it was up $8 today. Wow

Added more BMY and CINF

[kblake]

(06-03-2020, 10:02 AM)divmenow Wrote: Sold out of SPG. That was a nice 21 point gain. Cant believe it was up $8 today. Wow

Added more BMY and CINF

Very nice. I also sold out of SPG after the big run-up today. I realize there opening up outlets in some states but they have delayed in either announcing a dividend or cutting it. I had a nice 16 point profit in it. So thanks for that trade. I owe you a dinner if your ever in the area  

CINF looks like a good one to get into as well. Nice DA to get into at a discount. I may add more 

Anyone I did at at RTX, XOM and ITW this week