Market closed at 16,351.
This weeks purchases:
- $250 of KMI at $31.74. Yield 5.17%.
- $125 of PM at $80.16. Yield 4.69%.
- $125 of MCD at $98.45. Yield 3.29%.
Note: KMI continues to sit at 52 week low and is now trading at my cost basis. MCD did jump almost 4% today after the CFO said they may look to return more cash to shareholders including taking on more debt to increase share buybacks.
AA,
ReplyDeleteI like the buys. Oil and tobacco seem to be pretty good values here! I was hoping MCD would drop to the low 90's. I may have to wait a while to initiate a position. Keep plugging away!
Thanks MDP.
ReplyDeleteI obviously agree with you on oil and tobacco and think they represent some of the best values in the market right now. I will keep adding at these levels and lower.
cheers!
AA