Stock Advice Thread
- Thread starter dgtatu01
- Start date
I’m into the Cash raising mode figuring August-late Sept will be flat at best with Delta worries, continuing uncertainty in Washington DC, inflation likely ahead. Speaking of field dressing, even my hot outdoor stocks were hit hard today after AOUT’s revenue estimate missed yesterday, plus forward estimate worries. I sold shares of some good stocks, usually don’t do that, but since we continue to have gridlock, I question if an Infrastructure bill will be passed this year. A reasonable bill might give some stimulus, a huge one makes inflation worse. Maybe an S&P index fund will be an option this Fall? Thoughts?
I picked up 100 shares of BSTZ that I stumbled across today. Adding this as a new position in my portfolio. I don’t have the exciting stocks everyone on here has, but it’s a 5% yield, monthly payer. It has a solid history of growth and dividend increases. I’m building up a low and slow divided portfolio, gearing up for five years from now. Blackrock has another, BST that looks pretty solid as well, but went with this one.
Conservative for next 2-3 months-VOOG, NUSI, XLP, TLT, IIPR, PLD and scattered individual stock holdings not worth discussing yet.
My CPA is encouraging me to invest heavily into dividend securities. Here is a list he sent me.
QYLD 11%
MGP 5.6
NYCB 6.1
CVX 5.0
ABBV 4.5
UTG 6.5
ARCC 8.0
What do you pros on here think?
QYLD 11%
MGP 5.6
NYCB 6.1
CVX 5.0
ABBV 4.5
UTG 6.5
ARCC 8.0
What do you pros on here think?
I’m no pro. Does have a separate certification for giving you that advice, or does he use a service or off the cuff picks, ABBV and CVX are often recommended in articles.
I have a small position in QYLD, it's a high yield for dividend so you wont' see much groth, or much decline. I just think of it as a high yield savings account to park some money. It's an ETF, so somewhat diversified.
Not a pro but too much yield for me.
I have to own some growth too.
The diversification is good.
More consumer, technology and non-US names would be better.
Going down the list, all income ETF's could work. I picked the cheapest, JEPI.
I own VICI in the casino space.
JPM, STT, VFH in banking.
EOG PXD in energy.
ABBV I do own in pharma. Also JNJ.
I have nothing in utilities.
KKR in asset management.
I haven't invested heavily into any of them but based on performance and duration KKR, JPM & JNJ have become my biggest positions in these names.
Good choices, and after listening to that same video, I bought some NUSI as recommended by those two rather than riskier RYLD. I bought VIG today for dividends, removed XLP, and added VWO and VSS for foreign protection against the rapidly dropping dollar. Market up today, dead cat bounce?
Another buy I made was 50 sh XPO, splitting off its logistics unit early August and then I will receive 50 free shares of GXO (only have a few days left to do this), which will be the symbol of the new company…have high hopes for truckers going forward.
Deadline date of record on buying XPO to get matching shares of GXO is this Friday, the 23rd.
Sold ALB at $194 yesterday. Enough to play with the houses money. The same account where I've bought JEPI.
A good afternoon for many stocks today. Only the Russell 2000 gave back yesterday's gains. Back to around Tuesday's level.
A good afternoon for many stocks today. Only the Russell 2000 gave back yesterday's gains. Back to around Tuesday's level.
Started positions in ABNB, LTCH.
Added to NVCR, APPN, INSP, AI, and 1 share of JD to make 100.
Also bought ME, VRTX, and SOFI last month.
Getting harder to find good deals.
Added to NVCR, APPN, INSP, AI, and 1 share of JD to make 100.
Also bought ME, VRTX, and SOFI last month.
Getting harder to find good deals.
I would add this is especially true with IPO's, SPAC's and Cathie Wood names in 2021 so far.
Added to ZM position. On top of crushing earnings consistently, they are starting to expand through M&A. Potential is there.
NYCB popped today, up over 9%. Best of both worlds. One hell of a pick so far!
Speaking of dividends, I traded some underperforming WDAY for DLR a REIT in the data center sector.
Would like to slowly trickle into the data center and warehouse REIT arena over the next 5 years. EQIX, DLR, PLD, STAG.
Would like to slowly trickle into the data center and warehouse REIT arena over the next 5 years. EQIX, DLR, PLD, STAG.
Those are some eye-watering divs. Pretty small Mkt caps. Expecting any growth from them?
2nd quarter GDP came in at 6.5% missing the expectation of 8.4%. Markets seem happy not to be overheating I suppose.
Bought SPSM recently on the dip and sold more KKR today to play with house money. ALB up 6% today.
Bought SPSM recently on the dip and sold more KKR today to play with house money. ALB up 6% today.
Also started a position in T. 7%+ yield below 30 and streamlining on the way. Could be good.
I'm starting to get a little more conservative. Switching to value mode (at least this week).
I'm starting to get a little more conservative. Switching to value mode (at least this week).
T is planning on cutting the dividend. Just so you know.
Nothing wrong at all with conservative investing. Speculation and growth may have a place in a portfolio too. Just not as big a place imho.
Thanks for that. I may be selling quite soon.
My job takes me off the grid for weeks at a time and I guess I missed that news. No excuse though for not researching that out. Damn.
No, not too much. Just starting to accumulate in my Roth. The plan is to reinvest the dividends until retirement and then can convert dividends into cash in retirement.
James, speaking of growth, take a look at THRY, my niece works for a dental office that uses their software platform that’s designed for small and medium sized businesses…chart bumpy, but moving up gradually, my type, costs her company around 3 grand a month to use the product.
Bought more VICI on the dip.
I received some GXO shares Monday because I owned shares in trucking company, XPO. GXO was a spinoff and supposedly the only pure play logistics company in the industry, it has zoomed up, one to watch though it surely will reach a top soon?
What do ya'll think of ATVI (Activision Blizzard)? One of the largest video game developers. Currently due to some bad press (lawsuit for workplace, etc), they've dropped.
Currently priced ~$80/share
PE (fwd) 21
Dividend small .59% but with 11 yrs growth
Growth
10y - has increased 603% over the last 10 yrs
5y - 98% over the last 5 yrs
6m - Down 21%
Could this be a buying opportunity?
Currently priced ~$80/share
PE (fwd) 21
Dividend small .59% but with 11 yrs growth
Growth
10y - has increased 603% over the last 10 yrs
5y - 98% over the last 5 yrs
6m - Down 21%
Could this be a buying opportunity?
The 2020 comps for these gaming companies are awful but investors willing to be patient have a great opportunity. Unless you think people will be gaming less than in 2019.
I sold some TTWO at $205, bought some back at $175 and ready for more.