Stocks That We Bought and Sold for the Past Year to Date

posted Jul 27, 2019, 12:04 PM by Intelligent Investor   [ updated Jul 27, 2019, 12:04 PM ]
Sold John Deere (DE), it is a cyclical business and the trade war the U.S. has with China isn't making things any better. Berkshire Hathaway also sold their holdings of this company a few years ago.

Bought Bank of New York Mellon (BK), we think their numbers looks better than Goldman and Sachs (GS), Berkshire Hathaway continues to accumulate this stock, the P/E Ratio is at 12, and has a Dividend Yield of 2%.

Bought Synchrony Financial (SYF), Berkshire Hathaway own this, P/E Ratio is at 7, and has a Dividend of 3%.

Bought International Business Machines (IBM), the Technical Analysis shows that it has bottomed, they announced to acquire Red Hat (RHAT) a provider of Linux OS, the P/E Ratio is at 12, and has a Dividend of almost 5%.

Bought Biogen (BIIB), I've always wanted to buy this company, one of their Alzheimer's drug research failed and their stock tanked to a P/E Ratio of below 10. In our opinion, this company is way undervalued given the fact that they have cash to make acquisitions and other drugs on their pipeline.


John Deere (DE)

Bank of New York Mellon (BK)
Synchrony Financial (SYF)
International Business Machines (IBM)
Biogen (BIIB)