What Did You Buy Today?

[fenders53]

(04-09-2021, 10:35 AM)ken-do-nim Wrote: I hate to say it, because I've been such a fan of Johnson & Johnson over the years, but I think it's time to leave it behind.  I'm seriously considering selling all of it.  It is just glued to $160 and won't budge off of it, and the dividend isn't high enough to entertain a non-gainer.

EDIT: I'm keeping a close eye on LLY as well for similar reasons.

Hope this comes off the way I intend it.  You aren't cut out for mature DGI stocks at this time.  They look VERY good when your aggressive growth allotment gets whacked in half, and that day will surely come.  That said, history is great to look back on, but just because it was one of my rock stars for decades doesn't make it yours for the next few dacades necessarily.  Running a Mega pharma company isn't easy.  They will have their good and bad years with approvals etc.  Their elective surgery BIZ was shut down for better part of a year and still is in some places.  They still did OK.  The entire sector has been mediocre.  I will always hold some JNJ until the story changes.  I will add on hard dips, maybe trim on good runs.  Its not 1995 JNJ anymore.  They are too large to grow like that now, but they will very likely grow earnings and dividends.  An ETF might be right for you if you still have interest in the sector.  Individual stocks take some serious DD and patience.  A whole lot of patience sometimes.