Continuing the "cut the losers" theme, Cisco (CSCO) has been sold after (inexplicably) being added to just this past March. It's only been dead money for nearly 16 years and counting.
Proceeds from this sale were used towards 2 "winners"...and 2 stocks of another sort.
Costco (COST)
Positives:
Positive cash flows ($4.3B operating, $1.5B free).
Very safe 1.0% dividend yield.
Warren Buffett likes it.
Negatives:
Thin margins (2% profit, 3% operating).
Weak revenue (1%) and earnings (10%) growth.
Salesforce.com (CRM)
Positives:
Solid revenue growth (24%).
Positive free cash flows ($1.4B).
Negatives:
Expensive 82 forward P/E, 3.45 PEG.
Negative profit (-1%) margin and ROE (-2%).
More debt ($2.1B) than cash ($1.4B).
3D Systems (DDD)
Stratasys (SSYS)
Because.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 12.90%
Tesla Motors (TSLA) 10.04%
Alphabet (GOOGL) 7.77%
Baidu (BIDU) 5.86%
Amazon (AMZN) 5.63%
Under Armour (UA) 4.82%
3D Systems (DDD) 4.50%
Stratasys (SSYS) 4.22%
Nike (NKE) 4.05%
Starbucks (SBUX) 2.79%
Blackstone (BX) 2.75%
Ace Limited (ACE) 2.75%
Qihoo 360 (QIHU) 2.43%
Intuitive Surgical (ISRG) 2.30%
Southern Copper (SCCO) 2.06%
Microsoft (MSFT) 1.78%
American Software (AMSWA) 1.63%
Twitter (TWTR) 1.62%
Wells Fargo (WFC) 1.62%
Salesforce.com (CRM) 1.62%
BlackRock (BLK) 1.59%
Costco Wholesale (COST) 1.52%
Intel (INTC) 1.39%
Boeing (BA) 1.39%
Veolia Environnement (VEOEY) 1.29%
China Mobile (CHL) 1.23%
McDonald's (MCD) 1.20%
DuPont (DD) 1.16%
Ansys (ANSS) 0.88%
Aqua America (WTR) 0.84%
American Water Works (AWK) 0.82%
Canadian National Railway (CNI) 0.72%
Coca-Cola (KO) 0.71%
American Express (AXP) 0.71%
F5 Networks (FFIV) 0.70%
Lululemon Athletica (LULU) 0.60%
