What I Am Buying Today.

[vbin]

(10-28-2021, 02:40 PM)fenders53 Wrote:

(10-28-2021, 02:36 PM)vbin Wrote: Sold a NOC put. Ex div nov 27th I think. I will take the stock another $15 down with that premium and divvy, if I get the stocks assigned.

I will join you at some poin0t when the sector isn't in freefall.  I don't think the market is done hating defense stocks because there is no catalyst to save them for now.  Need a reason to believe revenues aren't falling next year.  Market doesn't care about 2024.

Neither do I. These companies are fundamental to national defense and there are rare to none in the world who can compete with these defense behemoths. They are undervalued. Pays dividend. Balance sheets are solid. Don't care about what happens in next 2-3 year.