- 10 stocks, each 1/10th of what I usually invest per month.
- No .OB's, .PK's., or eminent bankruptcies.
- Generally speaking, I buy stocks I wouldn't otherwise buy.
Without further ado, I present to you the 2012 edition of "The Distressed":
Acme Packet (APKT, -58% from Apr. 2011): a slightly worse version of F5 Networks.
bebe stores (BEBE, -69% from Jul. 2005): small retailer, growing slowly.
Dendreon (DNDN, -73% from Apr. 2010): one of the choppiest charts in the history of the market. A hope to cure cancer.
Global Sources (GSOL, -82% from Oct. 2007): B2B in China? Yeah!
Hansen Medical (HNSN, -91% from Oct. 2007): a much crappier version of Intuitive Surgical.
MAKO Surgical (MAKO, -13% from Oct. 2011): OK, not very distressed...but a compliment to Hansen.
Rubicon Technology (RBCN, -64% from Jul. 2010): LED's and RFIC's. Decent fundamentals.
Savient Pharmaceuticals (SVNT, -93% from May 2008): hot stock tip from a friend...doesn't get any better than that.
Sunrise Senior Living (SRZ, -80% from Jun. 2007): in a demographically-promising business, but has been mismanaged for years.
Zipcar (ZIP, -52% from Apr. 2011): steady decline from IPO price. Interesting idea of car sharing vs. ownership (and maintenance).
Here's my current portfolio. As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 15.07%
Baidu (BIDU) 9.52%
Google (GOOG) 7.50%
Southern Copper (SCCO) 6.47%
Intuitive Surgical (ISRG) 5.56%
Annaly Capital Management (NLY) 4.44%
Ace Limited (ACE) 4.32%
BP Prudhoe Bay Royalty Trust (BPT) 3.42%
Apache (APA) 3.26%
American Software (AMSWA) 3.26%
American Capital Agency (AGNC) 3.25%
The Distressed (APKT, BEBE, DNDN, ERTS, ESI, GSOL, HNSN, JSDA, LZB, MAKO, MSI, PCS, RBCN, RVR, SRZ, SVNT, WFC, ZIP) 2.98%
Kinder Morgan Energy Partners (KMP) 2.95%
Intel (INTC) 2.63%
McDonald's (MCD) 2.58%
Blackstone (BX) 2.46%
Prospect Capital (PSEC) 2.42%
Vodafone (VOD) 2.22%
Hugoton Royalty Trust (HGT) 2.20%
DuPont (DD) 2.11%
F5 Networks (FFIV) 2.09%
BreitBurn Energy Partners (BBEP) 1.77%
Under Armour (UA) 1.62%
Tesla Motors (TSLA) 1.62%
Amazon (AMZN) 1.52%
Chimera Investment (CIM) 1.23%
Netflix (NFLX) 1.18%
