Buys and Sells for the Week 5/14

Markets were in a steady decline mid-week which in turn started to open up some buying opportunities. But before you could finish saying “buy!” the window slammed shut and markets clawed back loses by the end of the week. Luckily I reacted quick enough for a few transactions. Here are my trades for the week:

  1. Broadcom Inc. (AVGO) – new position – AVGO dropped to something of a more reasonable price and I got a chance to increase my exposure to tech. Grabbed 2 shares @ $421.90 and a 3.41% yield.
  2. Investors Bancorp Inc. (ISBC) – new position –  ISBC helped to expand my very limited bank stocks. Grabbed 69 shares @ $14.43 and a 3.88% yield.
  3. Algonquin Power & Utilities (AQN) – increased position –  I have been steadily adding when prices drop below $16/share and this week was no different. Grabbed 13 shares @ $15.13 and a 4.1% yield.

2 thoughts on “Buys and Sells for the Week 5/14

  1. AVGO has been great for me and I’m always looking to add more… still seems expensive to me though — probably because I originally got it for under $300 a share…don’t know if we’ll see that again.

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    • No denying that was a great entry price. I’m a little late to the AVGO party, this was definitely at the upper end of my buy range and originally had a price target of $380/share. There is some risk because of the debt but there is such a backlog of orders due to the pandemic I decided it was time to buy.

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