Sep 27, 2013 Benchmark Investing (BI) Selections
There is just one stock to review this week and there are no changes to be made to my portfolio.
This week’s candidate :
FSLR (First Solar) http://caps.fool.com/Ticker/FSLR.aspx – a current log position held for about 18 months now that we will continue to hold. Recent performance has been weak following some earnings misses, which might better be called earnings delays due to project closing slippage. Also, the recent collaboration with GE is likely a very good long term catalyst for the company. First Solar is the most financially secure among the solar players and this should continue to play well over the longterm for the company. 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 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: FSLR