Showing posts with label SO. Show all posts
Showing posts with label SO. Show all posts

Tuesday, January 30, 2018

Recent Buy - The Southern Company (SO)

Yesterday, I added to my position in SO.  The share price has been trading roughly 7% below my cost basis and is now yielding > 5% with sound metrics to back it up.  Of course, it is widely understood that it is speculation concerning interest rates that has weighed heavily on the stock price and thus forcing the yield higher to compete with what Wall St. is expecting to be higher bond yields in the not too distant future.  I comfortable moving against the grain. Here the details of the purchase: