Varchild Reveals his Portfolio..Plus a Best Kept Secret Stock Pick
I will not reveal my share counts but the following companys are in my portfolio...
1) DPS *Since July 8th, outperforming the S&P 500 by 19%*
2) WHR *Kenmore, Maytag, Whirlpool, 43 cents a share dividend...bought it at $24!
3) MSM *No not the Main Stream Media....It's MSC Industrials Direct!
4) ATVI *Slow Growth stock I bought hard into when it traded in the single digits.
5) HAL *Slow Growth stock...Lenny Dykstra likes Haliburton
6) CRNT *Ceragon Networks beaten down badly...I think it rebounds
7) FLIR *FLIR System's is a keeper long term as they sell what's always needed
8) BAC *Loads of Bank of America for $5.35 yippe!*
Best Kept Secret Stock Pick:
8) EAG *If I become a millionairre within 10 years as a stock investor...It's because of American Defense Systems more than any other stock in my entire portfolio.*
Let's do the Math shall we?
A) One of their advisors is General Peter Pace.
B) ADSI is Caterpillar's #1 Tier supplier and receives Add-On Armor for their Construction Vehicles for the Army known as "Crew Protection Kits." No other defense stock I know of has anything like these CPKs (hence Today's Press Release showing that ADSI has become a Sole Source Supplier of CPKs to the Marines).
C) ADSI announced at the beginning of this year in the teeth of the recession that they will grow 52.5% by end of '09 and based that judgement almost entirely off their contract backlog which was huge in Q4 thanks to the popularity of the CPKs which are savings lives in Iraq and Afghanistan.
D) ADSI now has announced today that they landed their biggest contract for CPK for the Marines, and the 2nd Biggest Contract in their company's history. $30 million dollar contract of which about $15 million or so is realized this year! This is on top of the 52.5% growth projection.
E) ADSI sells to Police Officers several things:
1) Mobile Target Practice Video Screen Systems (which already have gotten rave reviews)
2) Bullet Proof Glass and Bullet Proof Glass Barriers for SWAT protection.
3) Armor and Bulletproof Glass Windows for Armored Police Vehicles.
F) President Obama's own Limousine uses Bulletproof Windows manufactured by ADSI.
ADSI is a conglomerate corporation.... The Conglomerate sector is typically a slow growth sector, but I think ADSI is perhaps the best kept secret in this entire sector if not the entire stock market.
G) Why is ADSI a penny stock????
DEBT Covenants were really close to being tripped....2 third party entities were holding lots of preferred shares of ADSI and if they were to redeem 100% of those shares, ADSI would be dangerously close to bankruptcy.
I think the whole DEBT Covenant and Bankruptcy scares that surfaced in Q1 are now in the past thanks to the Awesome, Superheroes, known as "The United States Marines."
What's good for the Marines.... Is Good for my Portfolio and my Financial future.
I am not going to sell off my shares at all no matter how high the stock trades up.
I got 3 penny stocks....and out of those 3....ADSI has the most promise to break out of Penny Stock Status.