What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(07-10-2021, 09:41 AM)ken-do-nim Wrote:

(07-10-2021, 08:24 AM)EricL Wrote: Here are stocks that I currently show as near or below fair value from my portfolio.
ABBV, AMP, BDX, BMY, D, EOG, FLO, KMI, LMT, MO, PM, SRE, T, WBA

ABBV's P/E ratio is at 41.09; still high I think.

Here are my portfolio's under 20 P/E ratios:

• MO - 19.82
  
• ORCL - 18.71
  
• LMT - 15.21
  
• RIO - 13.75
  
• HII - 12.28
  

Plus, HPQ, which I will bring back soon, is at 10.66.  

And all the income stocks have lower PEs but we discussed that's not the same.

Conversely, TTD is at 156 and Starbucks is at 138.

Not sure where those PEs came from but make sure you use forward PEs.  The market never cares about last year.  

Some of the market darlings are where the lessons in valuation will be learned the hard way some year.  Can GOOGL continue to grow fast enough for five years to justify their forward PE?  Yeah they probably can.  Starbucks and Nike are awesome companies with crazy PEs.  Very likely to have a few great quarters.  I sure wouldn't add here and they will be dangerous to hold if the economy or market has a big hiccup.  It won't be a JNJ or PG kind of correction for them.  I do own NKE now but I will jump off that horse quick as there is no margin of safety.  PE relative to their sector historical stats has some importance.  LMT will never have a tech stock PE, even though they grow consistently and the future earnings projections are more likely to be accurate.  

Good consumer staples stocks used to trade a 15 PE or less.  UTEs brought a 10 PE.   Things change and al we can do is try to figure out when the line has been stepped over too far.  Good investors learn how to avoid being destroyed when an extended bear happens.  It doesn't matter how much you make this year if you don't have the sense to not lose it all next year.  I have to sit on a lead more than you do.  You just need to find a reasonable amount of risk for your current place in life.