With slow days around here, I'll just post some of my recent transactions.
Following Jurgis Bekepuris into MSGN with a seed position. Betting that the company under the Dolan family will do ok with regional sports. Maybe MSGN won't be on cable, but hockey/basketball/etc. fans will still want to view their teams. Revenue, gross margins have been increasing. Fear is that Dolans want to sell, but there's no buyer for the company. Risk is that hope may still be in the stock price.
Adding just a little to INTC, homebuilder CAA, and TIS, DFS, SHPG, DG (I like their business model of successfully serving small, poor communities), SYF (Buffett/surrogate holding), BAC(Buffett holding), ST. Switching around in airline stocks: Out now of Hawaiian (HA), substantially reduced UAL and AAL. Intending to start small position in DAL (Delta). Cut back on egg producer CALM, closed utility SO, trimmed shoe retailer DSW and also Skechers (SKX), took some losses with partial sale of drug co AGN. Gave up on Fly (aircraft lessor) and sold most for small loss. (Still holding others in the sector.)
Added to Dowdupont (DWDP), on assumption that with split up of the company next eighteen months or so, sum of parts worth will be worth more than the whole (Cornell: Spinoff to Payoff??) Well, I read that pundits are saying this to be a reason for buying DWDP, but I have no assurance/confidence that this will play out satisfactorily. So just a small risk bet for me.
In for a few shares of AutoZone (AZO) now. Fear is that AMZN will decimate the company. I'll bet the company muddles through. Company seems beat down enough here, imo. But who knows? |
