I added more shares to my portfolio with the purchase of Cardinal Health Inc (CAH).
16 shares @ $58.40 on 11/13/2017.
21 shares @ $56.19 on 11/15/2017.
This increases my forward 12-month dividend income by $68.08 to a total of $4,530.06
I also updated my portfolio page to reflect the change.
Check out the article that was published over at Seeking Alpha about CAH.
When I bought the 16 shares, I used some of the capital from the recent sale of GE. The addition 21 shares I bought was my normal buying pattern. CAH is now a core stock in my portfolio as well as the recently added AT&T. CAH now as a weighted percentage of 3.93%. I like to keep my investment under 4%. If CAH has a run-up in price, I will continue to hold it and just purchase other companies to bring the percentage back down. I am not going to talk about much about CAH because I talk about it in great detail over at Seeking Alpha. I do not plan to buy any more shares of CAH at this time.
CAH is undervalued, and I recommend it a BUY at this time. As we see below in the Fast Graph, is lower than its normal PE of 15.4 with a current PE of 11.0.
Source: Fastgraphs.com
Have you been adding to CAH? If not, what stock was your last buy?
Thanks for reading, and don’t forget to follow me:
Feedly:
Twitter:
Follow @fiscalvoyage
Facebook:
Image by Sira Anamwong at FreeDigitalPhotos.net
Welcome to my Blog. Here I like to talk about the two things that I am very passionate about which are Investing and Traveling. Please feel free to explore the site and check out the About Me page for more information. Thank you for visiting. 
You like to keep your investment under 4%.
Your investment model is worth following.
Thanks Paul! This protects my portfolio if any stock fails.
Hi FiscalVoyage,
I have been following your blog for a while and great job on starting the crypto mining ! I have started it for last couple of months as well.
I do hold some shares of CAH(110 @ 65$ per share) Do you think at the current market price($49.77 per share), should i try to average it out ?
Thanks !
Hi Dhaval, thanks for following and I’m happy to have you as a reader. 😊
How’s your mining been going?
CAH it’s actually on top of my list to buy more shares of. It’s super cheap and great potential. I will be averaging down soon.