Here we go again. Market volatility seems to have come back in recent days as major indexes rocketed higher only to give back most of the gains the following day. We all know the mantra of increased volatility equals increased opportunities and this week seems to be no different. Of course, the challenge is to find which specific investments to add fresh capital to within a volatile market. It’s no surprise then, that REITs have continued to pop up on my radar, especially the health REITs, during this time. Once again, talk about rising interest rates have taken their toll on some otherwise very high quality and stable dividend payers in the sector. Last week I added to my positions in Ventas, Inc. (VTR) and Welltower Inc. (HCN) and this week I continued to see better price, value and yields offered within the same sector. With that being said, and still sticking to my November stock considerations:
I have added to my IRA account 13.5227 shares at $59.16 for a total investment of $800 in Welltower Inc. (HCN). With this recent purchase my IRA account holdings in HCN now totals 53.1344 shares for a value of $3,126.96.
I also added to my IRA account 23.8965 shares at $33.48 for a total investment of $800 in HCP, Inc. (HCP). With this recent purchase my IRA account holdings in HCP now totals 71.6133 shares for a value of $2,392.60.
Looking at my taxable account I also saw an opportunity to average down on recently beaten down Archer-Daniels-Midland Company (ADM) after announcing disappointing quarterly results earlier this month. ADM was actually an October stock consideration of mine and I’m happy that I was able to pick up some additional shares at slightly better prices after their recent earnings report.
I have added to my taxable account 41.1200 shares at $37.74 for a total investment of $1,551.87 in Archer-Daniels-Midland Company (ADM). With this recent purchase my taxable account holdings in ADM now totals 67.5535 shares for a value of $2,512.99.
What do you think about my recent stock purchase in the health REIT sector as well as adding to my ADM? Are any of the above names still on your November radar screens? Please let me know below.
Disclosure: Long VTR, HCN, HCP, ADM