(08-18-2021, 11:21 AM)kblake Wrote: APD down over $7 on new news. Still expensive at a PE of 30 and they have missed estimates 6 out of last 7 quarters. They have a big market share in China so maybe that's why it's getting hit. I have enough shares so if it gets in the $250 zone I will add.Took me 8 months to squeeze 6% out of APD. It's dead money for a good while IMO. I'm sure it will be fine long-term but I need a much better entry for a long hold that is actually safe in a downturn. I love aristocrats but see no point in holding one that has no margin of safety. I'd likely have a different opinion if I had paid $175 for it.
LIN doing very well and is clearly the better investment right now.
Sold TSM on the morning bump for about a 5 point loss. I'll regroup on chips. They aren't going anywhere for awhile. Just cleaning out the port a couple tickers a week until I get it where I'd like it.