Stocks Of The Month: VEOEY, UA

First, the housecleaning: ConocoPhillips (COP) was sold at a 16% loss (6% annualized), and non-voting Google (GOOG) was exchanged for voting Google (GOOGL).

This month's choices assert that water is the new oil, and that Stephen Curry and Jordan Spieth are quite good at basketball and golf, respectively...


Veolia Environnement (VEOEY)

Positives:
3.5% dividend yield.
Positive revenue growth (8%).
Large operating ($2.2B) and free ($2.1B) cash flows.

Negatives:
Premium 64 P/E.
Middling profit margin (1%), operating margin (4%), ROA (2%) and ROE (4%).
$3.6B cash vs. $12.7B debt.
Trades over-the-counter on the "pink sheets" (something I swore off a while ago).


Under Armour (UA)

Positives:
Solid revenue growth (29%).
Undervalued market cap ($21B) vs. Nike ($70B).

Negatives:
Expensive 107 P/E, 69 forward P/E.
Negative earnings growth (-16%).
Mediocre profit margin (6%), operating margin (10%), ROA (10%) and ROE (16%).
$171M cash vs. $716M debt.
Negative free cash flow (-$122M).


Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.

Apple (AAPL) 13.94%
Tesla Motors (TSLA) 10.95%
Google (GOOGL) 6.95%
Under Armour (UA) 5.75%
Baidu (BIDU) 5.15%
Amazon (AMZN) 4.57%
Blackstone (BX) 3.69%
3D Systems (DDD) 3.44%
Ace Limited (ACE) 2.76%
Intuitive Surgical (ISRG) 2.48%
Southern Copper (SCCO) 2.45%
Nike (NKE) 2.35%
Qihoo 360 (QIHU) 2.35%
Twitter (TWTR) 1.97%
Stratasys (SSYS) 1.90%
Wells Fargo (WFC) 1.79%
Microsoft (MSFT) 1.60%
BlackRock (BLK) 1.56%
American Software (AMSWA) 1.54%
Cisco (CSCO) 1.53%
China Mobile (CHL) 1.46%
Boeing (BA) 1.44%
Veolia Environnement (VEOEY) 1.32%
Starbucks (SBUX) 1.24%
Intel (INTC) 1.24%
McDonald's (MCD) 1.10%
Alibaba (BABA) 1.03%
DuPont (DD) 0.98%
Ansys (ANSS) 0.94%
F5 Networks (FFIV) 0.92%
Arista Networks (ANET) 0.92%
American Express (AXP) 0.85%
Salesforce.com (CRM) 0.83%
Lululemon Athletica (LULU) 0.82%
Canadian National Railway (CNI) 0.81%
American Water Works (AWK) 0.79%
Tableau Software (DATA) 0.79%
Aqua America (WTR) 0.78%
FireEye (FEYE) 0.78%
Costco Wholesale (COST) 0.77%
Coca-Cola (KO) 0.73%
Computer Programs and Systems (CPSI) 0.59%

Stock Of The Month: DDD

We're dollar cost averaging, folks. Someday, the shares will be at $100 and we'll all have a good laugh over this... #sarcasm


3D Systems (DDD)

Positives:
Cool technology.
Positive cash flows ($50M operating, $52M free).
$200M cash vs. $9M debt.

Negatives:
Lukewarm revenue growth (8%).
Negative earnings, though forward P/E (if you believe in such things) is 21.
Negative margins (-1% profit, -0% operating), ROA (-0%), ROE (-1%).
Heavily shorted (34%).


Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.

