This is the final week in a three-week stretch in which I am abstaining from the usual $250+ investment into the portfolio, thus maintaining the $250+ per week average. Nevertheless, I go through the motions for the most devout readers.
This week, four of the portfolio holdings ranked in the Top Ten: FMCB, MMM, MO, and TDS.
Ticker | Account Value |
FMCB | 1,970.00 |
MMM | 2,399.59 |
MO | 2,644.80 |
TDS | 2,749.65 |
The lowest amount belongs to FMCB.
Earnings season has kicked off. Two of the positions in the Portfolio for the Ages have already reported their quarterly earnings, PPG and FMCB. Both companies announced record earnings and beat analyst estimates accordingly. It is good to see these two Kings lead the way. Next week we learn how ABBV and MMM faired during the second quarter.