3 Stocks I’m Buying (July 2023)
Three quality companies.
Three unique strategies to buy them.
Last month, I kept most of my money on the sidelines.
I correctly guessed that stocks would rally based on Wall Street exuberance over the debt ceiling. And there wasn’t much I wanted to buy.
This month, a lot of stocks are still overvalued…
But now, I’m using a variety of tactics like put options and limit orders to capitalize on the situation.
Here are the three stocks I’m buying in July, 2023.
1. Buying: Texas Instruments Incorporated ($TXN)
One of the few stocks that’s actually trading lower than my initial purchase price.
Texas Instruments makes semiconductors, voltage regulators, and electronic components. Historically, this is a market-beating stock. With a 10-year average annual total return of 20.14%.
However, shares recently dipped below $170. And I happily bought more.
Texas Instruments is currently yielding 2.90% in dividend income.