- APU: 11.77 shares @ $42.48 --- Yield 8.29%
- RDS-b: 6.91 shares @ $72.31 --- Yield 5.20%
- BBL: 9.25 shares @ $54.05 --- Yield 4.59%
- CVX: 4.46 shares @ $112.07 --- Yield 3.82%
- GE: 20.41 shares @ $24.50 --- Yield 3.59%
- XOM: 5.46 shares @ $91.61 --- Yield 3.01%
100/week Challenge --- Week 25 S&P 500: 1895
Well we have all been waiting for a long overdue pullback and it may finally be arriving. However, even with the drop in the markets in recent weeks, we are still hovering around the breakeven line for the year so I don't know if it can be considered a legitimate correction yet. What I do know is energy continues to get hammered so it appears to be the obvious choice when making stock purchases.
Stocks on my radar for next week include COP, BAX, ESV, BP, KMI, CAT, MCD, XOM, CVX, JNJ, and GM.
Some great names there that you are picking up, MDP.
ReplyDeleteI picked up some CVX last week and my energy sector is quite huge now. Looking for other sectors to diversify
Best wishes
R2R
R2R,
DeleteI am a bit high in energy as well, but not too bad so I will probably keep buying as long as the prices continue drifting lower. I noticed right after I bought CVX at $112 the price went to $109. :-(
MDP
I agree with you on the weakness in the markets. I am hoping to get some more capital to work this month while things are depressed. Keep on cranking. Your streak of weeks with greater than $100 per dividends added is fantastic!
ReplyDeleteW2R,
DeleteThanks for the encouragement. Energy is under some serious pressure right now and it is spilling over into other sectors so I am excited for the opportunity to continue picking up quality companies as reasonable prices. This looks like a it may continue for some time which is can be a bit scary and rewarding at the same time. Keep alert and get ready to invest.
MDP
MDP,
ReplyDeleteLike the big move into energy this week. Can't deny there's some value there, though the only question is how long the price of oil stays where it's at. I know most of the oil supermajors tend to use $100/bbl oil for their projections and analysis.
I'm also thinking of picking up more GE next month. Just depends on if the weakness persists.
Keep up the great work. You continue to put away some serious capital.
Best wishes!
DM,
DeleteOil is taking a beating and looks a bit scary, but I think it presents great long term opportunities. I just noticed BP is getting close to 6% yield. These are some exciting times to be investing and I certainly plan on taking advantage of the discounts on some great companies.
MDP
I'm trying to move some capitals to take advantage of the market dip. Great purchases.
ReplyDeleteTawcan,
DeleteYou are right about keeping some powder dry so you don't miss the chance to accumulate great dividend payers. I plan on focusing on energy in the near term as it continues to look undervalued.
MDP
Whoa! We get it. Energy was the name of the game with the purchases made this week. Happy to see you jumping on the price weakness and take advantage of some serious yield there. I think commodity pressure will continue as oil, metals, food, etc. keep falling presenting some unique buying opportunities for us. Thanks for sharing and look forward to your next purchase.
ReplyDeleteDivHut,
DeleteThere is finally some blood in the water (mine included) and I like the energy sector right now. Some solid companies are taking a beating and I will continue averaging down on these positions.
MDP
MDP,
ReplyDeleteI picked up CVX, GE, XOM, KMI, BAX, AFL this month.
I am eyeing JNJ, TD, RY, XOM for my next round of purchase.
Thanks for sharing!
FFF
FFF,
DeleteThose are some great names you bought and I like the companies on your watch list. The market is giving us some great opportunites to pick bargains.
MDP
MDP,
ReplyDeleteExcellent work as usual. So many opportunities right now and love that you're making use of it. I just bought JNJ from your watchlist. I'm hoping it continues to decline and I'll hop on some more with you, I need more!
Best Wishes,
Ryan
Ryan,
DeleteGreat job with JNJ purchase. It has come down quite a bit along with the rest of the market. This is what we have been waiting for. Hopefully the market will stay down for more than a few weeks this time so we have more time to accumulate shares.
MDP