Q: Hi Peter and team,
I own a reasonable amount of St. Jude medical which is being purchased by Abbott - approx. half cash and half stock.
My other large cap medical holdings includes.
Pfizer, Merck, Medtronic, J&J
I also own GUD & recently bought some Savaria, small portion of EXE
Each has approx. a 1-2% allocation.
Would appreciate your thoughts about when & / or how to get out of St. Judes and what to replace it with.
I don't want more mainly pharma so probably wouldn't add Merck or Pfizer.
I like stocks with a moat such as SJM, MDT, Stryker, Zimmer Biomet and Savaria.
I don't know enough about Abbott to decide if I should simply take the shares. If Abbott is going to be more of a device / equipment company and looks good here I would take the shares.
I am happy to hold these 5-10 years (probably longer) and am close enough to retirement - 3-5 yrs that income and lower risk become more important.
I would appreciate your input as to strategy here and what to do with the cash / shares.
Could you rank the above names taking these factors into account?
Thank you in advance for the great service and your input. ( Please subtract the number of questions you think is fair.)
Tulio
I own a reasonable amount of St. Jude medical which is being purchased by Abbott - approx. half cash and half stock.
My other large cap medical holdings includes.
Pfizer, Merck, Medtronic, J&J
I also own GUD & recently bought some Savaria, small portion of EXE
Each has approx. a 1-2% allocation.
Would appreciate your thoughts about when & / or how to get out of St. Judes and what to replace it with.
I don't want more mainly pharma so probably wouldn't add Merck or Pfizer.
I like stocks with a moat such as SJM, MDT, Stryker, Zimmer Biomet and Savaria.
I don't know enough about Abbott to decide if I should simply take the shares. If Abbott is going to be more of a device / equipment company and looks good here I would take the shares.
I am happy to hold these 5-10 years (probably longer) and am close enough to retirement - 3-5 yrs that income and lower risk become more important.
I would appreciate your input as to strategy here and what to do with the cash / shares.
Could you rank the above names taking these factors into account?
Thank you in advance for the great service and your input. ( Please subtract the number of questions you think is fair.)
Tulio