01-06-2016, 03:42 PM
Been taking a hard look at CMI the past few days and am very tempted to open a position, but an wary of increasing my exposure to cyclicals. I know, I know, my time horizon should make that a small concern, but I am nonetheless hesitant.
It feels like it has been a really long time since I've been able to pick up shares in any sleep-like-a-baby consumer staples companies at reasonable prices. I know that you've got to take what the market is offering, and right now it is offering CMI. But it is not feeling like a no-brainer. Seems like lots of scenarios could send the share price even lower.
Sorry for the hand-wringing. Am I over-thinking it?
It feels like it has been a really long time since I've been able to pick up shares in any sleep-like-a-baby consumer staples companies at reasonable prices. I know that you've got to take what the market is offering, and right now it is offering CMI. But it is not feeling like a no-brainer. Seems like lots of scenarios could send the share price even lower.
Sorry for the hand-wringing. Am I over-thinking it?