(02-26-2020, 08:01 PM)crimsonghost747 Wrote: I didnt get to grab that HON and LHX yesterday because the open was so crazy.All things being equal, HON may pull back a little ex-div. I''ll add gain if it does. better than overpaying for extra MMM shares. I was OK with the price I paid, but I was hoping it might get closer to 165. I believe some analysts have a hold on it due to valuation. After the price drop I could see some upgrades coming if we recover from the flu, and the aviation manufacturers get their acts together at the same time. That stuff has to be higher margin than their average products.
I'll try again later this week, probably on Friday.
Speaking of MMM, it was doing it's thing yet again. The market just can't lay off that stock. It led the industrials higher during the fake morning rally yesterday. That's how they get by with one weak quarterly report after another. I realize it's 35%+ off it's high, but it took like six earnings misses to make that happen. I'll keep nibbling, but it's not my top priority. The Corona isn't going to make the next report any better I suspect. I saw an article recommending MMM because they are selling a lot of disposable surgical masks. Well of course they are, but the company manufacturers tens of thousands of SKUs. Just wow to bad financial "analysis".