10-09-2016, 10:47 AM
Actually, one could get a lower yielding stock as they have 35% more cash to invest while looking for a rise to fair value.
(10-09-2016, 10:42 AM)Kerim Wrote: So, the question is, are you confident enough about the sell decision? If you can part with the income stream that this holding provides, and upgrade to a higher-yielding company of equal or better quality, it would make sense to do so. But I think Cav makes a great point that CL may not be as significantly overvalued as it might look, which makes it less of a no-brainer to sell.
Best of luck, and keep us posted about what you decide!