CAT

Caterpillar

$
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9

-$33.87 -17.12%
September Watchlist Update
I have reviewed my watchlist and updated my potential Birthday Buys for the month of September. As we move closer to January, I am getting more clarity into what I will be buying.
Looking at both portfolios right now, the most intriguing additions are in my Roth IRA. The top rated holdings in my Taxable watchlist are all industrials type companies ($DE, $F, $CAT, and $DMLP). Seeing that I already have Industrials exposure in that account through $CARR, making another Industrials addition would only further clutter and dilute my portfolio.
In my Roth IRA, I have a number of very strong potential buys with $OZK, $RICK, $CAH and $LMT topping the list. As I have said before, I do not like to be influenced by share price, but with Merrill Edge not offering fractional shares, $LMT might be priced out for me in the short term.
Here is my updated watchlist for both accounts and changes that were made:

Taxable
Removed:
$PENN - Has dropped to a 4/6 on my Scorecard. $RICK has moved ahead of it at a 4.5/6. I have existing exposure in Sin Stocks, so I want to be certain with any new additions.
Added: None
Roth IRA
Removed:
$REGN - Dropped to a 4.5/6 on my Scorecard. $CAH is a higher ranked Healthcare company at a 5.5/6 on the Scorecard and will be my Healthcare focus.
Added:
$WM - Its back! After being removed in August, $WM has climbed up to tie $AY as Utilities options at 5/6 rankings.
$TPR - Surprised to see this climb up to a 5/6. Have been tracking for a while after learning about its brands. Will continue to track.
Would like to hear any of your thoughts on the companies mentioned to help add to my research on these positions.
post media
Which dividend payer would you add?
I'm considering replacing $MMM in my 401k, which I've populated with stodgy, "boring," stable, (mostly) dividend paying companies. My current holdings are:

Traditional side of 401k - $CRM, $JPM, $MKL, $MPW, $SHW, $TROW, and $TYL
Roth side of 401k - $BIPC, $MCD, $MMM, $O, $PEP, $PLD and $WM

Just curious what the Commonstock crowd would choose to replace $MMM with.

Feel free to drop a suggestion in the comments though I've already whittled a list of ~twenty stocks down to these four. $HSY $UNP $UPS $CAT
Which would you replace 3M with?
25%The Hershey Company (HSY)
31%Union Pacific (UNP)
12%United Parcel Service (UPS)
31%Caterpillar (CAT)
16 VotesPoll ended on: 09/03/22
Fed Speakers, Earnings, JOLTS. Oh yeah, and Pelosi’s visit to Taiwan
Good morning contrarians! Nancy Pelosi’s anticipated visit to Taiwan has stock futures on edge a little bit, but not as much as you might expect if World War 3 truly was imminent.

For whatever reason, the Pelosi visit is not being treated very seriously by the market. Even in Asia the sell-off was not particularly acute, with indexes in Hong Kong and Shanghai down no more than 2% and change. Investors are either being way too blase about this or they recognize Chinese bluster when they see it.

The Fed remains the bigger focus here. Are Powell and co really set to shift to a neutral stance on interest rates? How soon? These questions are front and center of investors’ minds. For now, the narrative that the Fed pivot is coming soon appears to be winning out, at least judging by markets. Most Powell-inspired rallies fade after a day or two. This one is almost a week old already.

Chicago Fed President Charles Evans speaks this morning. St. Louis Fed President James Bullard after the close this afternoon.

Earnings: $DD just beat on top- and bottom-line and raised guidance. $MPC beat on top- and bottom-line. $CAT was mixed.

More here:
August Watchlist Update
Below is an update on my watchlist for August in preparation of my Birthday Buys in January! I am targeting to add 1 to 2 positions in each portfolio. Some of the great July Ideas recommendations have made their way onto my watchlist 👀
Taxable
Removed:
$COST - I have a number of other very strong alternatives that I would add ahead of Costco, so I removed it from my watchlist.
Added:
$DE - Jumped to a 5/6 to tie $DMLP as an Industrials option.
$F - Potentially breaking one of my rules by choosing not to invest in auto manufacturers. This was a July Ideas rec, and ranks as a 5/6 to tie $DMLP as an Industrials option.
$CAT - Jumped to a 5/6 to tie $DMLP as an Industrials option.
Roth IRA
Removed:
$WM - Dropped from a 5/6 to a 4.5/6 over the course of July. Added $AY, which has a higher ranking at 5/6.
$ALL - Dropped from a 5/6 to 4.5/6 over the course of July. Still have $OZK as strongest potential Financials picks ranking at 5.5/6.
$AFL - $OZK increased from a 5/6 to a 5.5/6, which is now my strongest potential financials play. $AFL has therefore been removed.
Added:
$RICK - July Ideas rec. Ranking at a 5/6 and strong Sin Stock option.
$AY - July Ideas rec. Ranking 5/6 as a Utilities option.
$CAH - Jumped up to a 5/6 in July to tie $AMGN as a top Healthcare option.
$REGN - umped up to a 5/6 in July to tie $AMGN as a top Healthcare option.

​My predicted picks in July were $PENN in my Taxable account and $AMGN in my Roth IRA. Now in August, my picks have changed to $CAT in my Taxable and $OZK in my Roth IRA.
I'd love to hear your thoughts on my picks and thought process!
post media
Conor's avatar
$20.7m follower assets
Started a 1% Position in $CAT
Director David Maclennan bought $131,892 worth of $CAT today for an average price of $219.82. According to Google he "only" makes $282k a year. This represents a significant chunk of his annual salary.

The shares I just bought were at an average price of $213.9

Who else likes $CAT?

Of course, my favorite metric, is earnings yield is over 5%. They are also repurchasing shares and paying off LT debt.
Next

Longest holders

Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Community members can link their existing brokerage accounts and share their real time portfolio, performance and trades (by percent only, dollar amounts never shared). Commonstock is not a brokerage, but a social layer on top of existing brokerages helping to create more engaged and informed investors.