UNH and HUM down 18%, CVS less than half of that.
UNH and CVS are getting into interesting dividend yield territory.
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Paypal - falling knife or great deal?
@Your_Full_Name - what does the chart say?
A little bit of both it seems. This is a case where I won’t mind if my written put options get assigned in due course. Such extreme volatility past days despite some solid metrics.
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Anyone invest in Gartner (IT). Not sure if I’m missing something here, but selling seems to have gone too far - even if we accept that Gartner will have low/nil growth going forward.
Looks like one of those companies that did try to buy growth. Usually a company gets a short time boost in growth this way. We may have seen that a year ago. But now this boost is over, but the debt for buying companies stays.
Sales still go up a little but earnings go down, seems like too much competency, maybe by AI.
Got tempted to buy CRM and NOW. AI SAASpocalyse? what SAASpocalyse?
Did bottom fishing work for you in the past? For me it did not, cut by the falling knife until I did mechanical investment.
I think I did read a few books about contrarian investment and I do consider myself a contrarian. I think all books want some kind of catalyst, a change, to enter a stock that has fallen that much. Like a change in management, insider or outsider with knowledge buys and so on. Personally I like some technical formations like cup-with-a-handle.
The most money I made with stocks I bought a second position at all-time high - completely against my nature as contrarian. But then I’m in stocks to make money, not to feel good. To go up it just has to go up, not down… 
Let’s see. After taking bites here and there, I took a full position in CHTR now. I guess my bottom fishing bets are:
- CHTR +0.5%
- FDS -21%
- WHR +3.5%
- ELV +6.7%
- LNC +65%
- CRM -8%
- FMC -46%
- CAG +9%
- ARE -36%
- CNC +39%
- IT +2%
- KDP +11%
- CPB +0.1%
- KMB +8.5%
- CVS +2%
- GIS -2%
- TGT +32%
This year, I decided to join the hype bandwagon and buy hype stocks
- 2513 (z.ai) +63%
- 100 (minimax ai) +37%
- BE (after it had already gone parabolic) +72%
- PAAS / WPM (silver miners after silver had topped $100) +1-4%
So I’m channelling my inner Cramer. Let’s see how it goes. Rather annoyingly all the hype stocks are well up even after I bought them at high prices. Doing far better than my ‘value picks’.
Obviously, I should have ignored dividends, value etc and just YOLO’d on hype stocks for the last few years.
EDIT: added unrealized gains/losses for the ‘bets’. They actually did better than I thought (esp. since many also pay dividends), I guess this is a bias: you feel the pain of ‘losers’ more so remember them.
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I think you know what you do.
A quick look at your charts shows a nice picture for some of your holdings:
The only one I hold is KMB, but I probably sell soon. Seems they are diworsifying, too bad. Hold it for like 12 years and thought I could hold forever. After all that time I’m now like 6% in the red, but of course without dividends. They should literally “stick” to paper and just continue to pay a nice dividend instead of selling paper factories all over the world and buying Kenvue, that not even JNJ (that I own too) wanted any longer…
Investing is always a compromise. I would go crazy without my mechanical rules. Value is important in one strategy, momentum in the other. So I try to pick the best of two worlds…
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