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AllTooFoolish (68.84)

Oct 4, 2013 Benchmark Investing (BI) Selections



September 30, 2013 – Comments (0) | RELATED TICKERS: AAPL , HPQ , XRX

There are a number of stocks to review this week and there is a change in my portfolio.

This week’s candidate :

AAPL (Apple)  – a current log position held for about 18 months now that we will continue to hold. Recent price performance has finally picked up following a period of investor doubt. New releases of its flagship iPhone are hitting record sales and investors are rewarding the stock for this success. Decision: Hold

HPQ (Hewlett Packard)  – a current log position also held for about 18 months now that we will continue to hold. Recent performance has not been favorable and the road ahead might be difficult following some easy earnings gains compared to low hurdles from a year ago. That said, ample upside potential warrants continuing to hold for now. Decision: Hold

SPLS (Staples)  – another long position taken more than a year ago. Recent price performance has been positive, but its financial results have been weakening and things look like a hard row to hoe moving forward. However, the price still remains below its downside target and I will continue to hold for the time being. Decision: Hold

XRX (Xerox)  – a current log position also taken about 18 months ago whose price advancement has exceeded my price target. It performance looks to be solid moving forward, but I will stay true to the mechanical decision making of this system and take my profits. However, before I sell I might sell a Call option on my holdings for the balance of the year to make a few extra bucks as I exit this position. Decision: Sell


The Process:

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 Down". Individual stocks are selected based on their relative valuation. The systematic approach allows for a scientific based decision making to buy and sell stocks. This mechanical investing approach has 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. Also indicated is if the pick is a Long or Short candidate as well as if it they are New or Current holdings.

Tickers discussed this week: AAPL, HPQ, SPLS, XRX

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