What Did You Buy Today?

[Dividendwayfarer]

(07-13-2021, 10:04 AM)Ïstockguru Wrote: ABBV forward PE is only 9.42. So its very cheap and still had a dividend yield of over 4%

You cant use current PE on any stock as that doesn't tell the story.  When we buy a stock where not buying it for today, but for the future and long time. Isn't that the reason why we have this forum lol

I added to ABBV just now on ex-dividend day.
Also added a significant position in JEPI

And oil stocks are still very cheap when you use forward PE

CVX - 17 PE
EOG - 11 PE
XOM - 16 PE

MSFT PE 33 (so not bad for a tech name)
AVGO - 16
AAPL - 27
TSM - 31
AMAT - 18

Still a few under 20 with AMAT and AVGO. Just a few names to compare with

So there is some value in the market still. Just have to know where to find it.

Never look closely at AMAT and it appears to be a good stock. I plan to increase my tech exposure so I would initiate a position on AMAT. Thanks for the tip.