2 Stocks I Bought This Week, and 2 Stocks I Sold
Market gyrations are giving investors an opportunity to perform portfolio makeovers, and I've been doing some pruning and planing myself. Earlier this week, I sold a couple of stocks but initiated two positions, as well.
I sold my entire position in American Airlines Group (NASDAQ: AAL) and American Express (NYSE: AXP), but I can assure you that I'm not anti-American. I also bought into Cisco Systems (NASDAQ: CSCO) and Southwest Airlines (NYSE: LUV).
Why did I replace one airline for another? Why did I realize that -- when it comes to American Express stock -- that I should leave home without it? Did I pick up my shares of Cisco in a 1999 time capsule?
Source Fool.com
