09-22-2016, 02:51 AM
(09-21-2016, 08:30 AM)EricL Wrote: Curious as to why you sold MSFT and MCD, was it simply to re-weight the portfolio a bit?
I think FLO was a good value here. There are some questions about the business and the pending lawsuit, but in the long run I think it will continue to be a good stock to own. Also hard to go wrong with AAPL as well. I don't know what price you paid, but it has had a nice move up here in the last few weeks.
As for staples, CVS, KR, and WBA look to be the most reasonably valued from my watch list.
I managed to get AAPL for $92!
I sold 50% of MCD because I felt the company became overvalued and there were opportunities elsewhere.
I sold 33% of MSFT because I bought into AAPL and wanted some balance, plus it was pushing its value.
I don't really like to hold a load of tech!
I really hadn't considered CVA or WBA, so I'll take a look for my next positions.
I already hold a UK company (LSE:NXT) That's similar to KR so I don't like adding there.
I'm wishing some consumer staples would come down, them I love!
Thanks so much for the feedback!