Thursday, January 22, 2015

Recent buy - January


Chevron  (CVX)
Buy: 10 shares @ 107.73

With the low price of crude oil, this was an obvious purchase. Thanks for all the advices in the comments. It's much appreciated!

Thanks for reading!


Disclosure: Long CVX

12 comments:

  1. Thats a good price to get in at, DFS. I wish I had more capital to buy up more CVX shares

    Best wishes
    R2R

    ReplyDelete
    Replies
    1. Hi R2R,

      Thanks for your comment!
      I wish I had more capital too.. Let's see what 2015 brings us!

      Best wishes for you too.
      DfS

      Delete
  2. Nice purchase! I keep kicking myself that I didn't buy in at around $100! Now its up $5-6 dollars.

    ReplyDelete
    Replies
    1. Hi DfD,

      Yea I pulled the trigger a bit too late as well.
      But of course, this does not matter in the long run. :)

      Best wishes and thanks for your visit!

      DfS

      Delete
  3. Yes, I for sure think that energy stocks are kind of an obvious investment choice these days and Chevron is one of the best (I hold a large position in my own portfolio). Why did you pick Chevron over Exxon?

    ReplyDelete
    Replies
    1. Hi Jackie,

      Thanks for commenting!
      I choose CVX over XOM because of the higher yield and lower PE value.
      XOM has a better growth value though, so I might add that later.

      Best wishes, DfS

      Delete
  4. Great purchase, I would have bought CVX too but I'm already heavily invested. I bought XOM instead. I don't think you can go wrong with either.

    ReplyDelete
    Replies
    1. Hi CD,

      Thanks for your comment. I think you're absolutely right.
      Both are great companies and once I'm ready to add more of the Energy sector I'm sure XOM will be my primary target to buy.

      Best wishes, DfS

      Delete
  5. CVX can handle price drops real good so it is clearly a good buy at the time! Congrats!

    ReplyDelete
    Replies
    1. Hi DivGuy,

      Yea they need that, as the price of crude oil has had several swings as well over the last couple of years :-)

      Thanks for your time here!

      Best wishes, DfS

      Delete
  6. I recently grabbed some CVX, RDS.B, and COP for my Roth. I guess they all were looking good so I decided to spread out my investment across several energy companies.

    Good luck!

    ReplyDelete
    Replies
    1. Those are very solid companies. It seems to me you can't go wrong with those. I didn't have enough capital to invest in more than one company. Besides that, I don't want too much Energy at once. Chances are, the price of oil will keep falling a little bit more.

      Best wishes,
      DfS

      Delete