Last one of the year...
Boeing (BA)
Positives:
They make great big flying birds of metal! In the sky!
Well-funded, steadily-growing dividend; currently yielding 2.2%.
Excellent ROE (44%) vs. ROA (4%).
Positive revenue and profit growth (8% and 18% respectively).
Negatives:
Low insider ownership (0.08%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 13.13%
Tesla Motors (TSLA) 9.41%
Baidu (BIDU) 7.21%
Google (GOOG/GOOGL) 6.07%
Under Armour (UA) 3.48%
3D Systems (DDD) 3.43%
Ace Limited (ACE) 3.12%
Stratasys (SSYS) 3.00%
Amazon (AMZN) 2.97%
Southern Copper (SCCO) 2.76%
Intuitive Surgical (ISRG) 2.55%
Blackstone (BX) 2.41%
Nike (NKE) 2.17%
Twitter (TWTR) 2.13%
Wells Fargo (WFC) 1.80%
BlackRock (BLK) 1.80%
Qihoo 360 (QIHU) 1.80%
Microsoft (MSFT) 1.77%
Intel (INTC) 1.68%
ConocoPhillips (COP) 1.64%
American Software (AMSWA) 1.64%
Alibaba (BABA) 1.50%
DuPont (DD) 1.40%
Boeing (BA) 1.39%
EMC (EMC) 1.36%
McDonald's (MCD) 1.14%
American Express (AXP) 1.03%
Wynn Resorts (WYNN) 1.02%
F5 Networks (FFIV) 0.99%
Starbucks (SBUX) 0.96%
Canadian National Railway (CNI) 0.94%
Cisco (CSCO) 0.94%
Prospect Capital (PSEC) 0.89%
Las Vegas Sands (LVS) 0.88%
Ansys (ANSS) 0.88%
Hershey (HSY) 0.87%
Computer Programs and Systems (CPSI) 0.82%
Coca-Cola (KO) 0.82%
Costco Wholesale (COST) 0.80%
China Mobile (CHL) 0.80%
Groupon (GRPN) 0.75%
Salesforce.com (CRM) 0.74%
Lululemon Athletica (LULU) 0.63%
iRobot (IRBT) 0.62%
International Business Machines (IBM) 0.61%
The Distressed (GSOL, LZB, MSI, TMUS) 0.55%
SolarCity (SCTY) 0.49%
Thursday, December 4, 2014
Thursday, November 6, 2014
Stocks Of The Month: WFC, COP, BLK
First, some housecleaning: I was looking at my Apache (APA) holdings one day, and I noticed its been pretty much dead money since 2005 (-4.5% overall, -0.5% annualized), and that its fundamentals are semi-horrendous, and that its dividend for an oil/gas stock is pathetic; and asked myself, "Why exactly do I own this stock again?"...and then that question was found to be resolved shortly thereafter.
On to the new guys...actually, 3 current dividend holdings that I thought deserved greater allocations...
(There's a Fargo meets COP'Rock mashup joke somewhere around here, but I will decline to pursue it any further.)
Wells Fargo (WFC)
Positives:
Warren Buffett owns it.
2.6% dividend yield.
Astonishing $348B cash vs. $248B debt.
Outstanding operating (44%) and profit (28%) margins.
Negatives:
Tepid revenue (2%) and earnings (3%) growth.
ConocoPhillips (COP)
Positives:
Warren Buffett owns it.
4.2% dividend yield.
Very cheap 9.7 P/E ratio.
Negatives:
Lots of debt ($21B) vs. cash ($6B).
Negative revenue growth (-10%).
BlackRock (BLK)
Positives:
Has some $4.6T (as in trillion) in managed investments. A big fish, one might say.
Outstanding operating (41%) and profit (30%) margins.
Solid revenue (15%) and earnings (26%) growth.
2.3% dividend yield.
Negatives:
Somewhat frighteningly large. See "big fish" comment above.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.57%
Tesla Motors (TSLA) 10.12%
Baidu (BIDU) 7.53%
Google (GOOG/GOOGL) 6.26%
3D Systems (DDD) 3.59%
Stratasys (SSYS) 3.51%
Under Armour (UA) 3.37%
Ace Limited (ACE) 3.03%
Amazon (AMZN) 2.83%
Southern Copper (SCCO) 2.71%
Intuitive Surgical (ISRG) 2.59%
Twitter (TWTR) 2.28%
Blackstone (BX) 2.21%
Nike (NKE) 2.10%
Qihoo 360 (QIHU) 2.03%
Wells Fargo (WFC) 1.82%
Microsoft (MSFT) 1.80%
BlackRock (BLK) 1.77%
American Software (AMSWA) 1.76%
ConocoPhillips (COP) 1.72%
Alibaba (BABA) 1.56%
Intel (INTC) 1.55%
DuPont (DD) 1.38%
EMC (EMC) 1.34%
McDonald's (MCD) 1.14%
Wynn Resorts (WYNN) 1.14%
American Express (AXP) 1.05%
Canadian National Railway (CNI) 0.97%
Prospect Capital (PSEC) 0.96%
F5 Networks (FFIV) 0.95%
Starbucks (SBUX) 0.94%
Las Vegas Sands (LVS) 0.89%
Computer Programs and Systems (CPSI) 0.88%
Cisco (CSCO) 0.87%
Hershey (HSY) 0.86%
Ansys (ANSS) 0.85%
China Mobile (CHL) 0.83%
Coca-Cola (KO) 0.81%
Salesforce.com (CRM) 0.80%
Costco Wholesale (COST) 0.78%
Groupon (GRPN) 0.78%
International Business Machines (IBM) 0.62%
Lululemon Athletica (LULU) 0.60%
iRobot (IRBT) 0.60%
The Distressed (GSOL, LZB, MSI, TMUS) 0.54%
SolarCity (SCTY) 0.49%
On to the new guys...actually, 3 current dividend holdings that I thought deserved greater allocations...
(There's a Fargo meets COP'Rock mashup joke somewhere around here, but I will decline to pursue it any further.)
Wells Fargo (WFC)
Positives:
Warren Buffett owns it.
2.6% dividend yield.
Astonishing $348B cash vs. $248B debt.
Outstanding operating (44%) and profit (28%) margins.
Negatives:
Tepid revenue (2%) and earnings (3%) growth.
ConocoPhillips (COP)
Positives:
Warren Buffett owns it.
4.2% dividend yield.
Very cheap 9.7 P/E ratio.
Negatives:
Lots of debt ($21B) vs. cash ($6B).
Negative revenue growth (-10%).
BlackRock (BLK)
Positives:
Has some $4.6T (as in trillion) in managed investments. A big fish, one might say.
Outstanding operating (41%) and profit (30%) margins.
Solid revenue (15%) and earnings (26%) growth.
2.3% dividend yield.
Negatives:
Somewhat frighteningly large. See "big fish" comment above.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.57%
Tesla Motors (TSLA) 10.12%
Baidu (BIDU) 7.53%
Google (GOOG/GOOGL) 6.26%
3D Systems (DDD) 3.59%
Stratasys (SSYS) 3.51%
Under Armour (UA) 3.37%
Ace Limited (ACE) 3.03%
Amazon (AMZN) 2.83%
Southern Copper (SCCO) 2.71%
Intuitive Surgical (ISRG) 2.59%
Twitter (TWTR) 2.28%
Blackstone (BX) 2.21%
Nike (NKE) 2.10%
Qihoo 360 (QIHU) 2.03%
Wells Fargo (WFC) 1.82%
Microsoft (MSFT) 1.80%
BlackRock (BLK) 1.77%
American Software (AMSWA) 1.76%
ConocoPhillips (COP) 1.72%
Alibaba (BABA) 1.56%
Intel (INTC) 1.55%
DuPont (DD) 1.38%
EMC (EMC) 1.34%
McDonald's (MCD) 1.14%
Wynn Resorts (WYNN) 1.14%
American Express (AXP) 1.05%
Canadian National Railway (CNI) 0.97%
Prospect Capital (PSEC) 0.96%
F5 Networks (FFIV) 0.95%
Starbucks (SBUX) 0.94%
Las Vegas Sands (LVS) 0.89%
Computer Programs and Systems (CPSI) 0.88%
Cisco (CSCO) 0.87%
Hershey (HSY) 0.86%
Ansys (ANSS) 0.85%
China Mobile (CHL) 0.83%
Coca-Cola (KO) 0.81%
Salesforce.com (CRM) 0.80%
Costco Wholesale (COST) 0.78%
Groupon (GRPN) 0.78%
International Business Machines (IBM) 0.62%
Lululemon Athletica (LULU) 0.60%
iRobot (IRBT) 0.60%
The Distressed (GSOL, LZB, MSI, TMUS) 0.54%
SolarCity (SCTY) 0.49%
Monday, September 22, 2014
Bought BABA; Sold BEBE, WFM, XONE
These 3 things being true...
Alibaba (BABA)
$231B market cap.
40 forward P/E.
54% profit margin, 48% operating margin.
46% revenue growth.
179%(!) earnings growth.
$9.7B cash vs. $10.1B debt.
