What Did You Buy Today?

[crimsonghost747]

(03-18-2020, 10:39 AM)vbin Wrote: Anyone buying Emerson? Down more than 40%, div aristocrat

I did take a look at them. And they do seem to  be some level of recession proof, at least based on their performance in the years around the 2008 meltdown. 

Thing is, looking at the past 10 years, it's like their financials haven't changed at all.
It certainly looks like a pretty  safe bet at today's price, but now that everything is on sale I'm not sure if I want a company with really low growth numbers and yeah, they have a dividend aristocrat status but if it comes with 1% increases when the economy is going full steam then is that status worth much?

I'll keep my eye on it though, definitely looks both safe and cheap. (and the dividend is nice, but again 1% increases doesn't really do it for me)