Rench Wealth Management, Inc. Buys International Business Machines Corp, Lam Research Corp

GuruFocus.com
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Denton, TX, based Investment company Rench Wealth Management, Inc. (Current Portfolio) buys International Business Machines Corp, Lam Research Corp during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Rench Wealth Management, Inc.. As of 2020Q2, Rench Wealth Management, Inc. owns 37 stocks with a total value of $148 million. These are the details of the buys and sells.

  • New Purchases: IBM,

  • Added Positions: BA, MRK, PFE, ETR, KMB, LRCX, UPS, VZ, AEP, OHI, SCHD, DVN,

  • Reduced Positions: AJG, MCHP, BAC, PAYX, CVX, JPM,


For the details of Rench Wealth Management, Inc.'s stock buys and sells,
go to https://www.gurufocus.com/guru/rench+wealth+management%2C+inc./current-portfolio/portfolio

These are the top 5 holdings of Rench Wealth Management, Inc.

  1. Apple Inc (AAPL) - 36,320 shares, 8.92% of the total portfolio. Shares reduced by 0.92%

  2. Microsoft Corp (MSFT) - 59,559 shares, 8.16% of the total portfolio. Shares added by 0.29%

  3. Johnson & Johnson (JNJ) - 60,364 shares, 5.72% of the total portfolio. Shares added by 0.59%

  4. Verizon Communications Inc (VZ) - 124,429 shares, 4.62% of the total portfolio. Shares added by 1.02%

  5. Procter & Gamble Co (PG) - 56,146 shares, 4.52% of the total portfolio. Shares added by 0.29%

New Purchase: International Business Machines Corp (IBM)

Rench Wealth Management, Inc. initiated holding in International Business Machines Corp. The purchase prices were between $105.14 and $135.75, with an estimated average price of $121.28. The stock is now traded at around $125.27. The impact to a portfolio due to this purchase was 0.14%. The holding were 1,702 shares as of .

Added: Lam Research Corp (LRCX)

Rench Wealth Management, Inc. added to a holding in Lam Research Corp by 28.57%. The purchase prices were between $218.15 and $323.46, with an estimated average price of $271.81. The stock is now traded at around $373.64. The impact to a portfolio due to this purchase was 0.06%. The holding were 1,179 shares as of .



Here is the complete portfolio of Rench Wealth Management, Inc.. Also check out:

1. Rench Wealth Management, Inc.'s Undervalued Stocks

2. Rench Wealth Management, Inc.'s Top Growth Companies, and

3. Rench Wealth Management, Inc.'s High Yield stocks

4. Stocks that Rench Wealth Management, Inc. keeps buyingThis article first appeared on GuruFocus.


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