The earnings report ended up working out for me very well. ROST instantly jumped to $74.37 on Friday, which gave me an instant 4.88$ boost per share. After the recent climb, I may trim my position in ROST and TJX for bluer companies that pay a higher dividend. I have made a quick penny with TJX and ROST so far. The brick and mortar trash talk had gone too far and I feel TJX and ROST were far too undervalued.
On 8/22 before the Friday market close, I also initiated a position in BAX. I bought 8 shares at $75.19. This should add a handsome $16.63 dollars of dividends per year. I plan to add more to BAX if it drops further.
No comments:
Post a Comment