$5.12B operating cash flow.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.45%
Tesla Motors (TSLA) 10.66%
Baidu (BIDU) 7.01%
Google (GOOG/GOOGL) 6.74%
3D Systems (DDD) 4.95%
Stratasys (SSYS) 4.08%
Under Armour (UA) 3.41%
Amazon (AMZN) 3.10%
Twitter (TWTR) 2.91%
Southern Copper (SCCO) 2.89%
Ace Limited (ACE) 2.87%
Blackstone (BX) 2.38%
Intuitive Surgical (ISRG) 2.34%
Qihoo 360 (QIHU) 2.15%
Nike (NKE) 1.78%
Microsoft (MSFT) 1.72%
American Software (AMSWA) 1.57%
Intel (INTC) 1.56%
DuPont (DD) 1.38%
EMC (EMC) 1.32%
Apache (APA) 1.32%
Alibaba (BABA) 1.29%
Wynn Resorts (WYNN) 1.15%
McDonald's (MCD) 1.12%
Canadian National Railway (CNI) 1.02%
Prospect Capital (PSEC) 1.01%
American Express (AXP) 1.01%
ConocoPhillips (COP) 1.00%
Wells Fargo (WFC) 0.96%
F5 Networks (FFIV) 0.93%
Las Vegas Sands (LVS) 0.93%
Starbucks (SBUX) 0.90%
Cisco (CSCO) 0.85%
Ansys (ANSS) 0.84%
BlackRock (BLK) 0.83%
Hershey (HSY) 0.82%
China Mobile (CHL) 0.80%
Computer Programs and Systems (CPSI) 0.80%
Coca-Cola (KO) 0.79%
Salesforce.com (CRM) 0.73%
International Business Machines (IBM) 0.73%
Costco Wholesale (COST) 0.71%
Groupon (GRPN) 0.71%
SolarCity (SCTY) 0.60%
Lululemon Athletica (LULU) 0.59%
iRobot (IRBT) 0.53%
The Distressed (GSOL, LZB, MSI, TMUS) 0.51%
- I own too many stocks.
- I have some capital gains that need to be offset.
- I like a red-hot China stock as much as anyone.
Alibaba (BABA)
$231B market cap.
40 forward P/E.
54% profit margin, 48% operating margin.
46% revenue growth.
179%(!) earnings growth.
$9.7B cash vs. $10.1B debt.
$5.12B operating cash flow.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.45%
Tesla Motors (TSLA) 10.66%
Baidu (BIDU) 7.01%
Google (GOOG/GOOGL) 6.74%
3D Systems (DDD) 4.95%
Stratasys (SSYS) 4.08%
Under Armour (UA) 3.41%
Amazon (AMZN) 3.10%
Twitter (TWTR) 2.91%
Southern Copper (SCCO) 2.89%
Ace Limited (ACE) 2.87%
Blackstone (BX) 2.38%
Intuitive Surgical (ISRG) 2.34%
Qihoo 360 (QIHU) 2.15%
Nike (NKE) 1.78%
Microsoft (MSFT) 1.72%
American Software (AMSWA) 1.57%
Intel (INTC) 1.56%
DuPont (DD) 1.38%
EMC (EMC) 1.32%
Apache (APA) 1.32%
Alibaba (BABA) 1.29%
Wynn Resorts (WYNN) 1.15%
McDonald's (MCD) 1.12%
Canadian National Railway (CNI) 1.02%
Prospect Capital (PSEC) 1.01%
American Express (AXP) 1.01%
ConocoPhillips (COP) 1.00%
Wells Fargo (WFC) 0.96%
F5 Networks (FFIV) 0.93%
Las Vegas Sands (LVS) 0.93%
Starbucks (SBUX) 0.90%
Cisco (CSCO) 0.85%
Ansys (ANSS) 0.84%
BlackRock (BLK) 0.83%
Hershey (HSY) 0.82%
China Mobile (CHL) 0.80%
Computer Programs and Systems (CPSI) 0.80%
Coca-Cola (KO) 0.79%
Salesforce.com (CRM) 0.73%
International Business Machines (IBM) 0.73%
Costco Wholesale (COST) 0.71%
Groupon (GRPN) 0.71%
SolarCity (SCTY) 0.60%
Lululemon Athletica (LULU) 0.59%
iRobot (IRBT) 0.53%
The Distressed (GSOL, LZB, MSI, TMUS) 0.51%
Monday, September 8, 2014
Stock Of The Month: SSYS
I believe this will close out my 3D printing investments for the year...
Stratasys (SSYS)
Positives:
68% revenue growth.
$578M cash, $0 debt.
42% of shares owned by insiders.
Negatives:
No earnings as of yet; forward P/E of 38.
Negative profit/operating margins (-1%) and ROA/ROE (0%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Tesla Motors (TSLA) 11.46%
Apple (AAPL) 11.02%
Baidu (BIDU) 6.94%
Google (GOOG/GOOGL) 6.60%
3D Systems (DDD) 5.14%
Stratasys (SSYS) 3.86%
Under Armour (UA) 3.58%
Amazon (AMZN) 3.16%
Southern Copper (SCCO) 2.91%
Twitter (TWTR) 2.82%
Ace Limited (ACE) 2.81%
Qihoo 360 (QIHU) 2.40%
Blackstone (BX) 2.32%
Intuitive Surgical (ISRG) 2.30%
Nike (NKE) 1.78%
Microsoft (MSFT) 1.66%
Intel (INTC) 1.57%
American Software (AMSWA) 1.55%
Apache (APA) 1.33%
EMC (EMC) 1.30%
DuPont (DD) 1.25%
Wynn Resorts (WYNN) 1.14%
McDonald's (MCD) 1.08%
Prospect Capital (PSEC) 1.03%
Canadian National Railway (CNI) 1.00%
American Express (AXP) 0.99%
ConocoPhillips (COP) 0.97%
Las Vegas Sands (LVS) 0.92%
Wells Fargo (WFC) 0.92%
F5 Networks (FFIV) 0.91%
Starbucks (SBUX) 0.91%
ExOne (XONE) 0.87%
Ansys (ANSS) 0.85%
Computer Programs and Systems (CPSI) 0.84%
China Mobile (CHL) 0.84%
Cisco (CSCO) 0.83%
BlackRock (BLK) 0.82%
Hershey (HSY) 0.79%
Coca-Cola (KO) 0.77%
Salesforce.com (CRM) 0.74%
International Business Machines (IBM) 0.70%
Costco Wholesale (COST) 0.70%
Groupon (GRPN) 0.67%
SolarCity (SCTY) 0.66%
iRobot (IRBT) 0.55%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.55%
Lululemon Athletica (LULU) 0.53%
Whole Foods Market (WFM) 0.43%
Stratasys (SSYS)
Positives:
68% revenue growth.
$578M cash, $0 debt.
42% of shares owned by insiders.
Negatives:
No earnings as of yet; forward P/E of 38.
Negative profit/operating margins (-1%) and ROA/ROE (0%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Tesla Motors (TSLA) 11.46%
Apple (AAPL) 11.02%
Baidu (BIDU) 6.94%
Google (GOOG/GOOGL) 6.60%
3D Systems (DDD) 5.14%
Stratasys (SSYS) 3.86%
Under Armour (UA) 3.58%
Amazon (AMZN) 3.16%
Southern Copper (SCCO) 2.91%
Twitter (TWTR) 2.82%
Ace Limited (ACE) 2.81%
Qihoo 360 (QIHU) 2.40%
Blackstone (BX) 2.32%
Intuitive Surgical (ISRG) 2.30%
Nike (NKE) 1.78%
Microsoft (MSFT) 1.66%
Intel (INTC) 1.57%
American Software (AMSWA) 1.55%
Apache (APA) 1.33%
EMC (EMC) 1.30%
DuPont (DD) 1.25%
Wynn Resorts (WYNN) 1.14%
McDonald's (MCD) 1.08%
Prospect Capital (PSEC) 1.03%
Canadian National Railway (CNI) 1.00%
American Express (AXP) 0.99%
ConocoPhillips (COP) 0.97%
Las Vegas Sands (LVS) 0.92%
Wells Fargo (WFC) 0.92%
F5 Networks (FFIV) 0.91%
Starbucks (SBUX) 0.91%
ExOne (XONE) 0.87%
Ansys (ANSS) 0.85%
Computer Programs and Systems (CPSI) 0.84%
China Mobile (CHL) 0.84%
Cisco (CSCO) 0.83%
BlackRock (BLK) 0.82%
Hershey (HSY) 0.79%
Coca-Cola (KO) 0.77%
Salesforce.com (CRM) 0.74%
International Business Machines (IBM) 0.70%
Costco Wholesale (COST) 0.70%
Groupon (GRPN) 0.67%
SolarCity (SCTY) 0.66%
iRobot (IRBT) 0.55%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.55%
Lululemon Athletica (LULU) 0.53%
Whole Foods Market (WFM) 0.43%
Monday, August 18, 2014
Sold: KMP; Bought: MSFT, COST
Last Sunday, Kinder Morgan (KMI) announced it was going to consolidate all of its holdings (KMP, KMR, EPB). As an owner of KMP, I decided to sell after a nice one-day pop of 17% and total gain of 31% (9% annualized, not including dividends). Originally I was going to buy KMI, but a little due diligence revealed some problems:
KMI: $42B market cap, $37B debt minus cash, $5B operating cash flow
KMP: $45B market cap, $22B debt minus cash, $4B operating cash flow
KMR: $13B market cap, (insufficient information)
EPB: $10B market cap, $5B debt minus cash, $1B operating cash flow
Combined KMI: $110B market cap, $64B debt minus cash, $10B operating cash flow
Those fundamentals are, in a word, terrible. (This guy agrees with me.) Comparables XOM, COP, EPD, and WMB each have better debt/equity and debt/operating cash flow ratios.
So instead, I took my proceeds and bought 2 other (presumably better) dividend stocks...Microsoft (MSFT), which I've previously covered here (and Ballmer's gone!); and a new holding...
Costco (COST)
Positives:
$7B cash vs. $5B debt.
