What Did You Buy Today?

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(10-29-2020, 08:04 PM)fenders53 Wrote: Divemenow or Crimson,

Please pull a current chart or analyst report on NOC when you have a minute. I've patently waited for it to drop. It looks technically broken right now. Definitely oversold like all the defense stocks. I have no illusions they come back in favor in the near-term, but NOC grew just fine the last time we had a DEM administration. Projected to grow at 10% for years and I like the mix of military aviation and space. DIV growth record has been very good for at least 10 years. Thinking of gradually building a position starting now. I already own a lot of LMT and LHX, and my RTN income side game. If NOC drops hard I'll speed it up, otherwise just a share or two a month for awhile. I like the diversification within the sector since my positions end up large. You never know when you'll have a big problem with a weapons system, or bribery allegations. I'd rather grab a non-defense industrial now, but most of the big ones have ties to commercial aviation, auto manufacturing, or just overvalued.

I have my eyes on NOC as well. Currently a very small position.