Wednesday, August 26, 2015

McKesson...MCK

I like MCK at these price levels...however the dividend is very small at around 0.6% yield, and not very stable.  That said, I'm starting a position in my taxable account, where I hold stocks that are perhaps a bit more speculative, and tend to have higher growth, lower dividend profiles.

Here is a FASTGraph:


Friday, August 21, 2015

Shopping Today...UNP, CMI, selling GE

Adding some UNP to earlier position...nice pricing today.  Also started a position in Cummins (CMI).  I've been watching CMI for several weeks, and I really like it at these levels.  I'm pretty heavy in industrials, so I sold my position in GE and replaced it with the CMI purchase.  I lose a little yield (3.7% down to 3.1%), but I gain diversification.   I added UTX awhile back, and I like that stock better than GE.....

More to follow...

Chump

Tuesday, August 4, 2015

Valuation Check of the Portfolio

Comparing normal PE ratios for the past 5 years, with current PE ratio for each holding gives a sense of valuation.  If a holding is well above it's normal 5 year PE, it's likely to revert to that average in the coming months/years.  Further, these stocks are usually more susceptible to a correction, and get hit harder when the overall market drops.  With this in mind, I mapped my holdings here:



Per these valuations, I recently trimmed MDT and WBA, which were larger holdings in the portfolio.  I will likely also trim MO and ALK in the coming days, which have also grown large in the portfolio.

On the buy side, I've added to UNP, UTX, and TUP recently....all in the green.

That's all for now,

Chump

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