Monday, January 5, 2015

IRA Purchases CAT

Bought an additional 10 shares @87.78  of CAT as the stock approaches 52 week lows of 85.88 and because the ex-dividend date is coming up 1/15/2015.

The stock was listed as underweight yesterday/today (1/5/2015)  && reasoning TLDR; its profits related to selling equipment to the energy(oil/gas) sector.

This is  a long term hold and as its close to 52 week lows, I see it as a buying opportunity. Below 85 or closer to 80 i'll by another 10. A few years from now when this is back above 110 i'll be a happy guy.

chart




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