Recent Stock Purchase February 2019

Looks like I waited till the end of the month to make my February buy. As you know I like to outline my potential picks at the beginning of the month and narrow down my choice(s) from there. While this recent pick up was not in my February stock consideration list it was in my January stock list. With that being said:

I have added to my taxable account 11 shares at $65.32 for a total investment of $718.52 in Gilead Sciences, Inc. (GILD). With this recent purchase my taxable account holdings in GILD now totals 16.0459 shares with a market value of $1,047.56.

As you can see, GILD is a very small portion of my overall portfolio and this further diversification should help mitigate any upcoming dividend cut surprises. I never want to become too reliant on just a handful of companies for the bulk of my dividend income stream. I know I still have a lot of work to do in that regard as a few of my holdings are churning out triple digit dividend payments every quarter.

What do you think about my recent buy? Are you looking at GILD or other health stocks? What are you buying? Please let me know below.

Disclosure: Long GILD

13 thoughts on “Recent Stock Purchase February 2019

    • Hi Passivecanadianincome,

      I never looked at CVS myself though have been reading/seeing the headlines about that stock in recent weeks. For now, ABBV seems to be my go to health pick under $80. We’ll see where I go in April.

    • Hi Doug,

      The buying has to be consistent if going the DGI route. No timing or guessing the next crash. Just buy, reinvest, enjoy those raises when they come because eventually you’ll be hit with a cut. It’s just the nature of long term investing. So now in April it will be more of the same though not sure where I’ll deploy my cash… yet.

    • Hi DG,

      See my comment below to Snugfortune. As you can see I hold many health sector names and wouldn’t mind continuing to add to that sector for the long haul.

    • Hi Snugfortune,

      There are many great health sector stocks to choose from though not all may be good buys at this time. I hold PFE, BDX, GILD, AMGN, JNJ, ABT, ABBV and others and a host of health REITs like VTR, HCP, HCN, LTC and SBRA. I guess you can tell I like the sector a lot long term.

    • Hi D4J,

      I like ABBV under $80. I know it may be a more volatile stock than others out there but at certain levels it just says, “Buy me.” GILD is a small portion of my portfolio along with complement AMGN. I like both stocks long term and wouldn’t mind adding more on weakness. Thanks for sharing your comment.

    • Hi MR,

      For now, ABBV looks like my choice if I see it under $80. It’s already quite large so I may have to wait to add to that name unless we see some major drop.

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