(Preferred) Stock(/Bond ETF)s Of The Month: AGG, HYLB, PFFD, USHY

First...a triggered sale! During its most recent earnings call, Intel (INTC) announced that they are considering exiting the chip manufacturing business, as they are experiencing delays with their 7nm process. Self-announcing that they are now a second-rate chip manufacturer, paired with their existing rank of third-rate chip designer, was not well received by the market. Intel had already been flirting with my stop-loss trigger order for a while; with this news, the stock price cratered right through it.

A holding since 2010, INTC gained a dollar-cost-averaged 54% (4% annualized). I hope that Intel will return to its status as a great American innovator - in the meantime, current holdings AMD and NVDA will stand to benefit from Intel's miscues, particularly in desktops/laptops and the cloud. The proceeds from this sale went mostly to PFFD, and the rest to AGG, HYLB, and USHY.


Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 95/5 - and even if tomorrow all of my stop-loss trigger orders were executed, it would be just 78/22.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five every month, whether I buy them or not.

Amazon (AMZN)

• $1.60T market cap
• no dividend
• $321.8B revenue
• 40% revenue growth
• $71.4B cash
• $91.4B debt
• $51.2B operating cash flow
• $33.7B free cash flow

Apple (AAPL)

• $1.87T market cap
• 0.8% dividend yield
• $273.9B revenue
• 11% revenue growth
• $93.0B cash
• $122.2B debt
• $80.0B operating cash flow
• $52.3B free cash flow

Microsoft (MSFT)

• $1.64T market cap
• 1.0% dividend yield
• $143.0B revenue
• 13% revenue growth
• $136.5B cash
• $82.1B debt
• $60.7B operating cash flow
• $34.3B free cash flow

NVIDIA (NVDA)

• $270.9B market cap
• 0.2% dividend yield
• $11.8B revenue
• 39% revenue growth
• $16.4B cash
• $7.6B debt
• $5.0B operating cash flow
• $3.2B free cash flow

Tesla (TSLA)

• $276.7B market cap
• no dividend
• $25.7B revenue
• -5% revenue growth
• $8.6B cash
• $15.5B debt
• $2.7B operating cash flow
• $1.1B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks/ETFs - until I sell them.

Tesla (TSLA) 26.66%
NVIDIA (NVDA) 16.29%
Amazon (AMZN) 13.13%
Apple (AAPL) 11.81%
Microsoft (MSFT) 10.30%
Alphabet (GOOGL) 3.46%
Facebook (FB) 2.58%
Intuitive Surgical (ISRG) 2.23%
Adobe (ADBE) 1.93%
Salesforce (CRM) 1.44%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 1.27%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 1.27%
iShares Core U.S. Aggregate Bond ETF (AGG) 1.22%
Costco Wholesale (COST) 1.21%
Visa (V) 1.18%
UnitedHealth Group (UNH) 1.17%
Global X U.S. Preferred ETF (PFFD) 1.13%
Advanced Micro Devices (AMD) 1.09%
Autodesk (ADSK) 0.64%