Friday, July 31, 2015

Tweaking the Portfolio....DLR, XOM, TUP, UNP, WBA, MDT

Busy at work lately, but looking at the Chump IRA this week a little more closely.  First, I trimmed a couple of strong performers that are trading at 52 week highs, which is NOT a reason to trim, but are also looking very overvalued, which IS a reason to trim.  WBA and MDT, both of which have been great performers the past several years.  I trimmed both back to a full position in the portfolio, around $18k each.

On the buy side, I started a position in XOM in the low eighties, then added a bit more today around $79.75.....love the company and dividend for the long haul.

I also added to technology REIT DLR.  I love DLR right now at these prices, and a 5.3% yield. Strong buy recommendation.

I'm also looking at TUP again.  I've suffered a huge 27% loss on the stock, but am going to add some shares at $58.50.  It has a nice dividend of 4.7%, which is flat this year, but wasn't cut.  I just read a good interview with the CEO, Rick Goings.... here it is:

http://seekingalpha.com/article/3378795-tupperware-ceo-interview-and-recommendations

I like his comments, his commitment to the dividend, and I think the company is a long term hold.  They are suffering this year from the strong dollar, but that should normalize and improve going forward.

UNP, another railroad, is looking attractive at recent depressed prices, and like in Monopoly, I want to own ALL the railroads, wide moats, great businesses.  With a new position in UNP, I now own three, CSX, NSC, and UNP.  Cool!

That's all for now,

Chump

Monday, June 29, 2015

Adding Some UNP and Some AMGN Today

Market is down over 1.5% due to Greece news....I've been eyeing several stocks including:  UTX, XOM, CBI, EMR, UNP, and AMGN....

Put limit orders in for more XOM, and a 1/3 starting position in UNP at around $95.35....  I used to play Monopoly as a kid, and I always loved owning the railroads, what can I say?

I own CSX already in the IRA, and Norfolk Southern in my taxable account.  I like the growth prospects of Union Pacific, and its at a 52 week low today, M* has it as a 4 star stock, and here is the FAST Graph overview graphic:




Best Chump

Tuesday, May 26, 2015

Adding OHI, Starting a Position in XOM

After selling COP on an up day last week, I used some of the proceeds to add to OHI (existing position), and started a 1/3 position in XOM today, which is down 1.5%.  Limit for XOM was filled at $85.21....I happy with the trade from COP to XOM, and adding OHI helped offset the lower yield at XOM vs. COP.

I also added a little to my UTX position on big down day.....

Chump

Thursday, May 21, 2015

Selling COP

COP is up today over 1%, I'm selling it.  Since purchase a few years ago, I'm up around 12.5% on the investment, but it's time to move the money elsewhere.  It looks as though they will be freezing the dividend for several years, and growth prospects are pretty poor.

I'm thinking of redeploying the proceeds to try to get the 4.5% dividend income elsewhere. Candidates today are OHI, DLR, CVX, and XOM.  Of these, only XOM would be a new name in the portfolio.

Good article on SA today from Tim McAleenan Jr. was the catalyst for my decision.

http://seekingalpha.com/article/3200866-conoco-get-ready-for-an-extended-dividend-freeze

In energy, I still own HAL, KMI, BBL, CVX.

Maybe combining more REIT dividends with the lower dividend from XOM (3.4%) will be a good trade....still considering options.

Best,

Chump

Thursday, April 23, 2015

Selling BAX

I think it's time to sell BAX.  It's been a poor performer, down around 5% since I bought it.  They had a poor EPS quarter to end 2014, and another poor quarter to start 2015 (see below).  The stock is UP today on improved 2015 full year guidance, but I don't believe them.


Furthermore, they are doing a spin off this year, and I don't know what the new companies will like post spin, nor do I know what impact this will have on the dividend.  Time to look for a better company to invest in.

Possibly Abbvie....we'll see.  Limit order placed just above latest price.

Chump

Friday, April 17, 2015

Adding to DLR position

Market is down 1%, adding a little my DLR position, initiated last week.

Chump

Monday, April 13, 2015

YTD 2015 Performance vs. the S&P 500 and 1Q Dividends

The market and portfolio have had a rocky 1st quarter.  Below is a graphic that shows the Chump IRA total value, and it's weekly returns vs. the S&P 500 with dividends reinvested:





Both the Chump IRA and the S&P 500 are shy of 3% year to date, which seems slow/rocky, but heck, if this keeps up, we'd have a 10%-12% year, which would be great vs. history.  The portfolio tracks the S&P pretty closely, but I'll keep looking for value plays to give it a boost over the long run.

The portfolio contains several "unloved" stocks that I'm betting will have a nice run eventually.
These include:
  • BBL
  • TUP
  • BAX
  • HAL
  • CVX
  • COP
  • PM
  • IBM
BBL, HAL, CVX, and COP are all related to oil and energy, and have been beaten up pretty good this year, while IBM, BAX, PM, and TUP are just viewed negatively by wall street, largely due to the strong dollar and exposure to depressed earnings from abroad.  All these companies are fine, they just need a bit of time, so I hold.

On the dividends front, they just keep growing (and reinvesting).  Here is the dividend table, with 1Q2015 added:




Dividends collected in the first quarter were up 7.6% vs. prior year, and above $4,000.   With the recent sale of Walmart, and the addition of better dividend payers, this growth will continue!

Here are the current portfolio names:



Best,

Chump