Started A Position in Medtronic (MDT)

Introduction Medtronic had been a company on my watchlist for a while now.  My concern was around valuation, they traded at 19-20x full years earnings a few months ago.  After the earnings release on 11/22 the stock promptly dropped close to 10% the next day and I started a position at $73 a share.  At that price, it puts the valuation at 15-16x earnings which is much more up my…

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Added More Shares After CVS Earnings Drove The Stock Down 15%

Q3 Earnings Results CVS Health (CVS) Q3 results: Revenues: $44,615M (+15.5%); Operating Income: $2,817M (+20.8%); Net Income: $1,542M (+24.7%); EPS: $1.43 (+30.0%); Non-GAAP EPS: $1.64 (+28.1%); Quick Assets: $2,263M (-11.2%); CF Ops: $7,948M (+64.2%). Q4 Guidance: GAAP EPS: $1.52 – 1.58; Adjusted EPS: $1.64 – 1.70. 2016 Guidance: GAAP EPS: $4.84 – 4.90 from $4.92 – 5.00; Adjusted EPS: $5.77 – 5.83 from $5.81 – 5.89; CF Ops: $9.3B- 9.5B;…

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October 2016 Dividend Income – $209

Dividend Update Now that October is in the books, here is the income that I received over the month.  I’ve crossed over the $200/mo mark for the first month in a quarter.   I earn the majority of my dividends in the third month of ever quarter.  Occidental is struck through because I have since sold the position though I received the income.  My full article for October can be…

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