12-29-2021, 06:24 PM
Some would disagree but I like your strategy of trimming overweight positions. Few would disagree PEP is a very good DGI stock and an aristocrat, but it's getting a little pricey for it's expected growth rate. IMO it's just not going to offer the downside protection in a rough market like aristocrats usually do. No matter when that happens, I'd rather just plus it back up then when the yield is 20% or more higher. I am going to do the same with JNJ if it happens to run much higher. When I am overweight anything, I think it reasonable to expect the reward to outweigh the risk.