What Did You Buy Today?

[fenders53]

(04-21-2020, 02:31 PM)DividendGarden Wrote:

(04-21-2020, 02:07 PM)kblake Wrote: Took positions in LHX, LOW, ABT, PM, and WSO

I feel like I'm missing something.  Why are people buying ABT today?  I think I saw 2-3 people say that.  I don't own ABT, but it seems expensive.

ABT is a great company long-term and Pharma is a safe haven right now.  It's as if all of them will cure the virus.  Most will miss out of course.  They are pulling earnings guidance.  I always have a lot of pharma and I bought a lot more on the big drop.  Now I'm overweight so I trim.  Doesn't make ABT a horrible buy today.  I just see better value.  I'll add more ABT some month soon.  These drug stocks dip and rise several times a year. If you never sell then buy stocks when the values happen. Your entry price does matter. 

This is what makes the forum very good IMO.  Disagreement seems to be welcomed here as long as you present a thoughtful opinion.  I adjust my positions when I am presented with logical arguments from any of the members.  I'd rather make money than "win the internet" lol.