Another week, another buy of $KMB
Account: Roth IRA
Qty: 1 share
I was over my 2% cash target in my Roth IRA, so I bought another share of $KMB
. 4th consecutive purchase of $KMB
was tied for highest rated in portfolio at 4.5/6. Held tie breaker over $HSY
because it is the most underweight holding.
PADI increased from $230.12 to $234.72.
Average Cost Basis from $129.49 to $129.08.
8.0907 total shares. Moves from 3rd to 2nd largest holding in portfolio.
S&P Cost Basis Rank - +1. Average Cost Basis Outperforming S&P by 9.3%.
FCF Rank - +0.5. Dividend/FCF is at 90.5%, greater than 50%.
Conviction Rank - +0.5. Medium. Steady compounder, but nothing special.
Dividend Yield - +0.5. 3.65% is greater than Average of 2.46% but less than top 5% of 4.91%.
Weighting - +1. Current allocation of 9.4% vs target of 20%.
P/E - +1. P/E of 22.11 is less than 25.
Continuing to follow my plan and trust the process. With this buy I am more than halfway to my target allocation in Consumer Packaged Goods. With $KMB
being my only holding in the sector/industry, I will continue to add as long as it remains at the top of my Scorecard.