I’ve been following the third earnings season with great attention. Since September, I’ve entered in the process of investing $100K in the stock market. To this date, I have $76K invested already (here’s my portfolio). My investment strategy is all based on picking strong dividend growth stocks. Since I’m going 100% equity with this portfolio, I’m also looking for some “safer” or what you can call “blue chip” companies.
Last week, both Procter & Gamble (PG) and Johnson & Johnson (JNJ) posted their latest earnings. PG stock is down by 5.50% since then (as of October 23rd in the morning) and JNJ is up by 5.50% (but declared its earnings 2 days before PG). Should you pick up PG on the dip or keep riding the positive wave with JNJ?
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