At my last post I did some research about a couple of blue chip stocks which are currently trading close to their 52w-low figure. Some of my readers gave me valuable advice, which is much appreciated!
Getting so much kind words and good advice from fellow bloggers is great to notice and I have to say this feels like a warm welcome in this very kind community, as I am just the little new guy in town.
Buy: 19 shares @ $63.02
My broker is very cheap with their transaction costs (about $1 per transaction), but the interface is very basic. Another downside is that it does not allow fractional stocks to be purchased. After last month purchases I had about €80 in my account as leftovers. After todays purchases I had about $25 in my brokerage account which was not working for me. This bothered me.
In order to put this money to work for me, I wanted to invest it in some company with a high yield. However, the price for this stock should be as low as possible, since I only had a few bucks left. It was then when I came across a handy website for this matter: DiviData.
At this site, I came across a company called TICC. This was the highest yielding company with more than 10 years of dividend paying history. This stock certainly does not belong in a portfolio focused on long term and growth, but I couldn't resist buying 2 shares at an amazing 11.92% yield. After just 2 terms of dividend from this company, the transaction costs will be covered. I'm probably going to sell this stock shortly after that, in order to use this capital to buy a new blue-chip stock, which I couldn't afford this month.
TICC Capital Corp. (TICC)
Buy: 2 shares @ $9.80
In other news, my watchlist is growing.
I added 52w high/low values to the list, in order to try to find a bargain.
However, this was not easy readable, so I added a percentage. This percentages reflects the growth of the stock, compared to its 52w low value. Hopefully this makes selecting stocks for further analyses a bit easier for me.
Thanks for reading!
Full disclosure: Long AFL