2 Recent Buys – JNJ, CWO


A quick update on two purchases in our portfolios. It is getting harder and harder to find good value plays as the market seems be pushing the boundaries on the valuation front. With a lot of stocks trading close to 52-week highs, pickings have been pretty slim. However, due to an oversized cash position, I decided to pay up and put some capital to work.

  • First purchase: I added to my position in Johnson & Johnson (JNJ). I bought 30 shares @ $136.97, which adds $114.00 in annual dividends going forward.
  • Second purchase: I started a new ETF position in iShares Emerging Markets Fundamental Index ETF (CWO.TO). This ETF focuses on the EMs, with a big focus on China. The index composition seems to be better and more stable than its US counterpart ETF: VWO. I will continue building a position in this ETF slowly going forward. Details of the ETF can be found here.

Full Disclosure: Long JNJ, CWO.TO. Our full list of holdings is available here.

6 thoughts on “2 Recent Buys – JNJ, CWO

    • The pocket of opportunities keep getting smaller with the elevated market — there is definitely a high premium to be paid for quality companies these days. And with record low interest rates (and Fed cant raise them without crashing the stock market), the higher premium for stocks will continue lingering. For now, I intend to keep looking for opportunities…although its getting a bit harder to find easy picks.


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