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TRADE: Initiating WestRock (WRK)

It appears #WRK has pricing power, and when it comes to buying a stock, I love ones that have pricing power. Look for the company to announce a price increase next month. I like the value here, as WRK has come down with better news.


Price: 62.25

Weight: 3.4%

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TRADE: Exiting Alphabet

Closing out the end out of my #GOOGL position for now, as Amazon and Facebook are taking share from them. Management painted a less-than-positive picture on the earnings call. Price: $1,186.64

TRADE: Trimming Raytheon

Let's trim some #RTN for a profit; I've had a big defense position for a long time, so let's book some gains to be safe. Price: $182.70, sold about 20% of the position.

TRADE: Closing Amgen

#AMGN has some legal risk that has come to light, so I'm just going to dump it and take a very small loss. Price: $190.77

© 2018 by John Miller, Everybody Trades. 

 

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