Quote:
Originally Posted by Buehler445
So I picked up a couple small positions that I like.
Tyson has been beat up and I think it is a good buy.
3M shitcanned their CEO and hired a guy with a good track record. There are some worrisome lawsuits out, but there are some really good assets that maybe they can leverage into some better income and get a stock bump over time.
I picked up a little ADM. I don't really like it, but the grains are due for a rally and hopefully it will pop and I can dump it.
Also bought some alphabet. Apparently Apple has a deal with them to get Gemini on Iphones. That will be a pretty big boost for them, if it takes off. Plus I think it was a little unfairly abused because they still print money.
|
I've been holding MMM forever. It seemed like a nice safe stock at the time with a pleasant dividend, and it's pretty much lost money every year. I figured that I don't lose money until I sell it so I kept hanging on, but this year I started selling it. I read an article by someone saying that they were avoiding companies that face big multi-billion dollar lawsuits, and that's pretty much where MMM is right now.
The CEO change popped the stock up. Maybe people think he can get them out of it, which means I'm selling at the exact wrong time, but I'm pretty much done with it. I don't have a large amount, but it's been getting smaller every year.