Young and Older Folk Portfolio Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chowder who wrote (862)	3/15/2022 8:23:21 PM
From: chowder	Read Replies (2) of 21857

Re: Old Folk Portfolio ... Portfolio Adjustments The utility sector is the second best performing sector year to date so I wish to take advantage of that. SO and SRE are larger positions in this portfolio and each is facing different situations which causes me to think I needed to trim each of them by $25K each. In the case of SO, analysts are growing more bearish and bearish in a sector that is one of the best performing year to date, thus it requires different tactics. The Buy, Hold and Sell ratings for SO: 15 - 19 - 10 Although there are still more Buy calls than Hold calls with SRE, the number of Buy calls have been lowered. 28 - 21 - 1 Earnings growth for this year is expected to be barely positive. I started a new position in D and CNP at $25K each, the proceeds from the sales above. D is expected to show 7% earnings growth and a 6% dividend increase which is excellent for a utility. D is also undervalued at this point. The intrinsic value is $117.11 and D closed at $81.32. Analyst ratings: 28 - 16 - 3 CNP looks looks strong. Analyst ratings: (the best of every utility I looked at except for AEP) 38 - 10 - 0 Intrinsic value - $33.81 Price as of today - $28.41 Speaking of AEP; Analyst ratings - 33 - 7 - 3 Intrinsic value - $60.84 Closing price - $94.74 I will add to AEP tomorrow. ----------------- I decided to trim AMGN by $20K. AMGN has been looking weak enough to use some of the proceeds into something showing more strength under the current condition of the market. Analyst ratings - 25 - 46 - 5 CVS has been improving their company fundamentals as they have gotten their debt under control and analysts are warming up to this company. Analyst ratings: 57 - 17 - 0 (more than a 3-1 ratio from Buy to Hold) Intrinsic value - $158.75 Closing price - $104.49 Conclusion: Sold $25K each in SO and SRE. Sold $20K in AMGN Bought $25K in D and CNP. Bought $20K in CVS.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next