Stocks I'm buying January 2018

Happy New Year Y'all not much has changed since last months "Stocks I'm buying" post since I decided to spend much of my cash on going out and celebrating my birthday, rather than buying good ass companies. (Top notch advice from a personal finance/investing blog, The Compounding Dollar is hanging by a thread.) 

Last month

Last month (or last year, HA! I'm so funny) my top 4 positions were Cintas, Coke, Visa, and American Express respectively.

1. Cintas

Still, in number 1, is Cintas, Cintas reported quarterly earnings last month with a 26.4% revenue increase, an EPS increase of 0.17, and a dividend increase of 21.8% year-over-year. The stock price temporarily jumped up by 5% during after hours, but soon fell the following trading day. As long as the U.S continues producing jobs, Cintas will continue with such strong growth and revenues going into 2018. 

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Cintas is up by 11% since we first purchased back in November.

2. Coke

Coca-Cola! Sugary beverages (and general consumer staples) have been struggling a bit, underperforming the S&P last year, some have managed to stay afloat. Soft drink companies are under even heavier fire as a lot of people are finding healthier alternatives. Irial Finan is said to step down from Coke's VP position after 3 decades working for Coke. He is being replaced with Calin Dragan, a director of Bottling Investment Group. Coke plans to announce fiscal 2017 results next month. 

The stock price for Coke has been in a bit of a rut. Unable to break out from its 52 week high. Coke is down by 0.50% since we first purchased back in September.

3. Visa

Nothing important has happened to Visa, Jim McCarthy, a then innovation chief for Visa, was fired for having affairs with two women in his division. Scandalous. Visa reports fiscal 2017 results come next month. 

Visa is up 13% since I purchased back in September.

4. Square

Square, welcome back. It knocked off American Express since recently Square fell an almost 30% from its 52 week high of $50 back to $35, so we purchased more shares. It paid off since I purchased where it has recently bottomed. It was pulled back due to an analyst changing its perspective/view on Square. Nothing important is happening with Square, aside it venturing into using Bitcoin as payment. 

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Square is up 50% since we first purchased back in September

Portfolio YTD

Portfolio is up 5% Year To Date