Thought I would give you some infos, since you are all begging for it. I know you are!
Well, for instance, this week I bought a small amount of shares of Verizon (VZ), the U$ giant-telecom company. The share had a 15% drop since it's 53$ high this year. I thought it was a good small entry-point. At 4,75% the yield is pretty decent.
I bought 25 shares of VZ.
« Verizon is one of the largest communication technology companies in the world. It operates America’s largest 4G LTE wireless network and the nation’s premiere all-fiber broadband network.»
Apart from the fact that Verizon is a strong and reliable company, the main reason why I bought it it's because I don't own much telecom in my portfolio. I have a small position in BCE, a Canadian telecom.
I want to hike my overall % to 6%. It is now at 2,45%, which is pretty low for a sector in such demand.
I also added some shares of Cominar (CUF.UN). Real Estate is a sector I wanted to increase my exposure a long time ago.
« Cominar Real Estate Investment Trust is one of the largest diversified real estate investment trusts in Canada and the largest commercial property owner and manager in the province of Quebec. »
Their real estate portfolio includes 563 office, retail, and industrial properties in Quebec and Ontario. It represents more than $8.2 billion in assets.
The share yields at almost 8%. It's kind of high but it's an Investment Trust, so it can allow to give out more cash to its shareholders.
I have now 180 shares of CUF.UN.
In september, I also bought 150 shares of a small-cap pharma name Knight Therapeutics that operates in Montréal. It's quite a long shot, so I placed it in my portfolio under the «Penny Stock» section.
They recently sold a Voucher that was worth 125 millions. They are sitting on a lot of cash, but don't have a lot of things to sell at the moment. Will see. The CEO has shown in the past that he can make some really nice moves...
Check it out for yourselves : here.