What Did You Buy Today?

[fenders53]

Sold a share of AMZN. I add one or two every $100 it dips, sell it gradually when it runs. I'm a small time AMZN trader for sure but it's working. About 2% of my port. I'll likely get serious about it if the market ever corrects.

[Otter]

Added to UPS this morning.

[Otter]

Added to WFC this morning.

[Binary]

Added to LEG

[Otter]

(04-30-2019, 02:34 PM)Binary Wrote: Added to LEG

I did the same with some pooled dividends this morning.

[stockguru]

I took a new position in AMGN this morning.

[Otter]

Just bought some more CAH, too. Already own a lot, but hard to see it getting much cheaper from here.

[stockguru]

CLX is getting clobbered. Anyone own it? It's down $10. Thinking of buying it soon. They missed estimates and guided lower. But its the kind of name I like in this environment. Thoughts?

[Otter]

(05-01-2019, 01:45 PM)stockguru Wrote: CLX is getting clobbered. Anyone own it? It's down $10. Thinking of buying it soon. They missed estimates and guided lower. But its the kind of name I like in this environment. Thoughts?

Yes, purchased all of my shares June of last year at ~$122/share. Still looks overvalued compared to its historical norms. It is a boring consumer staples stock that manages to grow earnings annually by an average of about 6.5% over 3/5/10 year periods. Am interested in buying more if it dips under $140, which would appear to be a fair value.

[Binary]

(05-01-2019, 01:53 PM)Otter Wrote:

(05-01-2019, 01:45 PM)stockguru Wrote: CLX is getting clobbered. Anyone own it? It's down $10. Thinking of buying it soon. They missed estimates and guided lower. But its the kind of name I like in this environment. Thoughts?

Yes, purchased all of my shares June of last year at ~$122/share. Still looks overvalued compared to its historical norms. It is a boring consumer staples stock that manages to grow earnings annually by an average of about 6.5% over 3/5/10 year periods. Am interested in buying more if it dips under $140, which would appear to be a fair value.

Historically this 2.5% yield is not good at all, plus there is the debt levels that I'm worried about (A- debt rating still looks kind of OK). Strong name, proven track record, but not good valuation in my opinion.

[divmenow]

CLX is like PG. Slow growth but you get that safety in a down market. Both are too expensive for my taste. I would only consider CLX if it came down under $140.

I added to MSFT, CAH today and bought more CVS and MRK on Monday.

[fenders53]

(05-01-2019, 01:45 PM)stockguru Wrote: CLX is getting clobbered. Anyone own it? It's down $10. Thinking of buying it soon. They missed estimates and guided lower. But its the kind of name I like in this environment. Thoughts?

CLX makes PG look exciting.    I think I bought my last shares for around $30.  It made my watch list again today.  I'd suggest we both analyze it for about 3 months.  It's not going to run away.  I'd really need a 3% yield to get serious about it.