We purchased additional shares in Affiliated Computer Systems (ACS) this week. ACS has a 5-year projected average return (PAR) of 17.5% and a quality rating of 71. It now is 4.5% of the portfolio. We purchased an initial (3%) position in Jack Henry & Associates (JKHY). JKHY has a PAR of 16% and a quality rating of 61. We plan to purchase an initial position in Wal-Mart Store (WMT) next week. WMT has a PAR of 16.5% and a quality rating of 85. Here are the current stock selection guidess for ACS<\/a>, JKHY<\/a>, and WMT<\/a>. We can compare future results against the assumptions in these SSGs.<\/p>\n The portfolio summary<\/a> has been updated. The portfolio summary contains links to the related stock selection guides (SSGs). Except for financial service stocks, the SSGs use the preferred procedure. It provides a better guess of future EPS.<\/p>\n Here is the portfolio sorted by projected average return. We need to take a close look at the stocks at the bottom of the sort. O’Reilly Automotive<\/a> — at the bottom of the stack — remains a quality growth stock. It had a great recent quarter and as a result ORLY is selling near its high average PE. We might want to consider selling it and redeploying the cash. <\/p>\n
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![\"Snapshot](\"https:\/\/stockherd.com\/moosepond\/files\/img\/snapshot_20050812.png\" "\\"Snapshot")
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