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Re: bar1080 post# 1704

Monday, 08/15/2022 6:58:35 PM

Monday, August 15, 2022 6:58:35 PM

Post# of 2126
Fwiw, I picked up another Berkshire related stock today - JNJ. Berkshire only has a token position, but it's a solid long term holding with a good dividend. JNJ has been near term oversold (RSI briefly went under 30), so I figured it's a good entry point for my 'major' investment of 6 shares, lol.

A fair amount of negative news for JNJ lately, with the baby powder/asbestos situation. I also worry about potential liability from their foray into the Covid vaccine market, but a small $1000 investment won't cause any sleepless nights. I also added similar size (small) positions in Abbott Labs (ABT), Nestle (NSRGY), and Zoetis (ZTS). With the broader market near term overbought, it's probably not a great time to be adding positions, but these are great long term stocks and have recently lagged somewhat.

Full portfolio -

https://investorshub.advfn.com/Portfolio-Ideas-40985





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