10-24-2019, 02:44 PM
(10-23-2019, 12:02 PM)fenders53 Wrote: Started a position in LEVI today. Smallest common stock I own and I have no retail at the moment. Balance sheet looks pretty good. DIV yield is well over 3%. I've been patiently watching it since March IPO but everybody's hero Jim Cramer said to wait and get in later. He was right this time. It's starting to get upgrades from the brokerage houses so now seems like as good a time as any. I'll probably add some more if the market dips.
I'm in KTB due to it being spun off from VFC. Yield was almost 7% at the time of the spinoff a few months back, but has slid down to 5.5% with the big run-up in price. Wrangler & Lee instead of Levi's