SOLD CVX & BOUGHT WBA & ENB

JUST UPDATING MY LATEST PORTFOLIO ADJUSTMENTS.

I sold 25 shares of CVX, chevron corp. As I mentioned previously, I don’t see the price of oil going up by much, and that’s going to affect the dividend raise chevron can give to their shareholders.

Image result for cvx logo

 

 

 

 

I bought 50 shares of ENB enbridge corp. Since the merger of ENB and Spectra energy, I believe the new entity gained traction in terms of economic moat, and will be able to do really well in raising the dividend by an estimated 10 to 12% on a yearly basis.

Image result for enbridge logo

I also bought 11 shares of WBA, Walgreen boots alliance. I think this company is undervalued in purely technical terms. With an estimated 150 billion$ in revenue the stock trades at 0.6 times future sales. clearly this is too cheap for based on its growth and it’s current valuation history.

Image result for walgreens boots alliance new logo

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: