AA, ADM, AEP, AFL, AOS,APL, ATO, ATR, AVP, AWK, AZN, BA, BG, BHP, BKH, BMI, BMS, BOH, BPL, BWP, CAT, CCE, CHK, CINF, CL, CMC, CMS, CNP, COL, COP, CSL, CTAS, CVX, D, DBD, DCI, DD, DE, DOV, DUK, ED, EMR, EPB, EPD, ETN, ETR, EXC, FAST, FCX, FE, FII, GE, GLW, GWW, HAS, HCN, HEP, HON, HRL, HSC, HSH, IBM, INTC, JNJ, K, KLAC, KMP, LINE, LLY, LMT, LO, MCD, MCHP, MHP, MMM, MSA, MXIM, NEE, NS, NVS, OLN, PAA, PAYX, PBI, PEP, PFE, PH, PM, POT, PPG, PRE, QCOM, R, RES, ROL, RRD, SE, SMG, SO, SON, STM, STRA, TAP, TEG, TX, TYC, UMBF, UTX, X & XOM
This list is way too big, 110 stocks in total, to comment on each individual stock. We have highlighted the stocks we traded in today. All but two of these stocks were new to our portfolio. We allowed our equity position to decline to 30% keeping fixed income and money markets at 70% for year end. Preliminary numbers for the year look to be as expected, between fixed income and equities. Thus we have once again achieved our income and management goals. For the most part we kept the positions added today smaller than usual. There remains much market uncertainty due to a number of factors. One specific factor is earnings fears. Our goal was to keep with energy/utility, commodity, Industrial (parts and machinery), agriculture and consumer staple companies.
Our process involved reducing the total list based on eliminating out liners that had poor liquidity, P/E's that could not be justified, high RVI's and low SSR's or Day's earnings. The reduced list is then compared to current holdings to eliminate current positions. Next we review the stock one name at a time and evaluate each stock on a fundamental and technical basis. Finally, we vote buy or pass.
Symbol Name
AA Alcoa Inc
ADM Archer-Daniels-Midland Company
AEP American Electric Power
AFL AFLAC Incorporated Common
AOS A.O. Smith
APL Atlas Pipeline Partners LP
ATO Atmos Energy Corporation
ATR AptarGroup, Inc
AVP Avon Products, Inc
AWK American Water Works Company, Inc.
AZN AstraZenica PLC
BA Boeing Company
BG Bunge Limited
BHP BHP Biliton Limited
BKH Black Hills Corporation
BMI Badger Meter, Inc
BMS Bemis Company, Inc
BOH Bank of Hawaii Coproration
BPL Buckeye Partners L.P.
BWP Boardwalk Pipeline Partners LP
CAT Caterpillar Inc.
CCE Coca-Cola Enterprises Inc
CHK Chesapeake Energy Corp
CINF Cincinnati Financial CORP
CL Colgate-Palmolive Company
CMC Commercial Metals Company
CMS CMS Energy
CNP CenterPoint Energy Inc
COL Rockwell Collins, Inc
COP ConocoPhillips
CSL Carlisle Companies Incorporated
CTAS Cintas Corporation
CVX Chevron Corp.
D Dominion Resources, Inc
DBD Diebold, Inc
DCI Donaldson Company, Inc.
DD E.I. Du Pont de Nemours
DE Deere & Company
DOV Dover Corporation common Stock
DUK Duke Energy
ED Consolidated Edison, Inc
EMR Emerson Electric Co.
EPB El Paso Pipeline Partners, LP
EPD Enterprise Products Partners LP
ETN Eaton Corporation
ETR Entergy Corporation
EXC Exelon Corporation
FAST Fastenal
FCX Freeport McMoRan
FE FirstEnergy Corp
FII Federated Investors, Inc
GE General Electric
GLW Corning Incorporated
GWW W.W. Granger, Inc.
HAS Hasbro, Inc
HCN Health Care REIT Inc
HEP Holly Energy Partners, LP
HON Honeywell
HRL Hormel Foods Corporation
HSC Harsco Corporation
HSH Hillshire Brands (SLE)
IBM International Business Machines
INTC Intel Corporation
JNJ Johnson & Johnson K Kellogg Company
KLAC KLA-Tencor Corporation
KMP Kinder Morgan Pipeline
LINE Linn Energy, LLC
LLY Eli Lilly and Co
LMT Lockheed Martin Corporation
LO Lorillard Inc
MCD McDonald's Corp
MCHP Microchip Technology Inc.
MHP The McGraw-Hill Companies, Inc.
MMM 3M Company
MSA Mine Safety Appliances Company
MXIM Maxim Integrated Products Inc.
NEE NextEra Energy Inc
NS Nustar Energy Lp
NVS Novartis AG
OLN Olin Corp
PAA Plains All American Pipeline, L.P.
PAYX Paychex, Inc.
PBI Pitney Bowes Inc
PEP Pepsico, Inc
PFE Pfizer, Inc
PH Parker-Hannifon Corp
PM Phillip Morris
POT Potash Corporation of Saskatchewan, Inc
PPG PPG Industries, Inc
PRE PartnerRe Ltd
QCOM Qualcomm Inc
R Ryder Systems, Inc
RES RPC, Inc
ROL Rollins, Inc
RRD RR Donnelley & Sons Co
SE Spectrs Energy Corp
SMG The Scotts Miracle-Gro Company
SO The Southern Company
SON Sonoco Products Co.
STM STMicroelectronics N.V.
STRA Strayer Education, Inc
TAP Molson Coors Brewing Company
TEG Integrys Energy Group, Inc
TX Ternium S.A.
TYC Tyco International Ltd.
UMBF UMB Financial Corporation
UTX United Technologies Corp
X United States Steel Copr
XOM Exxon Mobil Corp
A question and debate arose in today's committee meeting regarding which stocks on the list we should buy. One of the members voiced their opposition to the paper and print industry, specifically : MHP, PBI, and RRD. Dieing businesses versus opportunity in deaths clothing? Argument against owning looks to photo, computer hardware and the auto sectors. They correctly argue that a failure to properly evolve in a dynamic industry is terminal. The argument for owning these stocks looks to radio, entertainment,book seller/retail and printer manufacturers. All these industries were declared dead only to come back to life in re-engineered forms.
We didn't buy any of these stocks so the cowards won, I was on the contra side (ie: losing side) of the argument. Bottom line - discretion is the better part of valor.
Note: the tables shown are embedded .jpg files. This means that you can: 1) double left click them with your mouse to enlarge them, or 2) right click them with your mouse and choose to open them in a new window or tab, print, save, etc.As with everything we post, we may or may not have the stock and/or strategy in place in any one of our portfolios or may add it at any time. We do not make any buy or sell recommendations. We provide basic analytical research, some short commentary of the results and encourage you to do your own thorough due diligence prior to any purchase or sale.
This list is way too big, 110 stocks in total, to comment on each individual stock. We have highlighted the stocks we traded in today. All but two of these stocks were new to our portfolio. We allowed our equity position to decline to 30% keeping fixed income and money markets at 70% for year end. Preliminary numbers for the year look to be as expected, between fixed income and equities. Thus we have once again achieved our income and management goals. For the most part we kept the positions added today smaller than usual. There remains much market uncertainty due to a number of factors. One specific factor is earnings fears. Our goal was to keep with energy/utility, commodity, Industrial (parts and machinery), agriculture and consumer staple companies.
Our process involved reducing the total list based on eliminating out liners that had poor liquidity, P/E's that could not be justified, high RVI's and low SSR's or Day's earnings. The reduced list is then compared to current holdings to eliminate current positions. Next we review the stock one name at a time and evaluate each stock on a fundamental and technical basis. Finally, we vote buy or pass.
Symbol Name
AA Alcoa Inc
ADM Archer-Daniels-Midland Company
AEP American Electric Power
AFL AFLAC Incorporated Common
AOS A.O. Smith
APL Atlas Pipeline Partners LP
ATO Atmos Energy Corporation
ATR AptarGroup, Inc
AVP Avon Products, Inc
AWK American Water Works Company, Inc.
AZN AstraZenica PLC
BA Boeing Company
BG Bunge Limited
BHP BHP Biliton Limited
BKH Black Hills Corporation
BMI Badger Meter, Inc
BMS Bemis Company, Inc
BOH Bank of Hawaii Coproration
BPL Buckeye Partners L.P.
