Posted in SNHY on Aug 6th, 2008 No Comments »
It is always interesting to watch the market reaction to quarterly earnings reports. Small variances between reported earnings and analyst expectations, especially in growth stocks, frequently result in sharp price fluctuations. More often than not, the change in price has nothing to do with the underlying business model of the company. A case in point [...]
Posted in GRMN, HP, LOW, RIG, Stock Transactions on Aug 4th, 2008 No Comments »
On July 29, we purchased:
15.372 additional shares of Garmin Ltd. (GRMN) at $45.34
39.416 additional shares of Lowe’s Companies Inc (LOW) at $20.22
11.974 initial shares of Transocean Inc. (RIG) at $133.62
We sold 27 shares of Helmerich & Payne Inc (HP), a gas and drilling company, at $57.27 reducing the weight of this holding to 2.9%. Transocean, [...]
Posted in Possible New Buys, RIG on Jul 27th, 2008 No Comments »
If the current high price of crude oil reflects a fundamental change in the world-wide demand for oil, as many suggest (see Sunday Washington Post article), then prospects may be bright for oil services stocks. We have one oil services stock in our portfolio, Helmerich & Payne (HP). The stock is at $52.90 per share, [...]
Posted in MXIM, Portfolio Holdings on Jul 26th, 2008 No Comments »
Maxim Integrated Products (MXIM or MXIM.PK) has been one of our disappointing holdings. We bought an initial position in February 2005 at $39.44 per share and added to that position in June 2006 at $31.33 per share thinking the worst was over for the stock. The stock is currently priced at $18.35, down from its [...]
Posted in GE, Stock Transactions on Apr 21st, 2008 No Comments »
We purchased an initial position in General Electric (GE). It took a huge drop on April 11 when it missed its earnings. Historically, GE never missed earnings. With the drop in price, the dividend alone yields 3.87% based on the April 11 closing price. See attached a stock selection guide. This looks like an excellent [...]
Posted in Possible New Buys, SNHY on Jul 30th, 2007 No Comments »
One of the excellent companies that caught in the market downdraft last week is Sun Hydraulics (SNHY). It is a small industrial company in Sarasota, Florida, that designs and manufacturers screw-in hydraulic cartridge valves and manifolds, which control force, speed and motion as integral components in fluid power systems.
SNHY has a global network [...]
Posted in SAP, Stock Transactions on Jun 12th, 2007 No Comments »
SSG and PERT | Google Finance | Company Website
We purchased an initial position in SAP AG on June 13, 2007. Here is the stock selection guide we used for the purchase decision.
Posted in Stock Transactions, WFC on Jun 12th, 2007 No Comments »
SSG and PERT | Google Finance | Company Website
We purchased an initial position in Wells Fargo & Company on June 13, 2007. This replaces Commerce Bancorp. Here is the stock selection guide we used for the purchase decision.
Posted in AIG, Stock Transactions on Jun 12th, 2007 No Comments »
SSG and PERT | Google Finance | Company Website
We purchased an initial position in American International Group on June 13, 2007. This replaces Capital One Financial in the financial sector of our portfolio. Here is the stock selection guide we used for the purchase decision.
Posted in MSFT, Stock Transactions on Jun 12th, 2007 No Comments »
SSG and PERT | Google Finance | Company Website
We purchased an initial position in Microsoft on June 13, 2007. Here is the stock selection guide we used for the purchase decision.