Consumer spending was below expectations, FOMC minutes hinting at tapering, inflation impacts and a resurgence of COVID kept negative pressure on the markets all week. Still no screaming value out there but some retreat on stock prices is always welcome. Here are my trades for the week:
- Oil-Dri Corp. of America (ODC) – increased position – A small price pullback led to a small purchase. Grabbed 3 shares @ $34.65 and a 3.12% yield.
- Leggett and Platt (LEG) – increased position – Just enough of a price pullback to let me add to my industrials sector. Grabbed 4 shares @ $47.41 and 4 shares @ $46.90 for a 3.58% yield.
- Lockheed Martin (LMT) – increased position – Third week in a row buying this bad boy. Problem is the account I buy this in is now out of cash…what to do? Grabbed 1 share @ $355 and a 2.93% yield.
- Walgreen Boots Alliance (WBA) – increased position – Not the best price but P/E touched 18 which seems reasonable in this market. Grabbed 4 shares @ $47.71 and a 4% yield