Tagged: Consumer Discretionary

DIS Dividend History 31

Stock Purchase: Doubled Down on Disney (DIS)

I haven’t been buying or posting much this year, making just 2 purchases so far (BA and BAC), but that doesn’t mean I haven’t been watching the market.  I’ve been waiting patiently for the market to stabilize, looking for perfect entries.  Perhaps I’ve been too patient… The market has rebounded significantly recently and I’ve completely missed the boat on some of the stocks on my watch list.  In fact, many of these stocks are making new highs.  While I’m kicking myself for not staying active during the correction, there are still plenty of opportunities out there. I was able to...

NKE Dividend Growth 648

Stock Purchase: Nike (NKE)

It’s been 2 months since I made my last purchase and I just can’t believe it!  This is unacceptable and it is something that I will address in next year’s goals (coming soon). I finally got around to researching some stocks and I really saw an opportunity in Nike (NKE).  I’ve been watching NKE for a while just waiting for a good entry.  Well NKE plummeted recently after reporting stellar earnings which is my favorite time to buy a stock.  I jumped all over it with a fairly large purchase in my retirement account. In this post I’ll provide my purchase details...

FL Dividend Growth 27

Stock Purchase: Foot Locker (FL)

I recently added TGT and UNH to my Dividend Retirement portfolio when their stock prices dipped, and last Friday I was able to pick up another solid company on what seemed to be an irrational selloff. On Friday Sketchers (SKX) reported a revenue “miss” of 2.5%.  Although earnings beat the consensus (after accounting for one-time charges) and their revenues actually grew 27% Y/Y, the stock proceeded to fall 33%.  I realize that the stock price had increased considerably of late and SKX was perhaps a bit overvalued but a 33% drop seems to be a severe overreaction. The interesting part of...

UNH Dividend Growth 29

Recent Buys: TGT and UNH

I haven’t been very active in the buying department over the last couple of months because of work but I’m finally starting to turn that around.  I have made two purchases recently in my Dividend Retirement account – taking advantage of some overreactions in the market. The two stocks I decided to buy were Target (TGT) and UnitedHealth Group (UNH).  In this post I’ll briefly go through my rationale for initiating these positions and I’ll provide the transaction details.   Target (TGT) Sector: Consumer Discretionary Industry: General Merchandise Stores Purchase date: 10/16/2015 Portfolio: Dividend Retirement Portfolio Shares purchased: 33 Cost per share: $75.37 Commissions: $14.95 Cost...

SSI Dividend Growth 20

Stock Purchase: Stage Stores (SSI)

I was able to come up with enough cash to make one final purchase in my Empire portfolio this month.  This was a small purchase that barely passed my “commissions have to be < 1% of trade value” rule, but I was only willing to open up a small position in this company anyways.  If I end up being correct about this company’s future I can always add on later. The stock that I decided to purchase was Stage Stores (SSI).  SSI has scored very well in my dividend growth stock ranking screen for the last couple of months so I’ve been keeping...

27

Stock Purchases: PM and TWX

It has certainly been a crazy month for the market!  This past week I experienced my first market correction as a dividend growth investor.  While I have to admit that it was unpleasant to watch my portfolio value drop thousands of dollars over 3 days, the experience was quite different from my old option trading days. Back when I was a short-term investor, either day trading or options trading, when a trade went deep into the red it was time to panic.  With few exceptions, like when I could adjust a hedged option trade, the market going against me meant that my...