Positive cash flows ($4B operating, $1B free).
Very safe 1.2% dividend yield.
Warren Buffett likes it.
Negatives:
Thin margins (2% profit, 3% operating).
Lukewarm revenue (7%) and earnings (3%) growth.
KMI: $42B market cap, $37B debt minus cash, $5B operating cash flow
KMP: $45B market cap, $22B debt minus cash, $4B operating cash flow
KMR: $13B market cap, (insufficient information)
EPB: $10B market cap, $5B debt minus cash, $1B operating cash flow
Combined KMI: $110B market cap, $64B debt minus cash, $10B operating cash flow
Those fundamentals are, in a word, terrible. (This guy agrees with me.) Comparables XOM, COP, EPD, and WMB each have better debt/equity and debt/operating cash flow ratios.
So instead, I took my proceeds and bought 2 other (presumably better) dividend stocks...Microsoft (MSFT), which I've previously covered here (and Ballmer's gone!); and a new holding...
Costco (COST)
Positives:
$7B cash vs. $5B debt.
Positive cash flows ($4B operating, $1B free).
Very safe 1.2% dividend yield.
Warren Buffett likes it.
Negatives:
Thin margins (2% profit, 3% operating).
Lukewarm revenue (7%) and earnings (3%) growth.
Sunday, August 10, 2014
Stock Of The Month: DDD
As previously recommended here, here, here, here,...and here. (and now here.)
3D Systems (DDD)
Positives:
Solid revenue growth (25%).
$570M cash vs. $19M debt.
Positive cash flows ($41M operating, $50M free).
Only 3D printing stock with positive margins (6% profit, 10% operating), ROA (3%), ROE (3%).
Negatives:
Absurd 114 P/E, though forward 43 P/E is slightly better.
Negative earnings growth (-77%).
Heavily shorted (33%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.28%
Tesla Motors (TSLA) 10.72%
Baidu (BIDU) 7.04%
Google (GOOG/GOOGL) 6.75%
3D Systems (DDD) 5.14%
Under Armour (UA) 3.59%
Amazon (AMZN) 3.11%
Southern Copper (SCCO) 3.07%
Ace Limited (ACE) 2.82%
Qihoo 360 (QIHU) 2.76%
Stratasys (SSYS) 2.62%
Twitter (TWTR) 2.48%
Blackstone (BX) 2.48%
Intuitive Surgical (ISRG) 2.32%
Nike (NKE) 1.76%
American Software (AMSWA) 1.73%
Intel (INTC) 1.54%
Apache (APA) 1.45%
EMC (EMC) 1.37%
DuPont (DD) 1.32%
Wynn Resorts (WYNN) 1.31%
Kinder Morgan Energy Partners (KMP) 1.26%
McDonald's (MCD) 1.16%
Prospect Capital (PSEC) 1.13%
Las Vegas Sands (LVS) 1.07%
ConocoPhillips (COP) 1.06%
American Express (AXP) 1.03%
ExOne (XONE) 1.00%
Starbucks (SBUX) 0.97%
Canadian National Railway (CNI) 0.95%
Wells Fargo (WFC) 0.95%
Microsoft (MSFT) 0.93%
Computer Programs and Systems (CPSI) 0.92%
F5 Networks (FFIV) 0.90%
Cisco (CSCO) 0.88%
Ansys (ANSS) 0.88%
Hershey (HSY) 0.83%
BlackRock (BLK) 0.81%
Coca-Cola (KO) 0.77%
China Mobile (CHL) 0.76%
International Business Machines (IBM) 0.73%
Salesforce.com (CRM) 0.71%
SolarCity (SCTY) 0.69%
Groupon (GRPN) 0.64%
iRobot (IRBT) 0.61%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.58%
Lululemon Athletica (LULU) 0.58%
Whole Foods Market (WFM) 0.45%
3D Systems (DDD)
Positives:
Solid revenue growth (25%).
$570M cash vs. $19M debt.
Positive cash flows ($41M operating, $50M free).
Only 3D printing stock with positive margins (6% profit, 10% operating), ROA (3%), ROE (3%).
Negatives:
Absurd 114 P/E, though forward 43 P/E is slightly better.
Negative earnings growth (-77%).
Heavily shorted (33%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.28%
Tesla Motors (TSLA) 10.72%
Baidu (BIDU) 7.04%
Google (GOOG/GOOGL) 6.75%
3D Systems (DDD) 5.14%
Under Armour (UA) 3.59%
Amazon (AMZN) 3.11%
Southern Copper (SCCO) 3.07%
Ace Limited (ACE) 2.82%
Qihoo 360 (QIHU) 2.76%
Stratasys (SSYS) 2.62%
Twitter (TWTR) 2.48%
Blackstone (BX) 2.48%
Intuitive Surgical (ISRG) 2.32%
Nike (NKE) 1.76%
American Software (AMSWA) 1.73%
Intel (INTC) 1.54%
Apache (APA) 1.45%
EMC (EMC) 1.37%
DuPont (DD) 1.32%
Wynn Resorts (WYNN) 1.31%
Kinder Morgan Energy Partners (KMP) 1.26%
McDonald's (MCD) 1.16%
Prospect Capital (PSEC) 1.13%
Las Vegas Sands (LVS) 1.07%
ConocoPhillips (COP) 1.06%
American Express (AXP) 1.03%
ExOne (XONE) 1.00%
Starbucks (SBUX) 0.97%
Canadian National Railway (CNI) 0.95%
Wells Fargo (WFC) 0.95%
Microsoft (MSFT) 0.93%
Computer Programs and Systems (CPSI) 0.92%
F5 Networks (FFIV) 0.90%
Cisco (CSCO) 0.88%
Ansys (ANSS) 0.88%
Hershey (HSY) 0.83%
BlackRock (BLK) 0.81%
Coca-Cola (KO) 0.77%
China Mobile (CHL) 0.76%
International Business Machines (IBM) 0.73%
Salesforce.com (CRM) 0.71%
SolarCity (SCTY) 0.69%
Groupon (GRPN) 0.64%
iRobot (IRBT) 0.61%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.58%
Lululemon Athletica (LULU) 0.58%
Whole Foods Market (WFM) 0.45%
Thursday, July 3, 2014
Stocks Of The Month: GRPN, SCTY
This month's choices continue the recent trend of growth stocks. I've had my eye on both of these stocks for a while...one of them waited around for me, and I'm a little late on the other...
Groupon (GRPN)
Positives:
Decent revenue growth (26%).
Reasonable forward P/E of 26.
$1B cash, zero debt.
Positive cash flows ($189M operating, $249M free).
Negatives:
Bad margins (-5% profit, 1% operating), ROA (1%), ROE (-15%).
Negative earnings (-0.19 EPS).
Significantly shorted (12%).
SolarCity (SCTY)
Positives:
Excellent revenue growth (112%!).
Very low 5-year PEG ratio of 0.58 (if you believe in that sort of future-telling).
Positive operating cash flow ($150M).
Negatives:
Terrible margins (-20% profit, -95% operating), ROA (-5%), ROE (-32%).
$516M cash vs. $710M debt.
Negative free cash flow (-$785M).
Heavily shorted (29%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.27%
Tesla Motors (TSLA) 9.96%
Google (GOOG/GOOGL) 6.98%
Baidu (BIDU) 6.29%
3D Systems (DDD) 4.87%
Amazon (AMZN) 3.33%
Under Armour (UA) 3.17%
Southern Copper (SCCO) 3.17%
Ace Limited (ACE) 2.98%
Qihoo 360 (QIHU) 2.78%
Stratasys (SSYS) 2.68%
Blackstone (BX) 2.56%
Twitter (TWTR) 2.39%
Intuitive Surgical (ISRG) 2.13%
American Software (AMSWA) 1.93%
Nike (NKE) 1.81%
Intel (INTC) 1.48%
Apache (APA) 1.45%
ExOne (XONE) 1.40%
Wynn Resorts (WYNN) 1.40%
DuPont (DD) 1.34%
Kinder Morgan Energy Partners (KMP) 1.30%
EMC (EMC) 1.28%
McDonald's (MCD) 1.26%
Las Vegas Sands (LVS) 1.23%
Prospect Capital (PSEC) 1.14%
ConocoPhillips (COP) 1.14%
American Express (AXP) 1.14%
Wells Fargo (WFC) 1.01%
Starbucks (SBUX) 0.99%
Computer Programs and Systems (CPSI) 0.96%
Canadian National Railway (CNI) 0.95%
Microsoft (MSFT) 0.91%
Cisco (CSCO) 0.90%
Hershey (HSY) 0.89%
F5 Networks (FFIV) 0.89%
Ansys (ANSS) 0.87%
BlackRock (BLK) 0.85%
Coca-Cola (KO) 0.83%
Salesforce.com (CRM) 0.77%
International Business Machines (IBM) 0.74%
iRobot (IRBT) 0.74%
Groupon (GRPN) 0.72%
SolarCity (SCTY) 0.70%
China Mobile (CHL) 0.68%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.64%
Lululemon Athletica (LULU) 0.62%
Whole Foods Market (WFM) 0.46%
Groupon (GRPN)
Positives:
Decent revenue growth (26%).
Reasonable forward P/E of 26.
$1B cash, zero debt.
Positive cash flows ($189M operating, $249M free).
Negatives:
Bad margins (-5% profit, 1% operating), ROA (1%), ROE (-15%).
Negative earnings (-0.19 EPS).
Significantly shorted (12%).
SolarCity (SCTY)
Positives:
Excellent revenue growth (112%!).
Very low 5-year PEG ratio of 0.58 (if you believe in that sort of future-telling).
