What are you buying today?

[frommi]

Sold some MO and bought more STG, they will buy back 10% of their stock in the next year.

[KJP]

On 11/10/2023 at 4:09 PM, KJP said:

Net Lease Office Properties (NLOP)

I sold this at the open.  After thinking it over, and helped along by a post on this board, it was clear to me I was in over my head on this one.

[Lance]

JBGS

 

Thanks

Lance

[Gregmal]

More DEO

[Viking]

Initiated a starter position in Saputo (SAP.TO). Looks like we might be getting capitulation in the shares. A former high flyer that has crashed back down to earth. Shares are trading at 2014 levels. Another turnaround play. Family controlled business. Time to get back up to speed on the company.

 

Also bought a little Linamar (LNR.TO). 

Edited November 13, 2023 by Viking

[Luke]

Added to AMR, getting close to full position now

[Seoshin]

Bought more DHR and DEO

[CorpRaider]

CLPR

[sleepydragon]

Following Baupost into TSEM

[texual]

Yesterday I tripled my small position on Spirit Airlines and started a small position in Jetblue - will monitor the merger arb situation. 

 

I also started a entry position on Paramount Global B

[texual]

Last week I increased positions for General Motors and Bank Of America.

[Gregmal]

Bought some save 

 

Sucker for reversals lol 

[Ross812]

I would like to thank whoever dumped 300 shares of Fairfax this morning at the open. I got a nice fill at and below $875!

[drzola]

Alta Gas, and Sunlife preferred shares yielding >10% annual.

Bids in for Cenovus, Fairfax Financial, and TC Energy preferred's.

All for spouse's taxable accounts.

 

[Paarslaars]

GXE @ 0.7

[Castanza]

GXE 

[dipod]

How are you all able to buy GXE at a broker like fidelity? When I search for it, I don’t see any listing. @Castanza

Edited November 17, 2023 by dipod

[Castanza]

2 minutes ago, dipod said:

How are you all able to buy GXE at a broker like fidelity? When I search for it, I don’t see any listing. @Castanza

I'm on Schwab but I'm buying GENGF

[dipod]

Thanks

[sleepydragon]

SGEN.

M&A Cash deal with 8% spread left. Expected to close end of this year or early next year.

If this thing works work out, it will pay for my margin interests of the entire account for 2024

[Luke]

Valaris LTD NYSE

[no_free_lunch]

Atrion $ATRI

 

This is a mega compounder that is on sale.  Niche medical device market.  Good financial position with no real debt.  In regards to the huge decline (it's down 60% from ATH) I would just say that this is how it rides, and it isn't always clean.   We are currently at a down phase but the company is trading around 15x prior year earnings and has historically compounded at 15-20%.  Not sure if they can continue at that rate but I feel it's way too cheap.  There will probably be at least another quarter before sales turn around but most of the slow down has been due to oversupplying channels due to COVID demand.  I have the impression that the business is not fundamentally impaired.   I feel it could trade at 20-25x normalized earnings, which is 30-70% from here plus any growth they can pull off.

Edited November 21, 2023 by no_free_lunch

[frommi]

Sold half of my FFH position and bought boring Apartment REIT's, AVB, MAA, NXRT and a canadian utility CPX:CA. FFH position just got too big part of the portfolio (35%). Still think FFH is a good value, but not as good as 3 years ago.

[CorpRaider]

...CLPR...

[LC]

1 hour ago, CorpRaider said:

...CLPR...

Enticed by the siren’s song, eh?