MkTay

Makita is trading under ticker symbol  Mktay.  Currently trading at 43.77.  P/E ratio is mid twenties.  I like it.  Thinking about dumping my AAPL stock and putting it all in Makita.

Musings about purchases

Walgreens is at $44.67 up $1.52 from my purchase price.  Things I have learned in the year since I started purchasing individual stocks.  I bought AAPL during this past Christmas and New Year.  Apple gets a lot of attention from the media.  I bought apple probably at an average price of $340.  $348 if you include the fee to purchase.  Now it is at $320.  AAPL is my biggest loser.  I heard some say that the stock is undervalued and should go to $500.  Again, lots of attention paid to Apple.  I am keeping the stock in hopes that it may resurge.  But, it could easily trend south.  Is Steve Jobs not coming back?  I just read an article in Fortune about the company environment.  Wow, no mercy for the weak.  Reminds me of my days at AK Steel.  I will never buy stock in that company.  Another dog I have is Boise Inc. trading under ticker symbol BZ.  I purchased based on the numbers only, not knowing much about the company which I think makes paper products.  Lesson learned here:  Smaller, less well known companies are also dangerous.  In another case I purchased Generac, a generator manufacturer.  I had an opportunity to use their product and found it powerful for its size (kind of like a Honda generator) and cost effective (less expensive than Honda).  And I am able to compare it to a number of other portable generators on the market.  Generac trading under symbol GNRC made it through this most recent six week downturn without much of a hiccup.  I want to do some investigation on the company that makes the Makita product.  Over a year ago I purchased a used drill set from a friend.  And I use them both every day.  In my opinion, these drills blow away any DeWalt product I owned.  They now sell at only $216 at Home Depot.  I almost want to buy another set because I know they are a great value.  Those are the kinds of companies I want to invest in.

WAG

My Walgreens stock is outperforming my other stocks.   Currently at 44.38.

Good time to buy?

Wondering if this past six weeks of a downturn is an indicator of a good time to buy?  Am sure there are some bargains out there waiting to be scooped up.

I Admit It

I am an amateur at picking stocks.  I own eight stocks and seven of them were losers this past Friday.  The only winner was Generac a company that builds generators.  I purchased that stock because my neighbor purchased one of their portable generators and I was very pleased with its performance.  I also jumped on the Apple bandwagon a little late it seems.  I purchased Toyota after news of the recalls last year and the company has since had a small resurgence in stock price.

Walgreens Price

WAG ended the day today at 43.60.  I purchased yesterday at 43.15.  Seven shares at .45 equals net profit of $3.15.  Not much, but just knowing that it increased in price somehow makes me feel good.

Walgreens Purchase

My order went through for seven shares at 43.15.  The stock is currently up to 43.20.  Am happy with this purchase.

WAG

I didn't want to wait for the price of Walgreens stock to drop, so I changed my order from a limit price of 42.50 to 43.15.  Hopefully, I can get this order executed today.

Futures

  Talking with my Dad yesterday, I discovered that the entire state of North Dakota will miss the planting season for Canola and while I have never traded futures before and probably won't in the near future.  It is probably a safe bet that the price of Canola will increase. 
  As a side note, the Miami Heat/Dallas Maverick game is being played in the background.  My daughter's friend said he would wear a pink dress to prom next year if the Mavs won.

Walgreens

I predict that Walgreens corporation will continue to grow successfully and have an order in now for 7 shares at 42.50.