This weeks casualty was Lazard LTD. Lazard is a solid stock. It's up over 22 percent since I bought it, has a solid history of dividend growth and a little room left to run. But I simply couldn't see myself buying anymore of it. It is based in Bermuda which means an extra tax form. I already own Bank of America and Wells Fargo and feel like any more money I would invest in banking would go there.
So I sold my share of Lazard and bought 2 more shares of Frontier Communications and another share of AT&T. FTR has a great dividend right now and is projected to grow. And T is a high-yielding aristocrat that I'm looking to slowly buy every chance I get.