06-05-2017, 06:19 PM
(06-04-2017, 03:40 PM)divmenow Wrote: I mean for 5 years this stock did nothing except trade in a tight range between $40-45. I would be a buyer if it pulled back to $50 or so.
Oh, to have those days back again. I filled up around the $40 level when it was yielding around the 3.8% level. Glad I did.
Now, it's been run up both from people chasing yield, the general euphoria in the market and a hangover from the KHC takeover attempt. I agree, under the $50 seems a decent entry point but it may take a while to get there.