10-11-2014, 01:13 PM
(This post was last modified: 10-11-2014, 05:09 PM by earthtodan.)
Oh man, I could spam this thread. With 100 free trades per month at MerrillEdge and cash on hand, I've been averaging (mostly down) into stocks little by little on a daily basis.
Recently I've been building a position in Quanta Services (PWR), which is a specialized construction company that builds grid projects. As one of the few major players in this space they have a wide moat, and they have a large backlog and no debt. They don't pay a dividend but they are buying back shares.
Matching my investments in PWR with purchases of CBI, since CBI is somewhat similar but drastically on sale. I consider this a 1 year swing trade.
Started a position in TD under $50
Also chasing down UTX
Recently I've been building a position in Quanta Services (PWR), which is a specialized construction company that builds grid projects. As one of the few major players in this space they have a wide moat, and they have a large backlog and no debt. They don't pay a dividend but they are buying back shares.
Matching my investments in PWR with purchases of CBI, since CBI is somewhat similar but drastically on sale. I consider this a 1 year swing trade.
Started a position in TD under $50
Also chasing down UTX