For this month, I've added a new high-flying non-dividend paying stock, and bought a little more of a distressed (and dangerous) transport stock.
F5 Networks (FFIV)
Positives:
Solid quarterly earnings (46%) and profit (78%) growth.
No debt.
Positive cash flows.
Possibly the next Cisco Systems, or a takeover candidate.
Negatives:
Somewhat expensive P/E ratio of 55.
Low insider ownership (0.5%).
YRC Worldwide (YRCW)
Positives:
Business headed towards profitability, after narrowing loss in latest quarter.
Negatives:
Probably one more lousy quarter away from bankruptcy.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.68%
Southern Copper (SCCO) 9.35%
Dominion Resources Black Warrior Trust (DOM) 7.31%
Google (GOOG) 7.16%
The Distressed (ABK, AIG, BGP, BLOKA.PK, C, CRIC, ENER, ETFC, F, FNMA.OB, GIGM, JSDA, JTX, MOT, MTLQQ.PK, PCS, WFC, YRCW) 5.41%
Ace Limited (ACE) 4.71%
Hugoton Royalty Trust (HGT) 4.52%
Frontline (FRO) 4.46%
Annaly Capital Management (NLY) 4.43%
BP Prudhoe Bay Royalty Trust (BPT) 4.07%
Prospect Capital (PSEC) 3.24%
American Software (AMSWA) 3.01%
Vodafone (VOD) 2.86%
Great Northern Iron (GNI) 2.75%
McDonald's (MCD) 2.71%
Blackstone (BX) 2.68%
DuPont (DD) 2.65%
Tidewater (TDW) 2.41%
Apache (APA) 2.37%
F5 Networks (FFIV) 2.18%
Cherokee (CHKE) 2.14%
Intuitive Surgical (ISRG) 2.03%
Cree (CREE) 1.94%
Baidu (BIDU) 1.92%
PDL BioPharma (PDLI) 1.91%
