(05-28-2020, 02:53 PM)EricL Wrote: Sold out of my ROST and opened a new position in DG with a portion of the proceeds.
Remainder added to my positions in NEE and FLO to bring them closer to full-weight ahead of next week's ex-divs.
Had a tough time selling ROST as I believe in the long-term prospects of the company, but in the end I felt sticking to my goal of 10% income growth was important.
DG had absolute blowout earnings this morning, and I think it will continue to do well going forward.
I'm sure that was a tough decision on ROST Eric. The stocks has held up very well. I'm holding my shares as well as TJX. Stores are starting to open in certain states and from what I'm hearing are packed. Them suspending the dividend is temporary and will bring it back soon. Maybe 2 quarters. These are the kind of stores that will do well in any environment. Once all the stores have to liquidate all their merchandise who do you think will benefit from that? ROST and TJX. Their dividend was peanuts anyway of .285. I don't own because of the dividend. I own it because women love to shop there and and they benefit in tough and good times. The stock will go up with or without the dividend.
But I do like your DG and NEE buys. Too great companies you don't have to worry about.
TGT, ROST, DG, TJX and COST are companies I own in this space. The est I don't even bother with
