Recent Buy in CVX and CRWS
Over the holidays not much has been going on (especially since I didn't save much.) I did have enough cash though to initiate to positions in decent companies. The first is Chevron Corp. ( CVX ). I wrote about them and a few oil companies in one of my previous posts, Battlefield Oil . The other is Crown Crafts Inc. ( CRWS ). I had read an article about them and then did some research. It was a small purchase for a small company. Chevron was a no brainer. Being the fifth largest integrated energy company in the world and a dividend champion gave me enough confidence that the dividend is secure and will continue to grow. Their free cash flow is not so well but overall the last quarter's cash flow statement was in decent shape. They will survive this bump. I was able to pick up 9 shares at $109.04 and then watched it drop further. Sometimes you just have to smile when that happens to you and keep your chin up....