Jun 21 2013 Benchmark Investing (BI) Selections
This week’s candidates:
CNP – a previous Short position taken more than a year ago. Decision: Hold
CSCO – Current Long pick. Decision: Hold
QCOM – a new entry. Taking a Long position on this undervalued company. New Long pick. Decision: Buy
Every week a refresh of key financial data, stock prices, and economic data are assessed. This information is then analyzed using Kenneth Lee's selection process as described in “Trouncing the Down" to select individual stocks that are determined to be severely under or overvalued.
Each week a broad set of stocks are considered to be bought, sold, or held as part of the portolfio. Also indicated is if the pick is a long or Short cndidate as well as if it is a New or Current holding.