06-28-2018, 02:26 PM
(06-28-2018, 08:51 AM)EricL Wrote:(06-28-2018, 08:40 AM)divmenow Wrote: Wow AMZN at it again. WBA, CAH, and CVS getting hit hard today!
WBA yielding nearly 3% now after the 10% dividend increase and 10% drop in share price.
I'm long WBA/CVS/CAH and believe this may be a buying opportunity for the long term investor. I did well when I added to my KR position after AMZN bought WholePaycheck, I mean WholeFoods. Yea, I do like Wholefoods but only to a point, I can buy my favorite olive oil at $15 or I can buy the exact same olive oil at Giant for $9.....so.....a dollar saved is a dollar earned.
I also notice when shopping on Amazon that if you go to the actual website of that particular company that you might just find a better price, or check out TGT or WMT or COST..you get the picture. Sure, AMZN is a MONSTER but....they are not the "be all end all" of every industry they enter. If history has taught us anything is that if you pay attention, AMZN, can and does create buying opportunities in more ways then one.
Having said that....
earlier today I added to my GILD position