Verizon & PepsiCo Buys

First Stocks Buys in 2016:

I’ve finally added some new stocks! I’m very excited since its been over 6 months since my last buy! I started out this early afternoon and bought 4 shares of PepsiCo @ 103.3794.

The reason why I bought PepsiCo is due to the international exposure and the health brands. I just love what Pepsi manufactures. I see some of their brands every day and I know that they make great products.  Products such as Quaker, 7Up, Mountain Dew, Brisk, Gatorade, Ruffles, Fritos, Lays, Cheetos, Lipton just to name a few.

After adding PepsiCo, I took a look at my portfolio and POT (Potash Corporation of Saskatchewan Inc.) caught my eye again. I decided to do some research on how Potash was doing and found articles about its revenues and their dividend cuts. This was old news because the article was written back earlier this January. I decided to sell the shares and instead bought Verizon (15 shares @ 51.162). I should have done this from the very beginning.

I know that Verizon is not considered a dividend aristocrat but it has been raising dividends for nearly a decade now. I believe that it will be one by the time I’m near retirement. Hopefully I will be able to add more stocks each month for the rest of the year. Please check back for more updates!

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2 thoughts on “Verizon & PepsiCo Buys

  1. Investment Hunting May 3, 2016 / 7:30 pm

    Good move. PEP is a strong brand with good growth opportunities. I recently bought Potash shares. In retrospect, i probably should’ve waited. The stock is likely to fall to the $12 to $15 range before heading back up. Oh well, I don’t try to time the market. I see POT as a good long-term hold.

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    • DividendLiberty May 3, 2016 / 9:56 pm

      Thanks, I may pick POT back up if it reaches to those levels. I agree that it is a very good stock to have in your portfolio for long-term hold!

      Like

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