ABBV - Recent Purchase: AbbVie
In recent weeks I’ve written several pieces highlighting the importance of holding cash. I’ve mentioned that the market has rallied back to all-time highs and attractive values are difficult to come by. I’ve said that patience is key to value investing. The same thing goes for dividend growth investing. By waiting for attractive value, an investor widens their margin of safety and when he or she is focused on dividend growth stocks, buying into weakness increases yield on cost. There’s nothing better than killing two birds with one stone. And most of the time, it