Bill Combs
I'll follow up on an interesting post by @mudry_investor about Caterpillar. Shares of $CAT are down less than 10% in the last month, creating a nice discount here. I'm definitely going to take advantage of this and overbought today.
Do you have $CATstock in your portfolio?
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I don't know. On the chart, the price is right pretty high due to the growth in recent years, but now the value is just under $100 billion, and for their debt and profitability, it's not that much. But revenues are low compared to other companies valued that way.
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I'm not going to overbuy, although I love Apple and like to want it more, but my average purchase is around $140 and it's a shame to average it out now, but again, more that just the price in 5 years will be a little higher again. 😊
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I haven't sold anything from my investment portfolio in a long time, but last time it was Nvidia around $550😅🤣.
What did you think of yesterday's Apple WWDC?
Yesterday ,$AAPL introduced "Apple Intelligence" which integrates AI into its apps including Siri and brings OpenAI's ChatGPT chatbot to its devices .
Cool move for me and I'm glad they finally came up with something new and started working with AI somehow already. From what I've read so far, it looks pretty good and it's nicely...
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They have introduced a nice update to all the systems, which will be of great interest to users. The calculator on the iPad will lead to students wanting it (super marketing) and the AI is brilliant thanks to Apple integration, but only on the new iPhones...that's marketing squared.
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I've been shopping this week, it doesn't look expensive to me. At some values it currently looks 10-20% cheaper than the 5 year average.
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It's crazy what one person can just do, then of course just simply a mass of sheep ...for me the stock has no value and like hitting that growth "that craziness" is hard for me. Rather I'm just watching it because when this drops again it will be a big and clear drop and I'd like to try and take some of the shorts on that. 😁
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For me, very interesting and important and the byznis, but I would prefer the price even lower. I first spotted the company at $150, unfortunately I couldn't really estimate, calculate and buy it then and so now the drop of some $10 or so doesn't seem enough to enter yet.
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I actually have a very similar view. The company is quality, but I only have $JPM in the banking sector and I'm not going to change that. Moreover, the stock is coming off a solid run and near the top where it was in 2015. It's in a very strong zone. I don't know if it can break out.
I also bought it before the split on speculation because it's doing exactly what I suspected and that's growing further, so I'll just say it's a shame I didn't have more spare cash to put into it ... I've already got over 15% return in a few days from it.