BWP Boardwalk Pipeline Partners LP
CAT Caterpillar Inc.
CCE Coca-Cola Enterprises Inc
CHK Chesapeake Energy Corp
CINF Cincinnati Financial CORP
CL Colgate-Palmolive Company
CMC Commercial Metals Company
CMS CMS Energy
CNP CenterPoint Energy Inc
COL Rockwell Collins, Inc
COP ConocoPhillips
CSL Carlisle Companies Incorporated
CTAS Cintas Corporation
CVX Chevron Corp.
D Dominion Resources, Inc
DBD Diebold, Inc
DCI Donaldson Company, Inc.
DD E.I. Du Pont de Nemours
DE Deere & Company
DOV Dover Corporation common Stock
DUK Duke Energy
ED Consolidated Edison, Inc
EMR Emerson Electric Co.
EPB El Paso Pipeline Partners, LP
EPD Enterprise Products Partners LP
ETN Eaton Corporation
ETR Entergy Corporation
EXC Exelon Corporation
FAST Fastenal
FCX Freeport McMoRan
FE FirstEnergy Corp
FII Federated Investors, Inc
GE General Electric
GLW Corning Incorporated
GWW W.W. Granger, Inc.
HAS Hasbro, Inc
HCN Health Care REIT Inc
HEP Holly Energy Partners, LP
HON Honeywell
HRL Hormel Foods Corporation
HSC Harsco Corporation
HSH Hillshire Brands (SLE)
IBM International Business Machines
INTC Intel Corporation
JNJ Johnson & Johnson K Kellogg Company
KLAC KLA-Tencor Corporation
KMP Kinder Morgan Pipeline
LINE Linn Energy, LLC
LLY Eli Lilly and Co
LMT Lockheed Martin Corporation
LO Lorillard Inc
MCD McDonald's Corp
MCHP Microchip Technology Inc.
MHP The McGraw-Hill Companies, Inc.
MMM 3M Company
MSA Mine Safety Appliances Company
MXIM Maxim Integrated Products Inc.
NEE NextEra Energy Inc
NS Nustar Energy Lp
NVS Novartis AG
OLN Olin Corp
PAA Plains All American Pipeline, L.P.
PAYX Paychex, Inc.
PBI Pitney Bowes Inc
PEP Pepsico, Inc
PFE Pfizer, Inc
PH Parker-Hannifon Corp
PM Phillip Morris
POT Potash Corporation of Saskatchewan, Inc
PPG PPG Industries, Inc
PRE PartnerRe Ltd
QCOM Qualcomm Inc
R Ryder Systems, Inc
RES RPC, Inc
ROL Rollins, Inc
RRD RR Donnelley & Sons Co
SE Spectrs Energy Corp
SMG The Scotts Miracle-Gro Company
SO The Southern Company
SON Sonoco Products Co.
STM STMicroelectronics N.V.
STRA Strayer Education, Inc
TAP Molson Coors Brewing Company
TEG Integrys Energy Group, Inc
TX Ternium S.A.
TYC Tyco International Ltd.
UMBF UMB Financial Corporation
UTX United Technologies Corp
X United States Steel Copr
XOM Exxon Mobil Corp
A question and debate arose in today's committee meeting regarding which stocks on the list we should buy. One of the members voiced their opposition to the paper and print industry, specifically : MHP, PBI, and RRD. Dieing businesses versus opportunity in deaths clothing? Argument against owning looks to photo, computer hardware and the auto sectors. They correctly argue that a failure to properly evolve in a dynamic industry is terminal. The argument for owning these stocks looks to radio, entertainment,book seller/retail and printer manufacturers. All these industries were declared dead only to come back to life in re-engineered forms.
We didn't buy any of these stocks so the cowards won, I was on the contra side (ie: losing side) of the argument. Bottom line - discretion is the better part of valor.
Note: the tables shown are embedded .jpg files. This means that you can: 1) double left click them with your mouse to enlarge them, or 2) right click them with your mouse and choose to open them in a new window or tab, print, save, etc.As with everything we post, we may or may not have the stock and/or strategy in place in any one of our portfolios or may add it at any time. We do not make any buy or sell recommendations. We provide basic analytical research, some short commentary of the results and encourage you to do your own thorough due diligence prior to any purchase or sale.
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