What I Am Buying Today.

[fenders53]

(05-19-2022, 06:52 AM)cemanuel Wrote:

(05-18-2022, 07:12 PM)fenders53 Wrote:

(05-18-2022, 06:49 PM)cemanuel Wrote: "Last recession WSM was a $30 stock"

I know. I bought some on 3/17/20 for $32.57.

That was a nice pickup, especially considering we had no clue if the market would be halved again.

I never have a clue about that sort of thing. There are people who do - or at least say they do.

For me, I just try to buy good companies at sound price points. It is tempting to just sit but then I'll need to figure out when the bottom is being set. I'm not smart enough to do that either.

There's the next quarterly GDP report to tell us if we're really in a recession or not but do I really want to wait 2 months?

I made my first WSM comment because TGT specifically stated hard good sales are depressed.  That would include the home furnishings product they buy from WSM.  We will see how it goes on WSM next call.  I'm not optimistic but we will know in a month or two.  Definitely on my watch list but no hurry.