I was going to have just one stock of the month, but since I seem to enjoy portfolio churn so much, there are two.
Gone is Cherokee (CHKE), due to a declining dividend and stock price; as well as both Motorola Mobility (MMI) and STEC (STEC), due to being insignificant holdings percentage-wise.
In their place are a speculative and a dividend stock respectively...
Tesla Motors (TSLA)
Positives:
Pure play on the long-term trend of automobiles transitioning from gasoline to electric power.
Super-cool cars (they manufacture and sell their own brand) and technology (they supply powertrains for Daimler and Toyota).
Negatives:
Horrible fundamentals across the board (negative earnings, margins, cash flows, etc., etc.)
Kinder Morgan Energy Partners (KMP)
Positives:
High dividend yield (6.6%) and a nearly 20-year history of increasing dividend payments.
Steady, positive cash flows.
Negatives:
Revenues (+3%) and earnings (-36%) not very good.
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 13.09%
Baidu (BIDU) 11.55%
Google (GOOG) 8.20%
Southern Copper (SCCO) 7.16%
Annaly Capital Management (NLY) 5.33%
Intuitive Surgical (ISRG) 4.60%
Ace Limited (ACE) 4.36%
Apache (APA) 3.95%
American Software (AMSWA) 3.67%
BP Prudhoe Bay Royalty Trust (BPT) 3.57%
Hugoton Royalty Trust (HGT) 3.57%
Blackstone (BX) 2.68%
Kinder Morgan Energy Partners (KMP) 2.52%
Vodafone (VOD) 2.52%
McDonald's (MCD) 2.46%
Intel (INTC) 2.38%
DuPont (DD) 2.37%
Prospect Capital (PSEC) 2.26%
BreitBurn Energy Partners (BBEP) 1.97%
The Distressed (ERTS, ESI, JSDA, LZB, MSI, PCS, RVR, WFC) 1.83%
American Capital Agency (AGNC) 1.76%
F5 Networks (FFIV) 1.70%
Chimera Investment (CIM) 1.50%
Under Armour (UA) 1.49%
Tesla Motors (TSLA) 1.44%
Netflix (NFLX) 1.18%
