In my quest to upgrade my portfolio to better quality stocks, I continued selling higher PE stocks for lower ones.
On Friday, July 15, I sold SQ (Square/Block) and V (Visa) with the proceeds. SQ has a PE of -367 and V has PE of 32. Visa has broken through recent resistance at $204.
Earlier this week, I wrote about my SHOP position. If it goes below $30.00, I have stop order to sale in place. If that happens, looking to buy another low PE stock.
Thanks,
Mike
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