Huntington Bancshares posted positive quarterly results today and we would consider adding to our position on a 5% pullback.
We'll be listening for an update from management about interest rate expectations when the bank reports Wednesday morning.
We taking advantage of the pullback to add shares to our Unilife position.
As earnings season kicked off, we used the selloff this week to add to three of our model portfolio positions.
Although the stock has fallen 11% this year, we believe the bank can deliver above-average growth over the coming quarters.
We believe this momentum can continue and that dividend-paying stocks can outperform in a choppy market environment.
The stock has been caught in the larger decline, so we'll put some cash to work here.
As a new quarter began this week, we used the volatility to add shares to two of our model portfolio positions.
The stock is trading lower this afternoon, along with the rest of the biotech sector, but we remain bullish on the company's outlook.
We are taking added measures to check in and see how it's going.