Cardinal Health, Inc. (CAH) Purchased on 11/28/2016

In November I sold a stock from this portfolio for the first time.  CSX Corporation (CSX) had had a significant price increase in the year that I owned it, and so I sold, and used some of the proceeds to make a new investment.  I sold CSX for about $34.  Today the price is closer to $48.  (Ouch!  If I held on for the big move up, I would have been better off.  But I am looking forward, focusing on growing the dividend payments to $560 per month on average by the end of 2035.)

The stock I purchased soon after my sale was Cardinal Health, Inc. (CAH), which was looking really good at the time.  The price was near a two-year low.  The stock had spent the last few months with a P/E ratio under 15, a place where CAH has recently move back up above again.  I think CAH remains an excellent stock to hold going forward.

CAH has enjoyed a significant price increase in the short three months that I have held it.  The dividend has not been raised since I purchased it, but I expect that that will happen within the next few months.