What Did You Buy Today?

[fenders53]

(03-22-2021, 11:30 AM)kblake Wrote:

(03-22-2021, 11:24 AM)fenders53 Wrote: Sold 110 shares of NEE.  That is a fairly big move for me.  I just got assigned some additional shares selling options before the hard dip.  NEE will remain a top 5 core position but I like the risk reward on WEC MUCH better over the next year or two.  NEE is the green UTE market darling for sure , and I am confident WEC is executing a similar business plan more efficiently.  NEE PE gives me no comfort based on their performance lately that the market ignores for now.  Not trying to scare anybody out of their NEE position for sure.  But I am up huge but was in a little too deep and I know there is better risk/reward today.

That's a shocker to me. NEE is one the best companies you can buy and hold. I actually added more under $71. It's now my 3rd largest holding. I have WEC as well but only 25 shares. I like that company very much and will add back around $80 if we get there again. 

I made a few moves today. Added a few UNP, CP, XOM, BP, NEE, JPM and BTI

I was way over weight NEE and careful with my words so as not to scare anyone out.  I have a ton of UTEs and NEE PE is crazy high while earning reports have been mediocre compared to major peers.  Just balancing out the risk reward.  That's just what I do when huge portions are overvalued.  I go to sleep at night listening to UTE conference calls.  I know what they are up to next.  I'll still be smiling if NEE moon shots.