Tiny maintenance purchase for secondary portfolio to keep the streak going. I bought additional 60 shares for 1,96 EUR per share. Slow build up to medium sized position is in the cards during next six months or so.
Month: June 2020
Recent Buy: CoreCivic, Inc.
Monthly maintenance purchase and this time around it was CoreCivic. Pandemic has calmed down a bit but is far from over. Meanwhile black lives matter movement has been wreaking havoc especially in US. All this together with the approaching US presidential elections should keep prisons full in coming years. It’s difficult to see how private prisons would be scaled down any time soon. There are long term contracts in place and new ones have been signed relatively lately. Therefore I bought additional 80 shares for 12,27 USD per share.