Account: Roth IRA
Qty: 1 share
I was over my 2% cash target in my Roth IRA, so I bought another share of $KMB
. 3rd week in a row adding to $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 $227.35 to $231.44.
Average Cost Basis from $129.90 to $129.49.
7.0907 total shares. Moves from 4th to 3rd largest holding in portfolio.
S&P Cost Basis Rank - +1. Average Cost Basis vs S&P is +8.77% since 1/18/22.
FCF Rank - +0.5. Dividend/FCF is at 90.5%, greater than 50%.
Conviction Rank - +0.5. Medium. Steady CPG company.
Dividend Yield - +0.5. 3.63% is greater than portfolio average of 2.41%, but less than top 5% of 4.91%.
Weighting - +1. Current allocation of 8.2% vs target of 20%.
P/E - +1. P/E of 22.24 is less than 25.
Probably will continue to add in the coming weeks and months. The only thing that will probably drop the score is if P/E gets over 25, which would mean a stock price increase to $143. That would be a pretty significant jump for this steady compounder and would be right around its 52-week high.
For now, I'll take the dividend and continue to build a bedrock position.