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Stock Market under President Biden
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(02-22-2021, 10:39 AM)HURRICANE!!! Wrote:(02-22-2021, 10:12 AM)jagibelieve Wrote: Big deal. The stock might pull back a bit for a few days then turn around and resume it's growth. I'm sure the dividend will still be fine. I expected a slight loss today, but it didn't happen (so far). There was a drop at the open for a short period of time which I think were "panic sellers" reacting to the news. Overall the Aerospace And Defense sector is still doing fine (I have a pretty good chunk in an ETF [ITA] that I have held for a few years). As far as a price target of $300+ by Dec 2022, I don't know... I'll sit back and watch how things play out and you never know, I may look for an exit point between now and then since this is just a sliver of my portfolio. As I have posted many times before, I rarely invest in individual stocks. I expected Boeing to resume paying out dividends after Q1 of this year, but it looks like that won't happen. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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