Apple (AAPL) 14.76%
Tesla Motors (TSLA) 12.78%
Google (GOOG/GOOGL) 5.63%
Baidu (BIDU) 5.54%
3D Systems (DDD) 4.31%
Under Armour (UA) 3.96%
Blackstone (BX) 3.84%
Amazon (AMZN) 3.83%
Ace Limited (ACE) 2.60%
Southern Copper (SCCO) 2.50%
Twitter (TWTR) 2.39%
Qihoo 360 (QIHU) 2.29%
Nike (NKE) 2.25%
Intuitive Surgical (ISRG) 2.24%
Stratasys (SSYS) 1.99%
Wells Fargo (WFC) 1.75%
BlackRock (BLK) 1.61%
American Software (AMSWA) 1.58%
Microsoft (MSFT) 1.51%
Cisco (CSCO) 1.47%
Boeing (BA) 1.40%
China Mobile (CHL) 1.39%
ConocoPhillips (COP) 1.31%
Intel (INTC) 1.27%
Starbucks (SBUX) 1.21%
DuPont (DD) 1.09%
McDonald's (MCD) 1.06%
Alibaba (BABA) 1.03%
Ansys (ANSS) 0.90%
Arista Networks (ANET) 0.90%
Tableau Software (DATA) 0.89%
FireEye (FEYE) 0.84%
Lululemon Athletica (LULU) 0.83%
F5 Networks (FFIV) 0.83%
American Express (AXP) 0.82%
Salesforce.com (CRM) 0.81%
Aqua America (WTR) 0.77%
American Water Works (AWK) 0.76%
Canadian National Railway (CNI) 0.74%
Costco Wholesale (COST) 0.72%
Coca-Cola (KO) 0.69%
Computer Programs and Systems (CPSI) 0.68%

Late Spring Cleaning: Bought AAPL, ANET, BX, DATA, FEYE

Having lamented owning some low growth, poor balance sheet, underperforming stocks, I looked for some opposites...

	Revenue Growth	Cash	Debt	Dividend Yield
Apple (AAPL)	27%	$33.4B	$43.9B	1.6%
Arista Networks (ANET)	53%	$0.5B	$0.04B	n/a
Blackstone (BX)	64%	$1.2B	$9.2B	8.4%
Tableau Software (DATA)	75%	$0.7B	$0.0B	n/a
FireEye (FEYE)	70%	$0.4B	$0.0B	n/a

Revenue growth is my focal point going forward.  Dividends, margins/returns, earnings, cash, etc. are all nice, but revenue growth is the best indicator of a healthy company.


Here's my current portfolio (growth, dividend, and speculative (hey, there is no speculative!)). As always, I believe in all of these stocks - until I sell them.

Apple (AAPL) 14.76%
Tesla Motors (TSLA) 11.72%
Baidu (BIDU) 6.06%
Google (GOOG/GOOGL) 5.72%
Blackstone (BX) 3.95%
Under Armour (UA) 3.93%
Amazon (AMZN) 3.79%
3D Systems (DDD) 3.28%
Ace Limited (ACE) 2.64%
Southern Copper (SCCO) 2.55%
Qihoo 360 (QIHU) 2.51%
Twitter (TWTR) 2.36%
Intuitive Surgical (ISRG) 2.31%
Stratasys (SSYS) 2.20%
Nike (NKE) 2.16%
Wells Fargo (WFC) 1.78%
BlackRock (BLK) 1.66%
American Software (AMSWA) 1.64%
Microsoft (MSFT) 1.55%
Cisco (CSCO) 1.54%
China Mobile (CHL) 1.44%
Boeing (BA) 1.43%
ConocoPhillips (COP) 1.38%
Intel (INTC) 1.34%
DuPont (DD) 1.25%
Starbucks (SBUX) 1.18%
Alibaba (BABA) 1.09%
McDonald's (MCD) 1.06%
Arista Networks (ANET) 0.96%
Tableau Software (DATA) 0.91%
FireEye (FEYE) 0.91%
Ansys (ANSS) 0.90%
F5 Networks (FFIV) 0.89%
Salesforce.com (CRM) 0.87%
American Express (AXP) 0.85%
Lululemon Athletica (LULU) 0.84%
Canadian National Railway (CNI) 0.78%
Aqua America (WTR) 0.76%
American Water Works (AWK) 0.76%
Costco Wholesale (COST) 0.73%
Coca-Cola (KO) 0.70%
Computer Programs and Systems (CPSI) 0.70%