What Did You Buy Today?

[fenders53]

(04-21-2020, 10:04 AM)EricL Wrote: Actually been thinking about trimming my ABT as well since its grown into my #2 position in the portfolio.

Love the company, but at a 28 trailing PE and 33 PE on current 2020 estimates with a 1.5% yield it's definitely getting expensive.

It's way too expensive right now.  I'd be more tolerant of the PE if the DIV was better.  It won't have to pull back much for me to start nibbling again.

Overall, pulling your 2020 guidance and then SP running up isn't working for me.  My mindset is some cash is OK now.  I have so many stocks that something will surely get too cheap soon enough, even if the market stays lofty.