Trade: Added Texas Instruments and WellPoint
The Net Payout Yield Portfolio added Texas Instruments (TXN) and WellPoint (WLP) Both stocks have had huge buybacks in recent quarters providing a big boost to earnings going forward. The annualized yields would be easily over 10% so we used the weakness at the opening to add to positions in both stocks.
TXN was added around $24.20. Position size now 4.6%
WLP was added a round $52.00. Position size now 3.7%.
TXN was added around $24.20. Position size now 4.6%
WLP was added a round $52.00. Position size now 3.7%.
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