Wednesday, August 26, 2015


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...


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,