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Now a proud owner of DIS!
Was really torn with only enough capital to open one position.
It was a toss up between;
WFC
MO
DIS
But figured with a longer term horizon (30Years) that Disney would offer the most growth.
What do you guys think of this choice?
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09-21-2016, 02:54 PM
(This post was last modified: 09-21-2016, 02:55 PM by EricL.)
I think DIS is your best choice of the three. It's valuation looks good and I think 10%+ EPS growth is likely to continue going forward.
I'm wary of banks in the current environment of low growth and low rates. If they aren't making much in a decent economy, I'm a bit worried what happens if we hit recession again. I still own WFC, but not interested in adding yet.
I really like MO, but valuation is pretty stretched right now. Still though, a 3.9% yield with 8% growth is a heck of a stock, regardless of price.
I like your choice. I feel that MO is overvalued currently. Would have a slight lean to WFC over DIS if it wasn't for the current scandal that they're going through.
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Thanks for the feedback.
I'm looking to open a position in MO if the price is right after another rate rise.
I feel the valuation is being propped by those looking for yield as opposed to value.
Lewys
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I'm waiting for DIS to hit ~$90 for another ~20% purchase. My cost basis is ~$98 so I'm happy to ACD!
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I would love to buy DIS at $89. I always buy DIS when it's in the low $90's, or below 15x earnings.
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Started a position in Lowes.