Apple (AAPL): Added to Position

Apple (AAPL) sold off with the rest of the market later in the week, triggering a buy order I had in place at $146.05 on Friday. The order raised my per-share “cost” +$5.68 from -$44.88 to -$39.20 (a negative price means each of my shares cost nothing and each adds $39.20 to my portfolio’s bottom line in addition to the shares’ current value).

From here, my next buy target is $132.30. My next sell target is around $205 when Apple will have exceeded the portfolio’s target allocation size.

AAPL closed the week at $146.06, up +$0.01 from where I added Friday.

Berkshire-Hathaway (BRK.B): Added to Position

Berkshire-Hathaway (BRK.B) is often referred to as an analog for the S&P 500 since the giant conglomerate has its fingers in pretty much every sector of the economy, however, I do like having a small amount of it in my portfolio just so I can say I own some Berkshire-Hathaway.

BRK.B sold off with the rest of the market this week, reaching a level that I thought was interesting so I added a small amount to my position on Friday with a buy order that filled at $276.27.

The order raised my per-share cost +11.53% from $163.97 to $182.87, however, that is still -9.45% less than my initial $201.96 buy on August 2, 2019. From here, my next buy target is $247.90, a past point of support, and I have no sell targets on the stock, for the moment.

BRK.B closed the week at $276.76, up +$0.49 from where I added Friday.

Dow Chemical (DOW): Added to Position & Dividends

Dow Chemical (DOW) came under pressure with the rest of the infrastructure plays this week, testing the $60.00 level which prompted me to put in a small buy on Monday which filled at $60.38.

The buy order did raise my per-share cost +0.68% from $35.55 to $35.79, but, with its dividend in excess of 4.6% at Monday’s levels, I felt adding a small bit to the position was reasonable.

Additionally, Dow paid out its quarterly dividend of $0.70/shr this week which reduced my per-share cost -1.12% from $35.79 to $35.39. My next buy price target for DOW is $57.30 and my next sell target is $71.75.

DOW closed the week at $57.75, down -4.36% from where I added Monday.

Logitech (LOGI): Added to Position

The selling pressure in Logitech (LOGI) has been relentless, and this week was no exception. When it dropped beneath $95, I decided to add some more capital into my position with a buy order that filled at $94.90, a -32.30% reduction from LOGI’s all-time high of $140.17 made earlier this year.

The buy did increase my per-share cost from $0.40 to $2.65, however, considering my first buy was at $24.40 on November 11, 2016, my current cost is a reduction of -89.14% from my initial buy. Plus, with LOGI’s ex-dividend date on 9/20, I made it in under the wire to get a bit more of its $0.96/shr dividend which is 1.01% annually at my buy price.

From here, my next buy target is $84.35 and my sell target is around $160 when Logitech will have exceeded the target allocation size for the portfolio.

LOGI closed the week at $95.76, up +0.91% from where I added Friday.

Nike (NKE): Added to Position

A combination of China fears and a Covid-19 outbreak at some of Nike’s (NKE) Vietnam factories caused the big swoosh to sell off this week, triggering a sell order I had in place which filled on Tuesday at $157.57. The buy raised my per-share “cost” by $5.71 from -$24.66 to -$18.95 (a negative figure means each share cost nothing and, instead, adds $18.95 to my portfolio’s bottom line in addition to the value of the shares).

From here, my next buy target is $132.40, above a past point of support, and my sell target will be after the position exceeds the allocation target for the portfolio, currently above $210/shr for Nike.

NKE closed the week at $156.42, down -0.73% from where I added Tuesday.