04-22-2015, 03:53 PM
(04-22-2015, 03:13 PM)Kerim Wrote: [quote='Lewys120' pid='6858' dateline='1429643152']Looking at: NXT plc, BHP, T, JNJ, P&G as targets atm.
Coming months all buys will be for core holdings.
Looks like a generally nice foundation of stocks there, Lewys. Especially if future purchases will be core stuff, as you indicate. Just my 2 cents, but I'd take PG off of the target list for now. With a P/E around 25, earnings going nowhere, and a payout ratio near 80 percent, I'm guessing a buy now will only lock you into substandard returns. With luck, PG will offer better entry points down the road if you want it in your portfolio. I'd be much more excited about JNJ at these prices, or even T.
I agree there plus I already own ULVR. I must say I like P&G products and brands so I'm always keeping an eye out at their shares. VERY doubtful I'll be picking any shares up anytime soon.
I've taken a few speculative positions now (ABF for one) so will build on my core.
There's a general election here in the UK on May 7th and the polls are neck and neck. It's very likely that there will be a hung parliament (no-one able to form a government). I think this will cause some panic in the stock market.
Therefore my tactic is to sit on some cash for now and see if there's any opportunities in the FTSE come May 7th.
If not, I'll be using the money I'm holding to buy into JNJ and possibly T + KO.