Positive operating cash flow ($150M).
Negatives:
Terrible margins (-20% profit, -95% operating), ROA (-5%), ROE (-32%).
$516M cash vs. $710M debt.
Negative free cash flow (-$785M).
Heavily shorted (29%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.27%
Tesla Motors (TSLA) 9.96%
Google (GOOG/GOOGL) 6.98%
Baidu (BIDU) 6.29%
3D Systems (DDD) 4.87%
Amazon (AMZN) 3.33%
Under Armour (UA) 3.17%
Southern Copper (SCCO) 3.17%
Ace Limited (ACE) 2.98%
Qihoo 360 (QIHU) 2.78%
Stratasys (SSYS) 2.68%
Blackstone (BX) 2.56%
Twitter (TWTR) 2.39%
Intuitive Surgical (ISRG) 2.13%
American Software (AMSWA) 1.93%
Nike (NKE) 1.81%
Intel (INTC) 1.48%
Apache (APA) 1.45%
ExOne (XONE) 1.40%
Wynn Resorts (WYNN) 1.40%
DuPont (DD) 1.34%
Kinder Morgan Energy Partners (KMP) 1.30%
EMC (EMC) 1.28%
McDonald's (MCD) 1.26%
Las Vegas Sands (LVS) 1.23%
Prospect Capital (PSEC) 1.14%
ConocoPhillips (COP) 1.14%
American Express (AXP) 1.14%
Wells Fargo (WFC) 1.01%
Starbucks (SBUX) 0.99%
Computer Programs and Systems (CPSI) 0.96%
Canadian National Railway (CNI) 0.95%
Microsoft (MSFT) 0.91%
Cisco (CSCO) 0.90%
Hershey (HSY) 0.89%
F5 Networks (FFIV) 0.89%
Ansys (ANSS) 0.87%
BlackRock (BLK) 0.85%
Coca-Cola (KO) 0.83%
Salesforce.com (CRM) 0.77%
International Business Machines (IBM) 0.74%
iRobot (IRBT) 0.74%
Groupon (GRPN) 0.72%
SolarCity (SCTY) 0.70%
China Mobile (CHL) 0.68%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.64%
Lululemon Athletica (LULU) 0.62%
Whole Foods Market (WFM) 0.46%
Tuesday, June 3, 2014
Stocks Of The Month: DDD, TWTR
As previously hinted, this month's stocks are retreads. Persistence!
3D Systems (DDD)
Positives:
Excellent revenue growth (45%).
$307M cash vs. $19M debt.
Positive cash flows ($19M operating, $27M free).
Negatives:
Absurd 118 P/E, though forward 42 P/E is slightly better.
Negative earnings growth (-17%).
Heavily shorted (35%).
Twitter (TWTR)
Positives:
Beyond excellent revenue growth (119%!).
$2B cash vs. $200M debt.
Positive cash flows ($41M operating, $194M free).
Negatives:
Beyond absurd forward P/E of 130.
Terrible margins (-94% profit, -93% operating), ROA (-22%), ROE (-41%).
Significantly shorted (10%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.10%
Tesla Motors (TSLA) 9.87%
Google (GOOG/GOOGL) 7.22%
Baidu (BIDU) 5.97%
3D Systems (DDD) 4.42%
Amazon (AMZN) 3.36%
Ace Limited (ACE) 3.23%
Southern Copper (SCCO) 3.19%
Under Armour (UA) 2.98%
Qihoo 360 (QIHU) 2.82%
Blackstone (BX) 2.62%
Stratasys (SSYS) 2.34%
Intuitive Surgical (ISRG) 2.17%
Twitter (TWTR) 2.09%
American Software (AMSWA) 1.98%
Nike (NKE) 1.93%
DuPont (DD) 1.56%
Wynn Resorts (WYNN) 1.52%
Apache (APA) 1.48%
Intel (INTC) 1.45%
McDonald's (MCD) 1.41%
EMC (EMC) 1.39%
Kinder Morgan Energy Partners (KMP) 1.34%
Las Vegas Sands (LVS) 1.32%
American Express (AXP) 1.21%
ConocoPhillips (COP) 1.17%
Prospect Capital (PSEC) 1.14%
Wells Fargo (WFC) 1.08%
ExOne (XONE) 1.06%
Starbucks (SBUX) 1.03%
Computer Programs and Systems (CPSI) 1.02%
Hershey (HSY) 0.98%
Canadian National Railway (CNI) 0.98%
Cisco (CSCO) 0.97%
Microsoft (MSFT) 0.97%
F5 Networks (FFIV) 0.96%
Ansys (ANSS) 0.92%
BlackRock (BLK) 0.90%
Coca-Cola (KO) 0.90%
International Business Machines (IBM) 0.81%
China Mobile (CHL) 0.76%
Salesforce.com (CRM) 0.74%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.72%
Lululemon Athletica (LULU) 0.69%
iRobot (IRBT) 0.68%
Whole Foods Market (WFM) 0.50%
3D Systems (DDD)
Positives:
Excellent revenue growth (45%).
$307M cash vs. $19M debt.
Positive cash flows ($19M operating, $27M free).
Negatives:
Absurd 118 P/E, though forward 42 P/E is slightly better.
Negative earnings growth (-17%).
Heavily shorted (35%).
Twitter (TWTR)
Positives:
Beyond excellent revenue growth (119%!).
$2B cash vs. $200M debt.
Positive cash flows ($41M operating, $194M free).
Negatives:
Beyond absurd forward P/E of 130.
Terrible margins (-94% profit, -93% operating), ROA (-22%), ROE (-41%).
Significantly shorted (10%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.10%
Tesla Motors (TSLA) 9.87%
Google (GOOG/GOOGL) 7.22%
Baidu (BIDU) 5.97%
3D Systems (DDD) 4.42%
Amazon (AMZN) 3.36%
Ace Limited (ACE) 3.23%
Southern Copper (SCCO) 3.19%
Under Armour (UA) 2.98%
Qihoo 360 (QIHU) 2.82%
Blackstone (BX) 2.62%
Stratasys (SSYS) 2.34%
Intuitive Surgical (ISRG) 2.17%
Twitter (TWTR) 2.09%
American Software (AMSWA) 1.98%
Nike (NKE) 1.93%
DuPont (DD) 1.56%
Wynn Resorts (WYNN) 1.52%
Apache (APA) 1.48%
Intel (INTC) 1.45%
McDonald's (MCD) 1.41%
EMC (EMC) 1.39%
Kinder Morgan Energy Partners (KMP) 1.34%
Las Vegas Sands (LVS) 1.32%
American Express (AXP) 1.21%
ConocoPhillips (COP) 1.17%
Prospect Capital (PSEC) 1.14%
Wells Fargo (WFC) 1.08%
ExOne (XONE) 1.06%
Starbucks (SBUX) 1.03%
Computer Programs and Systems (CPSI) 1.02%
Hershey (HSY) 0.98%
Canadian National Railway (CNI) 0.98%
Cisco (CSCO) 0.97%
Microsoft (MSFT) 0.97%
F5 Networks (FFIV) 0.96%
Ansys (ANSS) 0.92%
BlackRock (BLK) 0.90%
Coca-Cola (KO) 0.90%
International Business Machines (IBM) 0.81%
China Mobile (CHL) 0.76%
Salesforce.com (CRM) 0.74%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.72%
Lululemon Athletica (LULU) 0.69%
iRobot (IRBT) 0.68%
Whole Foods Market (WFM) 0.50%
Monday, May 5, 2014
Stocks Of The Month: DDD, XONE
Whenever I feel like beating myself up, I do the math pertaining to the question "What if I always bought AAPL instead of the stocks I bought in the name of diversifying my portfolio?" (Answer: I could have retired. Years ago. Comfortably.) The takeaway on the exercise isn't that I necessarily should have bought more AAPL, but, perhaps I should have stuck more closely to "obvious" investment ideas. I should have bought more TSLA and GOOG and BX and GLW too.
So I'm repeating a previous investment idea this month. I might repeat them for several months running...
3D Systems (DDD)
Positives:
Excellent revenue growth (45%).
3D printing is a hot industry (like, "electric car" hot).
Negatives:
Absurd 114 P/E, though forward 40 P/E is slightly better.
Negative earnings growth (-17%).
Heavily shorted (31%).
ExOne (XONE)
Positives:
$98M cash, $3M debt.
37% of shares owned by insiders.
Negatives:
Negative revenue growth (-16%).
No earnings as of yet; forward P/E of 128(!!).
Atrocious profit (-16%) and operating (-14%) margins.
Heavily shorted (35%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.55%
Tesla Motors (TSLA) 10.44%
Google (GOOG/GOOGL) 7.16%
Baidu (BIDU) 5.99%
3D Systems (DDD) 3.49%
Amazon (AMZN) 3.46%
Ace Limited (ACE) 3.29%
Southern Copper (SCCO) 3.24%
Qihoo 360 (QIHU) 2.98%
Under Armour (UA) 2.93%
Stratasys (SSYS) 2.56%
Blackstone (BX) 2.55%
Intuitive Surgical (ISRG) 2.18%
American Software (AMSWA) 1.99%
Nike (NKE) 1.92%
Wynn Resorts (WYNN) 1.66%
DuPont (DD) 1.55%
Twitter (TWTR) 1.46%
Las Vegas Sands (LVS) 1.45%
McDonald's (MCD) 1.44%
Apache (APA) 1.43%
Intel (INTC) 1.43%
EMC (EMC) 1.39%
Kinder Morgan Energy Partners (KMP) 1.36%
Prospect Capital (PSEC) 1.30%
ExOne (XONE) 1.30%
American Express (AXP) 1.17%
ConocoPhillips (COP) 1.15%
Wells Fargo (WFC) 1.08%
Hershey (HSY) 1.02%
Computer Programs and Systems (CPSI) 1.01%
Starbucks (SBUX) 1.01%
Microsoft (MSFT) 0.98%
Canadian National Railway (CNI) 0.96%
Ansys (ANSS) 0.94%
F5 Networks (FFIV) 0.93%
Cisco (CSCO) 0.93%
Coca-Cola (KO) 0.92%
BlackRock (BLK) 0.90%
International Business Machines (IBM) 0.86%
Salesforce.com (CRM) 0.79%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.75%
Lululemon Athletica (LULU) 0.75%
China Mobile (CHL) 0.74%
iRobot (IRBT) 0.71%
Whole Foods Market (WFM) 0.67%
So I'm repeating a previous investment idea this month. I might repeat them for several months running...
