Recent Buys: VZ, WFC, ED

I’m still in the process of deploying cash. I initiated positions in four new companies:

18 shares of VZ @ $56.4 –> $33.21 in forward annual post-tax income. I consider VZ a core position of my portfolio. It is my first stock in the communications sector.

16 shares of ED @$73 –> $36.72 in forward annual post-tax income.  My first utility.

20 shares of WFC @$24.755 –> $30.6 in forward annual post-tax income. This is my second bank after TD.