Today I added a new stock to my holdings. You may have heard of it. AAPL has a ton of cash and assets right now. I read an interesting article breaking down its "cash" but nevertheless, they are positioned nicely for a dividend raise or a buyback, and I want to own some when that happens. September this year will hopefully provide some new innovations like wirless charging (finally!) to the iphone line and maybe even more exciting news. I dont feel like the company is the same as they were with Jobs at the helm, but I think long term they are a solid buy from a growth perspective as well as a dividend paying company.
Mentioned link: http://www.marketwatch.com/story/apple-isnt-really-sitting-on-216-billion-in-cash-2016-01-26
- Bought 4.2555 shares of AAPL @ $104.81 ($450 Total Invested)
These purchases adds $8.85 to my forward annual dividends bringing my new total to $1,428.45.
AAPL F.A.S.T Graph:
See my full portfolio here: Portfolio
Disclaimer: I am not a licensed investment professional. I am not liable for any losses suffered by any parties. Any information on this site is my opinion only and should not be used for investments of any kind.
Nice purchase Adam. Great company and its definitely undervalued at these prices. Keep it up and don't stop. Take care my friend.
ReplyDeleteThanks Much Hustler! I feel good that its in my portfolio. I hope it becomes a solid long term play for me. Take care!
Delete