Well, the DOW was up and down, swinging 1000 points over 2 days span. Divhut.com has $JCI on his watch list back January or so. I watch the stock swung to $44 before descending back down to $34.xx today. The yield is at 3%, I figured this is a great entry point.
JCI is an HVAC company that produce brand s
Manuafacturing companies will get hit HARD with the tariff fight. But in the long run, it’s probably going to be better for American economy. So far in 2018, the jobs are still running away to overseas, but says, if they pass a bill to lower the tax for the products to be made at home – the SAME thing that China is subsidizing their companies, American companies might be able to compete. I LOVE the corporate wellfare. LOL 🙂
In the meanwhile, I might expect $JCI to go a little lower around $30.xx. In that case, I’ll buy more share. For now I’m happy with the 3% dividend.
Like I says, buildings, houses are popping up around my city and surrounding counties, so business will continue to be good for the HVAC sector.
Are you cooling off from the market or heating up?