At the halfway point of 2011, things aren't looking so good.
My portfolio is trailing the S&P 500 by nearly 10%. This is due to both owning seemingly good stocks that went terribly wrong, and also buying stocks that had no chance to be good in the first place.
So it's time for a comeback...a "game-two-of-the finals-and-the-opponent's-star-player-held-his-follow-through-a-little-too-long-on-a-corner-three" order of comeback. It's not going to be easy. But I'll try to do it the only way I know how: one stock at a time.
Under Armour (UA)
Positives:
Excellent revenue growth (36%) and earnings growth (69%).
Undervalued market cap ($4B) vs. competitors Adidas ($17B) and Nike ($44B).
Negatives:
Mediocre profit margin (6%), operating margin (10%), ROA (12%) and ROE (16%).
Negative cash flows.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.95%
Baidu (BIDU) 8.94%
Southern Copper (SCCO) 7.35%
Google (GOOG) 5.82%
Dominion Resources Black Warrior Trust (DOM) 5.75%
Annaly Capital Management (NLY) 5.52%
Ace Limited (ACE) 4.33%
Apache (APA) 4.23%
American Software (AMSWA) 3.75%
Hugoton Royalty Trust (HGT) 3.69%
BP Prudhoe Bay Royalty Trust (BPT) 3.68%
Intuitive Surgical (ISRG) 3.36%
Blackstone (BX) 3.01%
Cherokee (CHKE) 2.86%
DuPont (DD) 2.63%
Intel (INTC) 2.54%
Prospect Capital (PSEC) 2.49%
McDonald's (MCD) 2.49%
Vodafone (VOD) 2.41%
The Distressed (ERTS, ESI, JSDA, LZB, MMI, MSI, PCS, RVR, STEC, WFC) 2.36%
F5 Networks (FFIV) 2.15%
BreitBurn Energy Partners (BBEP) 2.05%
American Capital Agency (AGNC) 1.83%
Under Armour (UA) 1.69%
Chimera Investment (CIM) 1.62%
Netflix (NFLX) 1.33%