3D Systems (DDD)
Positives:
Excellent revenue growth (45%).
3D printing is a hot industry (like, "electric car" hot).
Negatives:
Absurd 114 P/E, though forward 40 P/E is slightly better.
Negative earnings growth (-17%).
Heavily shorted (31%).
ExOne (XONE)
Positives:
$98M cash, $3M debt.
37% of shares owned by insiders.
Negatives:
Negative revenue growth (-16%).
No earnings as of yet; forward P/E of 128(!!).
Atrocious profit (-16%) and operating (-14%) margins.
Heavily shorted (35%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.55%
Tesla Motors (TSLA) 10.44%
Google (GOOG/GOOGL) 7.16%
Baidu (BIDU) 5.99%
3D Systems (DDD) 3.49%
Amazon (AMZN) 3.46%
Ace Limited (ACE) 3.29%
Southern Copper (SCCO) 3.24%
Qihoo 360 (QIHU) 2.98%
Under Armour (UA) 2.93%
Stratasys (SSYS) 2.56%
Blackstone (BX) 2.55%
Intuitive Surgical (ISRG) 2.18%
American Software (AMSWA) 1.99%
Nike (NKE) 1.92%
Wynn Resorts (WYNN) 1.66%
DuPont (DD) 1.55%
Twitter (TWTR) 1.46%
Las Vegas Sands (LVS) 1.45%
McDonald's (MCD) 1.44%
Apache (APA) 1.43%
Intel (INTC) 1.43%
EMC (EMC) 1.39%
Kinder Morgan Energy Partners (KMP) 1.36%
Prospect Capital (PSEC) 1.30%
ExOne (XONE) 1.30%
American Express (AXP) 1.17%
ConocoPhillips (COP) 1.15%
Wells Fargo (WFC) 1.08%
Hershey (HSY) 1.02%
Computer Programs and Systems (CPSI) 1.01%
Starbucks (SBUX) 1.01%
Microsoft (MSFT) 0.98%
Canadian National Railway (CNI) 0.96%
Ansys (ANSS) 0.94%
F5 Networks (FFIV) 0.93%
Cisco (CSCO) 0.93%
Coca-Cola (KO) 0.92%
BlackRock (BLK) 0.90%
International Business Machines (IBM) 0.86%
Salesforce.com (CRM) 0.79%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.75%
Lululemon Athletica (LULU) 0.75%
China Mobile (CHL) 0.74%
iRobot (IRBT) 0.71%
Whole Foods Market (WFM) 0.67%
Tuesday, April 8, 2014
Stock Of The Month: EMC
This month's choice is a repeat of sorts. I bought EMC waaaaaaaaay back in June 2001 for $29.50/share, bought more in May 2002 for $7.50(!)/share, and sold in January 2006 for $13.45. Kind of a mixed bag there, and I couldn't give you a reason why I bought or sold EMC previously.
Today, it is a natural fit with current holdings Google, Amazon, Microsoft, F5 Networks, Cisco, IBM, and Salesforce.com as core representatives of the cloud/"internet of everything". Without further ado...
EMC (EMC)
Positives:
Solid revenue (11%) and earnings (18%) growth.
Cheap 21 P/E, 13 forward P/E.
Well-funded 1.5% dividend yield.
Negatives:
Lukewarm return on assets (7%) and equity (13%).
Low insider ownership (0.2%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Tesla Motors (TSLA) 10.74%
Apple (AAPL) 10.27%
Google (GOOG/GOOGL) 7.56%
Baidu (BIDU) 5.70%
Amazon (AMZN) 3.70%
Southern Copper (SCCO) 3.40%
Under Armour (UA) 3.20%
Ace Limited (ACE) 3.17%
Qihoo 360 (QIHU) 3.09%
Intuitive Surgical (ISRG) 2.96%
3D Systems (DDD) 2.84%
Stratasys (SSYS) 2.70%
Blackstone (BX) 2.64%
American Software (AMSWA) 2.06%
Nike (NKE) 1.93%
Wynn Resorts (WYNN) 1.61%
Twitter (TWTR) 1.58%
DuPont (DD) 1.56%
EMC (EMC) 1.49%
Intel (INTC) 1.46%
Apache (APA) 1.41%
McDonald's (MCD) 1.41%
Kinder Morgan Energy Partners (KMP) 1.40%
Las Vegas Sands (LVS) 1.39%
Prospect Capital (PSEC) 1.31%
American Express (AXP) 1.18%
Hershey (HSY) 1.08%
Wells Fargo (WFC) 1.07%
ConocoPhillips (COP) 1.06%
Starbucks (SBUX) 1.03%
Computer Programs and Systems (CPSI) 1.02%
Microsoft (MSFT) 0.99%
F5 Networks (FFIV) 0.97%
Ansys (ANSS) 0.96%
Cisco (CSCO) 0.94%
Canadian National Railway (CNI) 0.93%
BlackRock (BLK) 0.91%
Lululemon Athletica (LULU) 0.88%
Coca-Cola (KO) 0.88%
International Business Machines (IBM) 0.88%
Salesforce.com (CRM) 0.83%
iRobot (IRBT) 0.79%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.76%
China Mobile (CHL) 0.74%
Whole Foods Market (WFM) 0.70%
ExOne (XONE) 0.40%
Today, it is a natural fit with current holdings Google, Amazon, Microsoft, F5 Networks, Cisco, IBM, and Salesforce.com as core representatives of the cloud/"internet of everything". Without further ado...
EMC (EMC)
Positives:
Solid revenue (11%) and earnings (18%) growth.
Cheap 21 P/E, 13 forward P/E.
Well-funded 1.5% dividend yield.
Negatives:
Lukewarm return on assets (7%) and equity (13%).
Low insider ownership (0.2%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Tesla Motors (TSLA) 10.74%
Apple (AAPL) 10.27%
Google (GOOG/GOOGL) 7.56%
Baidu (BIDU) 5.70%
Amazon (AMZN) 3.70%
Southern Copper (SCCO) 3.40%
Under Armour (UA) 3.20%
Ace Limited (ACE) 3.17%
Qihoo 360 (QIHU) 3.09%
Intuitive Surgical (ISRG) 2.96%
3D Systems (DDD) 2.84%
Stratasys (SSYS) 2.70%
Blackstone (BX) 2.64%
American Software (AMSWA) 2.06%
Nike (NKE) 1.93%
Wynn Resorts (WYNN) 1.61%
Twitter (TWTR) 1.58%
DuPont (DD) 1.56%
EMC (EMC) 1.49%
Intel (INTC) 1.46%
Apache (APA) 1.41%
McDonald's (MCD) 1.41%
Kinder Morgan Energy Partners (KMP) 1.40%
Las Vegas Sands (LVS) 1.39%
Prospect Capital (PSEC) 1.31%
American Express (AXP) 1.18%
Hershey (HSY) 1.08%
Wells Fargo (WFC) 1.07%
ConocoPhillips (COP) 1.06%
Starbucks (SBUX) 1.03%
Computer Programs and Systems (CPSI) 1.02%
Microsoft (MSFT) 0.99%
F5 Networks (FFIV) 0.97%
Ansys (ANSS) 0.96%
Cisco (CSCO) 0.94%
Canadian National Railway (CNI) 0.93%
BlackRock (BLK) 0.91%
Lululemon Athletica (LULU) 0.88%
Coca-Cola (KO) 0.88%
International Business Machines (IBM) 0.88%
Salesforce.com (CRM) 0.83%
iRobot (IRBT) 0.79%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.76%
China Mobile (CHL) 0.74%
Whole Foods Market (WFM) 0.70%
ExOne (XONE) 0.40%
Monday, March 3, 2014
Stocks Of The Month: DDD, SSYS, IRBT, LULU
First, some housecleaning...Vodafone (VOD) finally sold its holding of Verizon Wireless to Verizon (VZ), meaning I could declare "mission accomplished" for a 94% gain (16% annualized). I used the proceeds to help buy 2 old stocks, and 2 new stocks...
3D Systems (DDD)
Positives:
Excellent revenue growth (52%).
3D printing is a hot industry (like, "electric car" hot).
Negatives:
Absurd 166 P/E, though forward 62 P/E is slightly better.
Poor earnings growth (3%).
Heavily shorted (29%).
Stratasys (SSYS)
Positives:
153% revenue growth.
$615M cash, $0 debt.
42% of shares owned by insiders.
Negatives:
No earnings as of yet; forward P/E of 56.
Negative profit margin (-7%) and ROE (-2%).
iRobot (IRBT)
Positives:
Good revenue growth (26%).
$187M cash, $0 debt.
Seems like something Google might want to buy (e.g. Nest, Boston Dynamics).
