What Did You Buy Today?

[kblake]

(02-19-2020, 04:14 PM)fenders53 Wrote:

(02-19-2020, 09:47 AM)kblake Wrote: Aded UTX and took a new position in ETN. To me ETN is still very undervalued.

And Utilities are really getting over valued. I trimmed my positions. I only own NEE and D at this moment and wont add any new money until they correct. I know Eric just did a story on this sector.

I've been a Ute investor for about 30 years.  The run in share price is approaching historical, if it isn't there already.  Any hint of a rise in interest rates will almost certainly be ugly for the sector, but I see little risk of that scenario anytime soon.  I don't see spared like they usually are during recession.  Same could be said for overpriced consumer non-durables though.

I just think its going to be very hard to make money in UTES at current levels. They are all at historic vauations.

To me as much as oil is dead there's some bargains in that sector. There are like at levels where UTES were 3 years ago. I'm not a fan of XOM but I do like stocks like VLO and PSX. There have growth and all have a yield at over 4%. Why not just add to names like these?