Aside from my ongoing monthly accumulation of additional shares of NVIDIA (NVDA) and Tesla (TSLA), I'm continuing to add to my favorite dividend stocks to ensure they continue to be a significant portion of my portfolio. This month, I chose BlackRock (BLK) with its 2.1% dividend yield and steady outperformance of the market; and the other half of "Wintel" that I didn't buy last month: Microsoft (MSFT).
Yes, they still have the old cash cows of Windows and Office - otherwise, Microsoft has reinvented itself in the past 3 years. They make cool hardware (Surface, HoloLens). They have a significant presence in the cloud (Azure). Most importantly, their CEO is once again a geek visionary (Satya Nadella), and the stock has responded to his leadership by hitting all-time highs. With revenues of $90B growing at 13%, +$40B cash minus debt, free cash flow of $20B, and an extremely safe 2.0% dividend yield, Microsoft has room to grow.
Here's my current portfolio (buy and hold). As always, I believe in all of these stocks - until I sell them.
Tesla (TSLA) 14.55%
Apple (AAPL) 11.78%
Amazon (AMZN) 11.23%
NVIDIA (NVDA) 9.67%
Alphabet (GOOGL) 8.11%
Facebook (FB) 5.79%
Intuitive Surgical (ISRG) 4.11%
Microsoft (MSFT) 2.72%
Adobe Systems (ADBE) 2.60%
Nike (NKE) 2.18%
Salesforce (CRM) 2.14%
Intel (INTC) 2.12%
Visa (V) 1.98%
UnitedHealth Group (UNH) 1.90%
Chubb Limited (CB) 1.89%
BlackRock (BLK) 1.85%
Starbucks (SBUX) 1.76%
Priceline Group (PCLN) 1.69%
Costco Wholesale (COST) 1.29%
Autodesk (ADSK) 1.11%
Comcast (CMCSA) 0.78%
American Water Works (AWK) 0.69%
Activision Blizzard (ATVI) 0.64%
Waste Management (WM) 0.56%
Aqua America (WTR) 0.56%
Canadian National Railway (CNI) 0.52%
Norfolk Southern (NSC) 0.50%
CSX (CSX) 0.47%
Union Pacific (UNP) 0.45%
Kansas City Southern (KSU) 0.44%
