After watching Telsa Motors shares triple over the past 2 months, I had an appetite for a couple of growth stocks...one new to the portfolio, and one already owned...that have each doubled over the past year, yet are each only around $5B in market cap.
Qihoo 360 (QIHU)
Positives:
China. Mobile. Search. A competitor/complimentary-investment of Baidu.
Explosive revenue growth (59%).
$301M cash, $0 debt.
Negatives:
Ridiculous 141 P/E, though forward P/E of 25 is reasonable.
Modest operating (11%) and profit (10%) margins.
Negative earnings growth (-61%).
3D Systems (DDD)
Positives:
Good revenue growth (31%).
3D printing is a hot industry (like, "electric car" hot).
Negatives:
Expensive 100 P/E, though forward 35 P/E is slightly better.
Negative earnings growth (-5%).
Heavily shorted (31%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 10.86%
Google (GOOG) 8.49%
Tesla Motors (TSLA) 6.88%
Baidu (BIDU) 5.28%
Southern Copper (SCCO) 5.11%
Intuitive Surgical (ISRG) 4.38%
Amazon (AMZN) 4.38%
Ace Limited (ACE) 4.19%
American Capital Agency (AGNC) 3.12%
Annaly Capital Management (NLY) 2.93%
3D Systems (DDD) 2.75%
Blackstone (BX) 2.66%
American Software (AMSWA) 2.63%
Kinder Morgan Energy Partners (KMP) 2.21%
McDonald's (MCD) 2.05%
Apache (APA) 2.04%
Intel (INTC) 2.01%
Vodafone (VOD) 1.90%
DuPont (DD) 1.90%
Under Armour (UA) 1.89%
Prospect Capital (PSEC) 1.80%
Nike (NKE) 1.52%
American Express (AXP) 1.50%
Coca-Cola (KO) 1.37%
Ansys (ANSS) 1.36%
International Business Machines (IBM) 1.36%
ConocoPhillips (COP) 1.36%
BreitBurn Energy Partners (BBEP) 1.35%
Wells Fargo (WFC) 1.29%
Microsoft (MSFT) 1.27%
Qihoo 360 (QIHU) 1.25%
Canadian National Railway (CNI) 1.23%
BlackRock (BLK) 1.21%
Computer Programs and Systems (CPSI) 1.21%
China Mobile (CHL) 1.20%
F5 Networks (FFIV) 1.02%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.85%
