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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (1927)	1/12/2022 1:15:18 PM
From: SeeksQuality	1 Recommendation Recommended By red cardinal Read Replies (1) \| Respond to of 2146

Looks like a good value here! I know they aren't expecting much growth over the next couple years, but the valuation is remarkable for a company this strong.

To: chowder who wrote (1927)	1/24/2022 2:11:59 PM
From: SeeksQuality	2 Recommendations Recommended By Bocor red cardinal Read Replies (1) \| Respond to of 2146

Re: WSM On January 11, Chowder wrote about "buying the dip" in this quality Consumer Discretionary stock. I took heed, and swapped almost half of my NKE position for WSM on January 12. While that purchase is more or less flat, it is still a huge win (so far) as NKE has continued south. Thanks for the heads up, Chowder! As far as relative valuation to NKE goes, I think you came close to nailing the bottom!

To: chowder who wrote (1927)	2/1/2022 10:11:08 AM
From: SeeksQuality	Read Replies (1) \| Respond to of 2146

"Since WSM is down more than 30% from its 52 week high, I thought I'd buy the dip. It doesn't make sense to me to talk about buying dips if we don't act on them. ... Ha!" Up 6.5% in three weeks since you wrote that. I exchanged half my position in NKE for WSM on Jan. 12, for a relative outperformance of almost 10%, and WSM still looks cheap relative to NKE, however the latter is a long-term conviction holding for me while WSM (for me) is more of a valuation trade. For trades to work, you gotta be right twice. Any suggestions on that?