Negatives:
Lukewarm margins (6% profit, 7% operating) and returns (6% on assets, 9% on equity).
Substantially shorted (18%).
Should be making more interesting things than vacuum cleaners.
Lululemon Athletica (LULU)
Positives:
Solid margins (18% profit, 26% operating) and returns (25% on assets, 31% on equity).
$601M cash, $0 debt.
Reasonable 26 P/E, 23 forward P/E.
Negatives:
Market cap of $7B. That's a lot of yoga pants.
Substantially shorted (17%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Tesla Motors (TSLA) 11.84%
Apple (AAPL) 9.83%
Google (GOOG) 7.75%
Baidu (BIDU) 6.08%
Amazon (AMZN) 3.86%
3D Systems (DDD) 3.81%
Qihoo 360 (QIHU) 3.51%
Under Armour (UA) 3.25%
Southern Copper (SCCO) 3.19%
Stratasys (SSYS) 3.11%
Ace Limited (ACE) 2.97%
Blackstone (BX) 2.69%
Intuitive Surgical (ISRG) 2.60%
American Software (AMSWA) 2.15%
Nike (NKE) 1.94%
Twitter (TWTR) 1.92%
Wynn Resorts (WYNN) 1.74%
Las Vegas Sands (LVS) 1.48%
DuPont (DD) 1.46%
McDonald's (MCD) 1.28%
Kinder Morgan Energy Partners (KMP) 1.28%
Prospect Capital (PSEC) 1.27%
Intel (INTC) 1.26%
Apache (APA) 1.26%
American Express (AXP) 1.16%
Computer Programs and Systems (CPSI) 1.06%
Hershey (HSY) 1.06%
Ansys (ANSS) 1.00%
Starbucks (SBUX) 0.96%
Wells Fargo (WFC) 0.96%
F5 Networks (FFIV) 0.96%
ConocoPhillips (COP) 0.95%
Microsoft (MSFT) 0.89%
Canadian National Railway (CNI) 0.89%
Salesforce.com (CRM) 0.88%
BlackRock (BLK) 0.86%
Cisco (CSCO) 0.83%
iRobot (IRBT) 0.82%
Coca-Cola (KO) 0.82%
International Business Machines (IBM) 0.79%
Lululemon Athletica (LULU) 0.78%
China Mobile (CHL) 0.72%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.70%
Whole Foods Market (WFM) 0.69%
ExOne (XONE) 0.55%
3D Systems (DDD)
Positives:
Excellent revenue growth (52%).
3D printing is a hot industry (like, "electric car" hot).
Negatives:
Absurd 166 P/E, though forward 62 P/E is slightly better.
Poor earnings growth (3%).
Heavily shorted (29%).
Stratasys (SSYS)
Positives:
153% revenue growth.
$615M cash, $0 debt.
42% of shares owned by insiders.
Negatives:
No earnings as of yet; forward P/E of 56.
Negative profit margin (-7%) and ROE (-2%).
iRobot (IRBT)
Positives:
Good revenue growth (26%).
$187M cash, $0 debt.
Seems like something Google might want to buy (e.g. Nest, Boston Dynamics).
Negatives:
Lukewarm margins (6% profit, 7% operating) and returns (6% on assets, 9% on equity).
Substantially shorted (18%).
Should be making more interesting things than vacuum cleaners.
Lululemon Athletica (LULU)
Positives:
Solid margins (18% profit, 26% operating) and returns (25% on assets, 31% on equity).
$601M cash, $0 debt.
Reasonable 26 P/E, 23 forward P/E.
Negatives:
Market cap of $7B. That's a lot of yoga pants.
Substantially shorted (17%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Tesla Motors (TSLA) 11.84%
Apple (AAPL) 9.83%
Google (GOOG) 7.75%
Baidu (BIDU) 6.08%
Amazon (AMZN) 3.86%
3D Systems (DDD) 3.81%
Qihoo 360 (QIHU) 3.51%
Under Armour (UA) 3.25%
Southern Copper (SCCO) 3.19%
Stratasys (SSYS) 3.11%
Ace Limited (ACE) 2.97%
Blackstone (BX) 2.69%
Intuitive Surgical (ISRG) 2.60%
American Software (AMSWA) 2.15%
Nike (NKE) 1.94%
Twitter (TWTR) 1.92%
Wynn Resorts (WYNN) 1.74%
Las Vegas Sands (LVS) 1.48%
DuPont (DD) 1.46%
McDonald's (MCD) 1.28%
Kinder Morgan Energy Partners (KMP) 1.28%
Prospect Capital (PSEC) 1.27%
Intel (INTC) 1.26%
Apache (APA) 1.26%
American Express (AXP) 1.16%
Computer Programs and Systems (CPSI) 1.06%
Hershey (HSY) 1.06%
Ansys (ANSS) 1.00%
Starbucks (SBUX) 0.96%
Wells Fargo (WFC) 0.96%
F5 Networks (FFIV) 0.96%
ConocoPhillips (COP) 0.95%
Microsoft (MSFT) 0.89%
Canadian National Railway (CNI) 0.89%
Salesforce.com (CRM) 0.88%
BlackRock (BLK) 0.86%
Cisco (CSCO) 0.83%
iRobot (IRBT) 0.82%
Coca-Cola (KO) 0.82%
International Business Machines (IBM) 0.79%
Lululemon Athletica (LULU) 0.78%
China Mobile (CHL) 0.72%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.70%
Whole Foods Market (WFM) 0.69%
ExOne (XONE) 0.55%
Wednesday, January 8, 2014
Stock Of The Month: AAPL
One of the reasons that I go through the process of writing The Ongoing Concerns recap each year is that usually one stock "pops" as something that is deserving of an additional allocation.
For 2014, that stock is Apple (AAPL)...even though it was already my largest holding.
This might be a theme throughout the year: if some is good, more is better. i.e. I'm not going to try to be too cute with new investment ideas.
Without further ado...
Apple (AAPL)
Positives:
The greatest consumer electronics company in the history of the world.
Good margins (22% profit, 29% operating).
Good ROA (16%) and ROE (31%).
+$24B cash-minus-debt.
Massive $31B free cash flow lead to extremely well-funded 2.2% dividend yield.
An absurdly low 14 P/E, 11 forward P/E.
Negatives:
Huge market cap ($489B).
Weak revenue growth (4%), negative earnings growth (-9%).
Low insider ownership (0.04%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 10.81%
Google (GOOG) 7.86%
Tesla Motors (TSLA) 7.64%
Baidu (BIDU) 6.96%
Amazon (AMZN) 4.61%
3D Systems (DDD) 4.12%
Ace Limited (ACE) 3.26%
Southern Copper (SCCO) 3.13%
Qihoo 360 (QIHU) 3.06%
Blackstone (BX) 2.77%
Under Armour (UA) 2.66%
Stratasys (SSYS) 2.65%
Intuitive Surgical (ISRG) 2.33%
Twitter (TWTR) 2.27%
American Software (AMSWA) 2.14%
Nike (NKE) 2.06%
Vodafone (VOD) 1.75%
Wynn Resorts (WYNN) 1.57%
DuPont (DD) 1.50%
Las Vegas Sands (LVS) 1.49%
Kinder Morgan Energy Partners (KMP) 1.47%
Apache (APA) 1.46%
Intel (INTC) 1.40%
McDonald's (MCD) 1.39%
Prospect Capital (PSEC) 1.38%
American Express (AXP) 1.23%
Starbucks (SBUX) 1.13%
Ansys (ANSS) 1.11%
ConocoPhillips (COP) 1.07%
Computer Programs and Systems (CPSI) 1.05%
Hershey (HSY) 1.05%
Wells Fargo (WFC) 1.02%
BlackRock (BLK) 0.97%
Cisco (CSCO) 0.92%
Coca-Cola (KO) 0.92%
Canadian National Railway (CNI) 0.91%
Microsoft (MSFT) 0.90%
Salesforce.com (CRM) 0.87%
International Business Machines (IBM) 0.86%
ExOne (XONE) 0.86%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.82%
F5 Networks (FFIV) 0.82%
China Mobile (CHL) 0.81%
Whole Foods Market (WFM) 0.74%
For 2014, that stock is Apple (AAPL)...even though it was already my largest holding.
This might be a theme throughout the year: if some is good, more is better. i.e. I'm not going to try to be too cute with new investment ideas.
Without further ado...
Apple (AAPL)
Positives:
The greatest consumer electronics company in the history of the world.
Good margins (22% profit, 29% operating).
Good ROA (16%) and ROE (31%).
+$24B cash-minus-debt.
Massive $31B free cash flow lead to extremely well-funded 2.2% dividend yield.
An absurdly low 14 P/E, 11 forward P/E.
Negatives:
Huge market cap ($489B).
Weak revenue growth (4%), negative earnings growth (-9%).
Low insider ownership (0.04%).
