Tuesday, May 24, 2016

Recent buy: ADP, VZ, SO

Added my second tech company in my portfolio today. I will be starting position in ADP and adding more as it goes down. ADP is a dividend aristocrat with a long established earnings and dividend history spanning decades. ADP does payroll and has quite a large moat in that area, many large companies use ADP.  ADP is one of the highest credit rated companies. They used to be AAA but are now AA.

ADP: $1000
VZ: $300
SO: $700

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