Portfolio updates – buys and sells

Portfolio updates – buys and sells

I have made / will be making a few changes to my portfolio:

After contemplating my analysis of Apple (AAPL) a few days ago I have added it to my portfolio. I bought in at $451 per share.

I have also had a change of heart regarding Walmart (WMT), given its looking fully valued at around an 8% discount rate on future cash flows I have decided to exit this position. For a small investor like me I think higher rates of return are available. But I’ll sell at no less than $75.

I will also be reducing my position size in Tesco (TSCO) as it currently accounts for around 1/6 of my portfolio which I feel is too high. I bought it when I first started investing and had very few ideas and was keen to deploy cash. I won’t be noting the sale on my portfolio page but will be selling at a small profit. My opinion on its (under)valuation is unchanged, this is simply to reduce its dominance of my portfolio.

Overall my portfolio is now approximately 1/3 in cash which I am looking to deploy for good returns. This level of cash doesn’t reflect a view of the market, simply that I haven’t yet found enough places I want to put my money!

If you found this post useful, please subscribe to receive new posts for free by email.
Or subscribe to the RSS feed.

Investing Sidekick

Founder of Investing Sidekick. Works as a research analyst and is an avid value investor, always searching for undervalued shares. An SA certified writer.

Leave a reply


Disclaimer | Copyright Notice | Terms and Conditions | Privacy Policy | Contact Us

© Copyright 2016 Investing Sidekick. All Rights Reserved.