Stan, you've got yourself a nice portfolio. Perhaps we should all be asking you questions on how to assemble and add to our portfolios :-)
Everybody has their own preferences. Some like to feed the winners, some like a balanced approach, some like a sector approach (storage, B2B, fiber), while others use quantitative criteria (PE, PS, etc.). To a certain extent this was discussed at the beginning of the year when the G&K portfolio was put together. Some thought it should have been overweighted in QCOM and GMST. Frank weighted it evenly, and it has performed better as a result due to the strength of stocks like NTAP and EMC. Now, everybody loves NTAP and EMC and SEBL and ITWO, so who knows, maybe they won't perform well over the next 6-12 months. You just never know which stocks are going to take off or tank even within the G&K universe. So, in the end it's whatever you're comfortable with.
That being said, my only advice would be to NOT shy away from stocks at or near a 52-week high just because they are at or near a 52-week high. In fact, I'd say you should add money to only those stocks that are exhibiting high relative strength. Starting there, I think that would eliminate adding new money to INTC, QCOM, and JDSU. All the others are fair game, IMO, and your choice should be based on your personal preferences for whether you want a more balanced portfolio (favoring BRCD and EMC, disfavoring SEBL and QCOM), adding to your winners (SEBL and NTAP), and your gut feel for which will be the best performer over the long run (NTAP?).
Best of luck. |
