06-30-2017, 12:56 PM
(06-30-2017, 10:44 AM)divmenow Wrote:(06-30-2017, 09:39 AM)Rasec Wrote:(06-21-2017, 03:12 PM)Rasec Wrote: Looking at current valuation, dividends (yield and growth) and long term P/E growth: XOM, QCOM, JNJ, ADM, and a wildcard, NKE.
Seems like the wildcard played out a bit sooner than expected!
Nice pop today. I'm glad I cashed a full position this year.
NKE was a good buy yes. Me personally didn't think they had a chance to beat earnings but they proved me wrong lol. Now that they are partnering with Amazon this stock could be a home run now going forward. But it;s up a bit too high today to add new money. You got any more wildcard picks Rasec? I'm going to follow your lead from now on haha
If I had that much confidence on my own picks, I would have bought a 5X or 10x position instead of a 1x full position
.I like to buy big names with lower than average valuations. Apple was there 7-8 months ago, Nike was there (still kind of is), BAC was there last year... XOM, GE and ADM are there today. They'll go up, I can't tell you when or why, but they will go up someday.
My magic ball only works half the time though
