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Strategies & Market Trends : Young and Older Folk Portfolio

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OneDonatoOne

red cardinal

To: chowder who wrote (869)	3/17/2022 6:44:14 PM
From: chowder	2 Recommendations Read Replies (1) of 21947

Re: Middle Age Portfolio ... Adjustments. Today I was simply adding to positions that I want to build up in size more, bringing them up to full positions. I sold the position in SPYD and with the proceeds from the sale of MMP earlier in the week, I added to the following today: AAPL .. CCI .. MS .. MSFT .. TROW. I started new positions in DG and CVS. I wanted to buy DG because in an inflationary environment, especially when prices at the gas pump are high, discretionary income gets squeezed for a majority of the population and they downsize looking for lower prices, thus the dollar stores do well in this environment. DG also announced a 31% increase in the dividend today. DG also has Wall St support with the following Buy, Hold and Sell ratings. 47-15-4 ----------------- CVS has been a turnaround story of sorts. They took on an acquisition a few years ago that blew up their balance sheet and I have been waiting for them to get their debt in order. Jefferson Research now gives CVS their highest rating of Strongest with regard to the balance sheet. CVS is still considered undervalued and when combined with the lower debt and balance sheet under control, I thought it time to buy. Analyst Ratings: 57-17-0

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