I'll throw this one out that I don't own - ARM. The combination of Arvin Industries and Meritor. Auto parts supply, an out of favor, old economy type biz. Al Frank (Prudent Speculator) recently recommended it. Yield about 5%. Still drooling over CCL, the industry leader. Another "guru" that I follow, George Putnam, recently talked positively about it, although did not outright recommend it. I just think what I would own - Carnival, Cunard, Holland America, Seabourn, Windstar, Costa - IMHO an impressive mix.
OT for those who look at stocks with nice PEG ratios: does anyone follow ar know anything about SNDK? Not a traditional value stock, but one that is growing a lot faster than its multiple.
As to the discord we're seeing here, this too shall pass IMHO - this thread is bigger than that.
Back when the i-nuts were really hot, and I was not participating, I was called a "luddite" by an acquaintance of mine. He's 40 something, still a "newbie" to investing. He owned and owns GBLX, some others of that ilk, a lot which came crashing back to earth. He doesn't cast too many aspersions my way now. Every dog has its day. I've got some disasters on my hands, know I'll have more, but still am up just shy of 10% YTD, which I'm satisfied with.
Other friends have asked me if I've kind of rubbed it in on him, I said that this business is so tough, everyone needs as much support as possible. Let's seek to do that here. |
