What Did You Buy Today?

[fenders53]

(08-06-2020, 03:16 PM)divmenow Wrote:

(08-06-2020, 02:38 PM)fenders53 Wrote: Picked up a few shares of AEP.  Sold a put in DG at strike 190.  Dividend is a little light so I might as well get some cash on the way in.  Definitely a quiet growth company.  I wish I had bought DG years ago.

You should have bought AAPL 2 days ago lol ?

I'll pick some up when they crash.  Got em on my list. 

[divmenow]

(08-06-2020, 03:18 PM)fenders53 Wrote:

(08-06-2020, 03:16 PM)divmenow Wrote:

(08-06-2020, 02:38 PM)fenders53 Wrote: Picked up a few shares of AEP.  Sold a put in DG at strike 190.  Dividend is a little light so I might as well get some cash on the way in.  Definitely a quiet growth company.  I wish I had bought DG years ago.

You should have bought AAPL 2 days ago lol ?

I'll pick some up when they crash.  Got em on my list. 

But the time it crashes it may be $200 after the 4-1 split lol

[fenders53]

(08-06-2020, 03:24 PM)divmenow Wrote:

(08-06-2020, 03:18 PM)fenders53 Wrote:

(08-06-2020, 03:16 PM)divmenow Wrote:

(08-06-2020, 02:38 PM)fenders53 Wrote: Picked up a few shares of AEP.  Sold a put in DG at strike 190.  Dividend is a little light so I might as well get some cash on the way in.  Definitely a quiet growth company.  I wish I had bought DG years ago.

You should have bought AAPL 2 days ago lol ?

I'll pick some up when they crash.  Got em on my list. 

But the time it crashes it may be $200 after the 4-1 split lol

That is sure possible.  AAPL is probably over double it's historical valuation now and it isn't growing faster lately.  I'm not biting.  There is plenty in my SPY index fund anyway.  Watching some of my stocks run because they beat estimates reduced five times and maybe matching 2017/18 revenue amazes me. I try not to look a gift horse in the mouth though lol.  Companies should just cut guidance 20%, then the stupid market would reward them for beating estimates the next six quarters. 

[divmenow]

(08-06-2020, 06:45 PM)fenders53 Wrote:

(08-06-2020, 03:24 PM)divmenow Wrote:

(08-06-2020, 03:18 PM)fenders53 Wrote:

(08-06-2020, 03:16 PM)divmenow Wrote:

(08-06-2020, 02:38 PM)fenders53 Wrote: Picked up a few shares of AEP.  Sold a put in DG at strike 190.  Dividend is a little light so I might as well get some cash on the way in.  Definitely a quiet growth company.  I wish I had bought DG years ago.

You should have bought AAPL 2 days ago lol ?

I'll pick some up when they crash.  Got em on my list. 

But the time it crashes it may be $200 after the 4-1 split lol

That is sure possible.  AAPL is probably over double it's historical valuation now and it isn't growing faster lately.  I'm not biting.  There is plenty in my SPY index fund anyway.  Watching some of my stocks run because they beat estimates reduced five times and maybe matching 2017/18 revenue amazes me. I try not to look a gift horse in the mouth though lol.  Companies should just cut guidance 20%, then the stupid market would reward them for beating estimates the next six quarters. 

Here’s the thing about AAPL. It’s no longer a value stock like it was all those years. It’s a growth stock now and it’s earnings are going to keep growing. With a forward PE of 26 that’s cheap for a tech stock that can grow. You could never put AAPL and tech in the same sentence before lol. It was only a cell phone only and no innovation. Boy how things have changed lol. There past earnings they killed it, and was probably the best conference call I heard all year. So you can throw out historic valuations here haha! Buy some shares on the next $5 dip 

[fenders53]

(08-06-2020, 08:39 PM)divmenow Wrote:

(08-06-2020, 06:45 PM)fenders53 Wrote:

(08-06-2020, 03:24 PM)divmenow Wrote:

(08-06-2020, 03:18 PM)fenders53 Wrote:

(08-06-2020, 03:16 PM)divmenow Wrote: You should have bought AAPL 2 days ago lol ?

I'll pick some up when they crash.  Got em on my list. 

But the time it crashes it may be $200 after the 4-1 split lol

That is sure possible.  AAPL is probably over double it's historical valuation now and it isn't growing faster lately.  I'm not biting.  There is plenty in my SPY index fund anyway.  Watching some of my stocks run because they beat estimates reduced five times and maybe matching 2017/18 revenue amazes me. I try not to look a gift horse in the mouth though lol.  Companies should just cut guidance 20%, then the stupid market would reward them for beating estimates the next six quarters. 

Here’s the thing about AAPL. It’s no longer a value stock like it was all those years. It’s a growth stock now and it’s earnings are going to keep growing. With a forward PE of 26 that’s cheap for a tech stock that can grow. You could never put AAPL and tech in the same sentence before lol. It was only a cell phone only and no innovation. Boy how things have changed lol. There past earnings they killed it, and was probably the best conference call I heard all year. So you can throw out historic valuations here haha! Buy some shares on the next $5 dip 

So it's now a growth stock growing at a slower rate than when it was a value stock?  Only thing growing faster is your nose Divnocchio.    

AAPL is a wonderful company and it never stopped being a growth stock I'll be fine without it if necessary.

[vbin]

Added small amount of T

[stockguru]

Bought 10 more shares of AAPL on the dip. Gives me 80 now. So 321 once it splits.

And took a new position in GDDY. My hubby's idea lol

[vbin]

Bought tencent, imagine if China banned apple >••<

[fenders53]

We aren't near there yet but they are going to hit back soon when they decide taking if on the chin isn't working for them. They won't look weak much longer
IMO.

[NilesMike]

Opened a position in JPM. Got a great fill at the open.

[vbin]

Did anyone saw this: Amazon, Mall Owner Look at Turning Anchor Spaces Into Fulfillment Centers https://www.wsj.com/articles/amazon-and-...1596992863

Any SPG owners here ? The stock might shoot up.on the news and if the deal goes through.

[fenders53]

(08-09-2020, 04:30 PM)vbin Wrote: Did anyone saw this: Amazon, Mall Owner Look at Turning Anchor Spaces Into Fulfillment Centers https://www.wsj.com/articles/amazon-and-...1596992863

Any SPG owners here ? The stock might shoot up.on the news and if the deal goes through.

This was rumored about the time Covid hit and it looked bleak for JCP.  It would seem to make sense at locations where a JCP has a huge parking lot and easy access to a major road.  Hundreds of semis and Amazon delivery trucks daily is not going to enhance the mall experience in a lot of locations where traffic is an issue.  Not that I am an Amazon logistics expert, but they move a lot of freight every day.