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 10.81%
Google (GOOG) 7.86%
Tesla Motors (TSLA) 7.64%
Baidu (BIDU) 6.96%
Amazon (AMZN) 4.61%
3D Systems (DDD) 4.12%
Ace Limited (ACE) 3.26%
Southern Copper (SCCO) 3.13%
Qihoo 360 (QIHU) 3.06%
Blackstone (BX) 2.77%
Under Armour (UA) 2.66%
Stratasys (SSYS) 2.65%
Intuitive Surgical (ISRG) 2.33%
Twitter (TWTR) 2.27%
American Software (AMSWA) 2.14%
Nike (NKE) 2.06%
Vodafone (VOD) 1.75%
Wynn Resorts (WYNN) 1.57%
DuPont (DD) 1.50%
Las Vegas Sands (LVS) 1.49%
Kinder Morgan Energy Partners (KMP) 1.47%
Apache (APA) 1.46%
Intel (INTC) 1.40%
McDonald's (MCD) 1.39%
Prospect Capital (PSEC) 1.38%
American Express (AXP) 1.23%
Starbucks (SBUX) 1.13%
Ansys (ANSS) 1.11%
ConocoPhillips (COP) 1.07%
Computer Programs and Systems (CPSI) 1.05%
Hershey (HSY) 1.05%
Wells Fargo (WFC) 1.02%
BlackRock (BLK) 0.97%
Cisco (CSCO) 0.92%
Coca-Cola (KO) 0.92%
Canadian National Railway (CNI) 0.91%
Microsoft (MSFT) 0.90%
Salesforce.com (CRM) 0.87%
International Business Machines (IBM) 0.86%
ExOne (XONE) 0.86%
The Distressed (BEBE, GSOL, LZB, MSI, TMUS) 0.82%
F5 Networks (FFIV) 0.82%
China Mobile (CHL) 0.81%
Whole Foods Market (WFM) 0.74%
Saturday, January 4, 2014
2013 Stock Recap: The Ongoing Concerns
In case you missed it, I said some nice things about my portfolio in the "Departed" recap.
And now, let's look at all the stocks I've held going into this year, from worst to best - based solely on 2013's performance, while mostly ignoring any intra-year volatility:
Southern Copper (SCCO)
Year-opening price: $37.86
Year-closing price: $28.71 (-24%)
Struggled along with every other materials stock.
Intuitive Surgical (ISRG)
Year-opening price: $490.37
Year-closing price: $384.08 (-22%)
2 lousy years in a row. Still in fine shape long-term.
Cisco (CSCO)
Bought: Aug @ $25.80
Year-closing price: $22.43 (-13%)
Going to need a lot of patience with this one.
China Mobile (CHL)
Year-opening price: $58.72
Year-closing price: $52.29 (-11%)
Maybe the iPhone will spark a better 2014.
ExOne (XONE)
Bought: Jul @ $64.87
Year-closing price: $60.46 (-6%)
My one 3D-printing dud.
F5 Networks (FFIV)
Year-opening price: $97.15
Year-closing price: $90.86 (-6%)
It's now or never for these guys.
International Business Machines (IBM)
Year-opening price: $191.55
Year-closing price: $187.57 (-2%)
Zero concern here - about as good of a proxy for technology as there is.
Whole Foods Market (WFM)
Bought: Oct @ $59.01
Year-closing price: $57.83 (-2%)
I can't buy Wegmans, so I bought these guys instead.
Hershey (HSY)
Bought: Aug @ $97.05
Year-closing price: $97.23 (0%)
Waiting for Buffett (or a Buffett-wannabe).
Kinder Morgan Energy Partners (KMP)
Year-opening price: $79.79
Year-closing price: $80.66 (1%)
Saved by the 6.7% dividend yield.
Coca-Cola (KO)
Bought: Apr @ $40.45
Year-closing price: $41.31 (2%)
Black gold. Long-term hold.
Prospect Capital (PSEC)
Year-opening price: $10.87
Year-closing price: $11.22 (3%)
Saved by the 11.8% dividend yield.
Apple (AAPL)
Year-opening price: $532.17
Year-closing price: $561.02 (5%)
Poised for an excellent 2014.
Salesforce.com (CRM)
Bought: Oct @ $52.26
Year-closing price: $55.19 (6%)
Finally bought - after years of watching it go up, up, up.
Starbucks (SBUX)
Bought: Aug @ $73.50
Year-closing price: $78.39 (7%)
The best-run retail operation in the world?
Apache (APA)
Year-opening price: $78.50
Year-closing price: $85.94 (9%)
Has under-performed for several years running; I still like it anyway.
McDonald's (MCD)
Year-opening price: $88.21
Year-closing price: $97.03 (10%)
Seems to be succeeding, in spite of its CEO.
Canadian National Railway (CNI)
Bought: May @ $48.41
Year-closing price: $57.02 (17%)
Trains are awesome.
BlackRock (BLK)
Bought: May @ $261.69
Year-closing price: $316.47 (21%)
Ought to be doing well...they own most of the market.
Motorola Solutions (MSI)
Year-opening price: $55.68
Year-closing price: $67.50 (21%)
The boring half of Motorola keeps chugging along.
ConocoPhillips (COP)
Year-opening price: $57.99
Year-closing price: $70.65 (22%)
Deserves more respect as an elite energy stock.
Computer Programs and Systems (CPSI)
Year-opening price: $50.34
Year-closing price: $61.81 (23%)
Should benefit from continued modernization of health care.
Ansys (ANSS)
Bought: Jan @ $69.79
Year-closing price: $87.20 (25%)
A semi-forgotten 3D-printing play, that nonetheless did OK.
Global Sources (GSOL)
Year-opening price: $6.48
Year-closing price: $8.13 (25%)
"B2B in China? Yeah!"
Intel (INTC)
Year-opening price: $20.62
Year-closing price: $25.95 (26%)
Nice bounce-back year. Another good tech proxy.
American Software (AMSWA)
Year-opening price: $7.76
Year-closing price: $9.87 (27%)
Nice bounce-back year.
Ace Limited (ACE)
Year-opening price: $79.80
Year-closing price: $103.53 (30%)
Approaching 10 years as part of my portfolio.
Wells Fargo (WFC)
Year-opening price: $34.18
Year-closing price: $45.40 (33%)
The best bank money can buy.
bebe stores (BEBE)
Year-opening price: $4.00
Year-closing price: $5.32 (33%)
Have they finally turned things around?
Las Vegas Sands (LVS)
Bought: Aug @ $57.18
Year-closing price: $78.87 (38%)
Macau is hot, part one.
Microsoft (MSFT)
Year-opening price: $26.71
Year-closing price: $37.41 (40%)
Ballmer's gone.
Twitter (TWTR)
Bought: Nov @ $45.10
Bought more: Nov @ $40.47
Year-closing price: $63.65 (41%)
Probably in for a wild 2014. Buckle your seatbelts.
Wynn Resorts (WYNN)
Bought: Aug @ $137.45
Year-closing price: $194.21 (41%)
Macau is hot, part two.
DuPont (DD)
Year-opening price: $44.98
Year-closing price: $64.97 (44%)
Continuing to execute, 5 years and running.
Nike (NKE)
Bought: Feb @ $54.00
Bought more: Dec @ $79.35
Year-closing price: $78.64 (46%)
A good proxy for human activity, really.
Vodafone (VOD)
Year-opening price: $25.19
Year-closing price: $39.31 (56%)
Thank you, Verizon. Thank. You.
American Express (AXP)
Year-opening price: $57.48
Year-closing price: $90.73 (58%)
Probably the most surprising yearly performance of any stock I own.
Stratasys (SSYS)
Bought: Jul @ $85.03
Bought more: Sep @ $109.23
Year-closing price: $134.70 (58%)
Glad I bought this to complement DDD.
Google (GOOG)
Year-opening price: $707.38
Year-closing price: $1120.71 (58%)
Firing on all cylinders. Market will probably be "afraid of heights" with stock price in thousands.
Amazon (AMZN)
Year-opening price: $250.87
Bought more: Mar @ $265.36
Year-closing price: $398.79 (59%)
Will be fun to watch Amazon and Google innovate over the next decade.
3D Systems (DDD)
Bought: Jan @ $58.18
Bought more: Jun @ $48.55
Year-closing price: $92.93 (60%)
Living up to the 3D-printing hype.
Baidu (BIDU)
Year-opening price: $100.29
Year-closing price: $177.88 (77%)
I hear China is making a comeback!
Under Armour (UA)
Year-opening price: $48.53
Bought more: Dec @ $81.77
Year-closing price: $87.30 (80%)
Market is beginning to recognize the next Nike.
Qihoo 360 (QIHU)
Bought: Jun @ $44.12
Bought more: Sep @ $82.25
Year-closing price: $82.05 (86%)
Bought to complement Baidu; ended up outperforming it.
Blackstone (BX)
Year-opening price: $15.59
Year-closing price: $31.50 (102%)
These guys are good.
T-Mobile (TMUS)
Acquired: May @ $16.56
Year-closing price: $33.64 (103%)
Acquired from MetroPCS merger. So far, so good.
La-Z-Boy (LZB)
Year-opening price: $14.15
Year-closing price: $31.00 (119%)
Makes me wish I owned more of it.
Tesla Motors (TSLA)
Year-opening price: $33.87
Year-closing price: $150.43 (344%)
Simply put, the best year ever for any stock I've ever owned.
And now, let's look at all the stocks I've held going into this year, from worst to best - based solely on 2013's performance, while mostly ignoring any intra-year volatility:
Southern Copper (SCCO)
Year-opening price: $37.86
Year-closing price: $28.71 (-24%)
Struggled along with every other materials stock.
Intuitive Surgical (ISRG)
Year-opening price: $490.37
Year-closing price: $384.08 (-22%)
2 lousy years in a row. Still in fine shape long-term.
Cisco (CSCO)
Bought: Aug @ $25.80
Year-closing price: $22.43 (-13%)
Going to need a lot of patience with this one.
China Mobile (CHL)
Year-opening price: $58.72
Year-closing price: $52.29 (-11%)
Maybe the iPhone will spark a better 2014.
ExOne (XONE)
Bought: Jul @ $64.87
Year-closing price: $60.46 (-6%)
My one 3D-printing dud.
