Dillard's (DDS) stock has already run up from the massive stock repurchases. They've been steadily buying back shares since 2014 and have seen tremendous stock outperformance largely due to this factor. I was citing DDS' historical example as why I thought the same thing could happen to AMR stock price. But no, I would not be particularly interested in DDS stock at current levels.
Thank you! Almost any coal stock bought in early 2020 would have been at least a 10-bagger including BTU. But AMR has truly proven itself as the High King of Coal :)
Great read. Taking the value here and applying it across commodities.
You mentioned DDS but it's not in your model portfolio. Do you mind elaborating why?
Dillard's (DDS) stock has already run up from the massive stock repurchases. They've been steadily buying back shares since 2014 and have seen tremendous stock outperformance largely due to this factor. I was citing DDS' historical example as why I thought the same thing could happen to AMR stock price. But no, I would not be particularly interested in DDS stock at current levels.
Hoping that your oil picks will turn out just as well!
Will you be posting about the state of the model portfolio anytime soon?
Yes, hope to publish a portfolio update soon, at least by end of month.
This is incredible. And hats off to you for that BTU call, which is another whale tale for another day :)
Thank you! Almost any coal stock bought in early 2020 would have been at least a 10-bagger including BTU. But AMR has truly proven itself as the High King of Coal :)