Friday, June 17, 2016

Tilting a bit Towards Biotech and Healthcare

When I summarized my 2015 activity, I noticed I was underweight healthcare.  To that end, I've been nibbling and adding in the healthcare biotech sectors, which have been beat up a bit in 2016.

I'm finding some good values in the following names:

ABC (Amerisource Bergen)
BIIB (Biogen)
AMGN (Amgen)
CELG (Celgene)
GILD (Gilead)
MCK (McKesson)
AKRX (Akorn)
ANTM (Anthem)

For the Chump IRA, which is more focused on income growth in the long run, I'm adding ABC, AMGN (more), ANTM, and possibly some GILD

For my taxable account, I'm adding the low or no dividend payers for more growth, and no dividend taxes:  BIIB, CELG, MCK, AKRX.  In addition, I own AMGN and ANTM in both accounts, though I may sell them out of the taxable, and just keep them in the Chump IRA.....

To create a bit of cash, I closed my position in Toyota and CMI, both of which are highly cyclical, and dependent on economic growth, which is in short supply these days...

Just a quick update.



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