Spring Cleaning: SKT, ABT, CLX and PAXN Sale

Sale of SKT, ABT, CLX (all on NYSE) due to poor future dividend prospects, as well as PAXN (Zurich Stock Exchange) due to a takeover bid by Bâloise Insurance.


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6 thoughts on “Nettoyages de printemps : vente de SKT, ABT, CLX et PAXN”

  1. Hi Jerome, I wanted to know what made you sell Skt? I think the results are not so bad. After yesterday's fall do you think it's the right time to position yourself on Adm (Archer Daniels)? Have a nice day

  2. It's mostly a strategic choice. I want to put some cash away because I find the markets increasingly indecent. Even if SKT as a REIT is supposed to be somewhat protected from a correction, it is still oriented towards shopping centers, so it can be impacted in one way or another. The only other REIT I have at the moment, SNH, is on the other hand supposed to hold up better... thanks to the baby boomer seniors 😉
    ADM, we'll have to see what the algorithm tells us this weekend, but I actually already found the stock interesting before this fall. Now we just have to be careful, because the stock has fallen for good reasons, in this case a drop in profit and not very encouraging prospects. But with 42 consecutive years of dividend increases, I think ADM has seen others... Good stock market!

  3. I too am torn between all these stocks that are reaching new all-time highs every day... But I am trying to hold on, because I know that if I sell the apple tree I will have no more apples...
    My only sale this year is Inficon, whose price has, in my opinion, really strayed indecently from fundamentals.
    When will the crash happen? Maybe in 1 month, maybe in 5 years…

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