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Lowe's: I Just Sold This Dividend King And Bought 3 Stocks That Are Even Better
LOWLowe's(LOW) Seeking Alpha·2024-01-25 12:33
JHVEPhoto I just made another trade in my portfolio, which I believe increases the quality of my holdings while enhancing my passive income prospects moving forward. On 1/22/2023, I sold my entire Lowe’s (NYSE:LOW) position at $$219.30, locking in long-term gains of 62.3% (in a retirement account, so there are no tax consequences) on shares with an overall cost basis of $$135.10. Lowe’s is a Dividend King with 60 years of consecutive annual increases. And with that in mind, 62.% gains or not, I’m sure som ...