As I mentioned over the weekend, I bought two different stocks last month. My first purchase was drug company Abbvie (ABBV). In the previous post I outlined how Abbvie was a riskier company, but had numerous strengths and a strong dividend yield. My 2nd stock was none other than Altria (MO). Altria Group Inc. is the parent … [Read more...]
Recent Buy: ABBV
For the month of September, I went after a deep discount but took on some risk. I purchased 16 shares of Abbvie (ABBV) at a price of around $65/share. Abbvie is a global researcher, manufacturer, and marketer of pharmaceuticals. Products developed treat conditions related to autoimmune disorders, gastroenterology, neurology, oncology, … [Read more...]
Recent Buy: MMM & JNJ
For my July purchase I added to my portfolio core. Some of my favorite companies were facing challenging short-term headlines, presenting buying opportunities. JNJ is facing criminal allegations on whether or not they knew about the toxicity of their baby powder. At the same time, 3M is threatened by a trade war with China and a possible … [Read more...]
Sold Out of Gaming
It’s rare for me to sell a stock. In this case, I took a small $60 profit from Take Two Interactive and rolled the money into a new company. I originally bought Take Two Interactive last fall when I thought the company was different. After all, they created tremendous value with GTA V’s campaign in 2013 and again with Red Dead 2 in 2018. … [Read more...]
Recent Buy: Canon
In my efforts to build a more internationally focused portfolio, I came across a company you haven’t heard of in a while. Canon Incorporated (CAJ) is an international conglomerate based in Japan. They are the leading manufacturers of copying machines, laser printers, office multifunction devices, inkjet printers, cameras, semiconductor … [Read more...]
Recent Buy: Telus
The U.S. is currently fighting a trade war with China. This war is necessary but short-term pain is inevitable. Companies with significant exposure to China have the potential to get hammered. Companies like Boeing, 3M, and Apple are decent dividend companies. However, for the foreseeable future, they will be facing headwinds as the trade war … [Read more...]