The Aleph Blog » Blog Archive » Portfolio Reshaping Mid-Year 2007, Part 1

Portfolio Reshaping Mid-Year 2007, Part 1

Well, the second portfolio reshaping of the year has begun. To refresh your memory on what I do here, you can review this short post. Here are the tickers from my initial stack, candidates to replace my current portfolio:

ABY ACI ACTU AFN APA ARLP ASEI BBG BHP BLX BMI BOW BTU BVN C CBE [CMB PE] CMC CNX CQB [CRY CN] CRZ CTHR CTL CVX CWEI CY DELL DNR DVN DVR EMR EOG EPEX EPL ERF ESV FCGI FCX FRD FRO FRX FSS FST FTO GIFI GMK GMR GSF GVHR GW GYI HHGP HNR IDCC IMMR IMOS INTX IO IR ITW IVAC KAR KEP LRCX LRW [LUN CN] MEOH MGS MKSI MLR MRO MTL MVC NAT NBL NBR NFX NR NRP OMM OPMR PCZ PH PRKR PTEN PVX PWE R RDC RDS RGS RIG RIO ROK RRC RSH S SHOO SPH SPI STZ SU SWKS TAP TLM TPL TSO TX TXI TYC UNT UNTD UPL WCC WDC WFC WIN XTO

If you have ideas, post them in the comment section of this post.  I’ll be running my industry model and an additional screen to generate a few more tickers, and then the comparison to my current portfolio. I should have more later today. Till then.






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6 Responses to Portfolio Reshaping Mid-Year 2007, Part 1

  1. Steve Milos says:

    David,

    You might want to add LXK. It’s cheap on many measures, although not on Price/Book which I know is one of your metrics.

  2. James Dailey says:

    Hello David,

    Let me know if you have any questions on MLR – I’ve been involved since February 2003 (when its market cap was under $30 million and it was on the verge of bankruptcy) and am very familiar with the history/management of the company.

    I don’t see much in the way of healthcare in your list. I personally just added BSX to portfolios. The balance sheet is not exactly high quality but its valuation prices in a significant margin of error as long as there isn’t a catastrophic product problem. Sentiment on the stock is near-death with its horrid performance over the past few years. It seems to me your portfolio is massively leveraged to global growth, so perhaps healthcare could be a good diversifier?

  3. amccabe says:

    Some of my holdings that are furthest from my targets are NTO, POPEZ, and CRESY. I think they are all cheap vs their assets.

    I don’t think they’re necessarily a fit for your style, but I also like PAY, EDA, and JBLU.

  4. PaulinKansasCity says:

    Duke energy deserves mention. I hhave not done the homework on it and plan on it over the next few days

  5. amccabe says:

    I ran a few screens late last week for new names, and the most promising results were GAS, R, and WCC. WCC and R are already on the list of candidates, but (like DUK) GAS (Nicor) could be interesting, too.

  6. I will add these into the hopper. Thanks to all.

Disclaimer


David Merkel is an investment professional, and like every investment professional, he makes mistakes. David encourages you to do your own independent "due diligence" on any idea that he talks about, because he could be wrong. Nothing written here, at RealMoney, Wall Street All-Stars, or anywhere else David may write is an invitation to buy or sell any particular security; at most, David is handing out educated guesses as to what the markets may do. David is fond of saying, "The markets always find a new way to make a fool out of you," and so he encourages caution in investing. Risk control wins the game in the long run, not bold moves. Even the best strategies of the past fail, sometimes spectacularly, when you least expect it. David is not immune to that, so please understand that any past success of his will be probably be followed by failures.


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