01-28-2019, 09:16 PM
(01-28-2019, 08:03 PM)fenders53 Wrote:(01-28-2019, 03:43 PM)divmenow Wrote: PEP has really stalled of late. But at least it's been in a nice trading range the last few months. Great company!
Until recently their growth really stalled. It's still a decent company to hold and ignore for a very long time. I don't care if it takes me 5 years to build a full position on recessionary dips. Same with KO. These are well run companies that will not be fully disrupted in my lifetime. They are not as attractively valued most of the time, but the dividends are now solid and it's nice when my entire port is not so volatile.
My thoughts exactly! PEP is slow and steady. I really like their current portfolio and I also think they are making the right moves for the future. My first buy was at around $116, pretty sure that was sometime last year. I knew it was expensive but I wanted in. Since then I've been adding once in a while when it has been below $110.
Things can change rapidly but now I very much view PEP as one of those stocks that I will never sell. Ideally my whole portfolio should be stocks like that but as I said: things change.