F5 Networks (FFIV)
Year-opening price: $97.15
Year-closing price: $90.86 (-6%)
It's now or never for these guys.
International Business Machines (IBM)
Year-opening price: $191.55
Year-closing price: $187.57 (-2%)
Zero concern here - about as good of a proxy for technology as there is.
Whole Foods Market (WFM)
Bought: Oct @ $59.01
Year-closing price: $57.83 (-2%)
I can't buy Wegmans, so I bought these guys instead.
Hershey (HSY)
Bought: Aug @ $97.05
Year-closing price: $97.23 (0%)
Waiting for Buffett (or a Buffett-wannabe).
Kinder Morgan Energy Partners (KMP)
Year-opening price: $79.79
Year-closing price: $80.66 (1%)
Saved by the 6.7% dividend yield.
Coca-Cola (KO)
Bought: Apr @ $40.45
Year-closing price: $41.31 (2%)
Black gold. Long-term hold.
Prospect Capital (PSEC)
Year-opening price: $10.87
Year-closing price: $11.22 (3%)
Saved by the 11.8% dividend yield.
Apple (AAPL)
Year-opening price: $532.17
Year-closing price: $561.02 (5%)
Poised for an excellent 2014.
Salesforce.com (CRM)
Bought: Oct @ $52.26
Year-closing price: $55.19 (6%)
Finally bought - after years of watching it go up, up, up.
Starbucks (SBUX)
Bought: Aug @ $73.50
Year-closing price: $78.39 (7%)
The best-run retail operation in the world?
Apache (APA)
Year-opening price: $78.50
Year-closing price: $85.94 (9%)
Has under-performed for several years running; I still like it anyway.
McDonald's (MCD)
Year-opening price: $88.21
Year-closing price: $97.03 (10%)
Seems to be succeeding, in spite of its CEO.
Canadian National Railway (CNI)
Bought: May @ $48.41
Year-closing price: $57.02 (17%)
Trains are awesome.
BlackRock (BLK)
Bought: May @ $261.69
Year-closing price: $316.47 (21%)
Ought to be doing well...they own most of the market.
Motorola Solutions (MSI)
Year-opening price: $55.68
Year-closing price: $67.50 (21%)
The boring half of Motorola keeps chugging along.
ConocoPhillips (COP)
Year-opening price: $57.99
Year-closing price: $70.65 (22%)
Deserves more respect as an elite energy stock.
Computer Programs and Systems (CPSI)
Year-opening price: $50.34
Year-closing price: $61.81 (23%)
Should benefit from continued modernization of health care.
Ansys (ANSS)
Bought: Jan @ $69.79
Year-closing price: $87.20 (25%)
A semi-forgotten 3D-printing play, that nonetheless did OK.
Global Sources (GSOL)
Year-opening price: $6.48
Year-closing price: $8.13 (25%)
"B2B in China? Yeah!"
Intel (INTC)
Year-opening price: $20.62
Year-closing price: $25.95 (26%)
Nice bounce-back year. Another good tech proxy.
American Software (AMSWA)
Year-opening price: $7.76
Year-closing price: $9.87 (27%)
Nice bounce-back year.
Ace Limited (ACE)
Year-opening price: $79.80
Year-closing price: $103.53 (30%)
Approaching 10 years as part of my portfolio.
Wells Fargo (WFC)
Year-opening price: $34.18
Year-closing price: $45.40 (33%)
The best bank money can buy.
bebe stores (BEBE)
Year-opening price: $4.00
Year-closing price: $5.32 (33%)
Have they finally turned things around?
Las Vegas Sands (LVS)
Bought: Aug @ $57.18
Year-closing price: $78.87 (38%)
Macau is hot, part one.
Microsoft (MSFT)
Year-opening price: $26.71
Year-closing price: $37.41 (40%)
Ballmer's gone.
Twitter (TWTR)
Bought: Nov @ $45.10
Bought more: Nov @ $40.47
Year-closing price: $63.65 (41%)
Probably in for a wild 2014. Buckle your seatbelts.
Wynn Resorts (WYNN)
Bought: Aug @ $137.45
Year-closing price: $194.21 (41%)
Macau is hot, part two.
DuPont (DD)
Year-opening price: $44.98
Year-closing price: $64.97 (44%)
Continuing to execute, 5 years and running.
Nike (NKE)
Bought: Feb @ $54.00
Bought more: Dec @ $79.35
Year-closing price: $78.64 (46%)
A good proxy for human activity, really.
Vodafone (VOD)
Year-opening price: $25.19
Year-closing price: $39.31 (56%)
Thank you, Verizon. Thank. You.
American Express (AXP)
Year-opening price: $57.48
Year-closing price: $90.73 (58%)
Probably the most surprising yearly performance of any stock I own.
Stratasys (SSYS)
Bought: Jul @ $85.03
Bought more: Sep @ $109.23
Year-closing price: $134.70 (58%)
Glad I bought this to complement DDD.
Google (GOOG)
Year-opening price: $707.38
Year-closing price: $1120.71 (58%)
Firing on all cylinders. Market will probably be "afraid of heights" with stock price in thousands.
Amazon (AMZN)
Year-opening price: $250.87
Bought more: Mar @ $265.36
Year-closing price: $398.79 (59%)
Will be fun to watch Amazon and Google innovate over the next decade.
3D Systems (DDD)
Bought: Jan @ $58.18
Bought more: Jun @ $48.55
Year-closing price: $92.93 (60%)
Living up to the 3D-printing hype.
Baidu (BIDU)
Year-opening price: $100.29
Year-closing price: $177.88 (77%)
I hear China is making a comeback!
Under Armour (UA)
Year-opening price: $48.53
Bought more: Dec @ $81.77
Year-closing price: $87.30 (80%)
Market is beginning to recognize the next Nike.
Qihoo 360 (QIHU)
Bought: Jun @ $44.12
Bought more: Sep @ $82.25
Year-closing price: $82.05 (86%)
Bought to complement Baidu; ended up outperforming it.
Blackstone (BX)
Year-opening price: $15.59
Year-closing price: $31.50 (102%)
These guys are good.
T-Mobile (TMUS)
Acquired: May @ $16.56
Year-closing price: $33.64 (103%)
Acquired from MetroPCS merger. So far, so good.
La-Z-Boy (LZB)
Year-opening price: $14.15
Year-closing price: $31.00 (119%)
Makes me wish I owned more of it.
Tesla Motors (TSLA)
Year-opening price: $33.87
Year-closing price: $150.43 (344%)
Simply put, the best year ever for any stock I've ever owned.
Wednesday, January 1, 2014
2013 Stock Recap: The Departed
This year's "Departed" post is fairly short, meaning I am generally pleased with my portfolio as it is presently composed.
My portfolio's return (+34.7%; my 3rd best year since I started this investing thing in 2000) topped the S&P 500's total return (+31.9%). You take that 2.8% surplus and run with it, folks.
It's been 3 years since stating so and 13 years overall, but I think I'm closer than I've ever been to having the portfolio that I've always wanted: an overwhelming collection of awesome stocks, devoid of crappy stocks. But this is not a "MISSION ACCOMPLISHED" banner-worthy moment. Every month, I have to do the work to ensure that I keep this good thing going. Let's hope I can.
Here's a look at all the stocks I've sold in the past year, from best to worst - based solely on 2013's performance, while mostly ignoring any intra-year volatility:
White River Capital (RVR)
Year-opening price: $21.25
Sold: Mar @ $22.03 (4%)
Bought out by private equity firm Parthenon Capital Partners.
BreitBurn Energy Partners (BBEP)
Year-opening price: $18.47
Sold: Jul @ $15.94 (-14%)
Year-closing price: $20.34 (10%)
Ditched the worst of my natural gas stocks. If you bought when I sold, congrats.
Annaly Capital Management (NLY)
Year-opening price: $14.04
Sold: Jul @ $11.30 (-20%)
Year-closing price: $9.97 (-29%)
My failed REIT's, part one. (This one's failed twice.)
American Capital Agency (AGNC)
Year-opening price: $28.90
Sold: Jul @ $20.37 (-30%)
Year-closing price: $19.29 (-33%)
My failed REIT's, part two.
My portfolio's return (+34.7%; my 3rd best year since I started this investing thing in 2000) topped the S&P 500's total return (+31.9%). You take that 2.8% surplus and run with it, folks.
It's been 3 years since stating so and 13 years overall, but I think I'm closer than I've ever been to having the portfolio that I've always wanted: an overwhelming collection of awesome stocks, devoid of crappy stocks. But this is not a "MISSION ACCOMPLISHED" banner-worthy moment. Every month, I have to do the work to ensure that I keep this good thing going. Let's hope I can.
Here's a look at all the stocks I've sold in the past year, from best to worst - based solely on 2013's performance, while mostly ignoring any intra-year volatility:
White River Capital (RVR)
Year-opening price: $21.25
Sold: Mar @ $22.03 (4%)
Bought out by private equity firm Parthenon Capital Partners.
BreitBurn Energy Partners (BBEP)
Year-opening price: $18.47
Sold: Jul @ $15.94 (-14%)
Year-closing price: $20.34 (10%)
Ditched the worst of my natural gas stocks. If you bought when I sold, congrats.
Annaly Capital Management (NLY)
Year-opening price: $14.04
Sold: Jul @ $11.30 (-20%)
Year-closing price: $9.97 (-29%)
My failed REIT's, part one. (This one's failed twice.)
American Capital Agency (AGNC)
Year-opening price: $28.90
Sold: Jul @ $20.37 (-30%)
Year-closing price: $19.29 (-33%)
My failed REIT's, part two.
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