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I recently bought some SUN. I thought it was cheap, not a bad dividend, and it should make a pretty good inflation hedge.
I was looking at X today. Seems interesting, but needs to get beaten down a little more, first.
I have my eye on TRMB, but am still waiting. Not exactly a value pick right now.
I liked DSGX at $2.50, sat like a fool and watched it go up to $4, now I am uncertain.
I have positions in
EFV (Foreign value, starting to rethink this one, ETF contains about 1/3 foreign banks.)
IBM (Big fan of big blue, holding onto this one long term)
TLT (deflation)
BAC (banking market share, holding onto this one long term)
and
WMT
I want some BHP, but only after the inflationistas get punched in the face a few times.
I need to be more patient, and buy in at better prices.
I want some BHP, but only after the inflationistas get punched in the face a few times.
I need to be more patient, and buy in at better prices.
Critiques welcome.
I bought into BHP at $32 several years ago ($28 average cost now, due to dividends). This is a high-beta stock, so it races up and down quite rapidly. It was down into the mid-30s in February, so yeah, you should wait until it drops back at least under $50. If the TV Talking Heads would ever stop commenting about it for awhile, the price should go down.
BAC (banking market share, holding onto this one long term)
Me too. BAC is a great play right now, we should do just fine over the next 1-2 years. Thanks for mentioning SUN. I've been looking heavily at HES, but SUN might be worth looking at at $23. I also agree on X, I started watching it back in March at around $20 and missed the opportunity. If it got back down to $25 or so I'd jump on it.
I try to keep to what I know, so I like financial, energy, and basic materials stocks, and I'll throw in the odd industrial or retail stock now and then. Currently long on BAC, BK, HBAN, GE and RAI (HUGE dividend), RAD (great turnaround play) and FNM (I know, I know - pure long term speculation, but at .58 a share, I'm playing with my weekend beer money on this one).
My always changing watch list currently includes STI, USB, AA, PCU, X, TXT, BTU, YZC, USG, HES and now SUN.
To update again, I sold CRDN, WFR, NVTL, and DAR and bought CGT (ticker will be changed to CAE), DOX, GME, CBR.
My current stocks portfolio is now: PTI, TMB, GPX, SIMO, ANSW, NCR, EBAY, MOH, NOV, EME, FWLT, GES, ITWO, NSTC, JEC, FRX, ANR, CGT, DOX, GME, CBR.
Since my last update almost two months ago, my stock portfolio as tracked here went up by 8.5% vs. +1.2% for the total stock market index.
Since my first post on 12/15/2008, my portfolio as tracked here is up 38.1% overall vs. +8.3% for the total stock market for an outperformance of 29.8%. Number of stocks held at a time: at least 13. I am obviously very happy with this performance, but it is still too early to attribute it to much more than variance.
I also bought AOB at 6, I think it will be big in a few years. Mining at metals are also attractive to me now. Picked up FCX, and SLW at 20 and 5. All have low P/E. Looking at TCK but they have a lot of debt.
SYNJ is a relatively new mining company and is growing fast -- last quarter was in the black. Might take a look.
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