May 9, 2014 Benchmark Investing (BI) Selections
There are only two stocks to discuss this week, but I will not make any changes to my portfolio. Here is a snapshot of this week’s activities.
This week’s candidates:
IGT (Intl Game Technologies) http://caps.fool.com/Ticker/IGT.aspx– the picture at IGT has dimmed lately and its price has suffered. Its earnings are taking a hit as have topline sales. That said, there remains plenty of upside potential when the stock recovers. I will continue to hold for the time being. Decision: Hold
APA (Apache) http://caps.fool.com/Ticker/APA.aspx– Apache’s stock price has been range bound recently. Topline sales, bottomline EPS, and dividends continue to edge higher. The stock remains undervalued with a good deal of upside potential over the long haul. I will continue to hold this stock for a while as well. Decision: Hold
Every week a refresh of key financial data, stock prices, and economic data are evaluated. This information is analyzed using Kenneth Lee's selection process as described in “Trouncing the Dow". Individual stocks are selected based on their relative valuation compared to their own historical valuation metrics. The scientific based approach allow for a superior “rules-based” decision making to buy and sell stocks that has been proven to yield superior results over time.
Each week a broad set of stocks are considered to be bought, sold, or held as part of the process.
Tickers discussed here: IGT, APA