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Strategies & Market Trends : Value Investing

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chris714
From: Paul Senior9/12/2018 5:57:00 PM
1 Recommendation  Read Replies (2) of 78661
 
Pop in tobacco stocks today, after their slow decline.

Fwiw, I trimmed MO. If I can remember, that's the first sale since initial buys in 2008, and PM.

I have a small position in tobacco gatherer/storer Alliance One International, AOI. Its name and symbol changed today to Pyxus International (PYX). ("Pyxus" is the best name they could come up with?). The stock's been volatile, more so than usual -- likely because it may be riding the cannibis wave. I remember cig adds touting their fine blend of tobaccos. Maybe cannibis consumers will seek such out too. PYX might benefit.
Amidst this stock's large volatility today, I added a few shares at $21.95.

finance.yahoo.com

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Also fwiw, small add to AAL. Cheap airline stock--maybe. Otoh, fuel costs are up, so maybe earnings aren't going to be as good as analysts expect. All airline stocks I am following are down today -- possibly due to effect of Hurricane Florence (flight cancellations).

Also added a few shares to my small position in Skechers (SKX). Not a value stock at current price. I've followed SKX for many years and have maintained a varying position.
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