Jarden Corp. (JAH) discussed now in this Motley Fool column:
fool.com
As relates to the Value Investing thread, this is an interesting stock and company from my viewpoint. To me, the stock's performance illustrates the benefits of having a diversified portfolio and maintaining a long-term perspective.
The company's products are dull stuff used around the house - twine, toothpicks, pencils (e.g. Ticonderoga, discussed here previously). One would be correct to expect not very much interest in the stock based on the company's businesses.
The stock was discussed here around 11/2000. (Name was Alltrista then). Couple other times maybe. (I recall such, but searching SI history doesn't show this.) A very positive article on the CEO and his drive and business acumen was published in Forbes, 10/'03.
In any case, had a person taken a few shares when the usual financial ratios looked decent in late '00, or when they still looked okay in subsequent years - and if the person had held on to the stock and gained more knowledge over time about the company's prowess and acquisition skills (as shown by JAH's earnings gains) - that person would have seen unusually good percentage gains in the stock. Perhaps very surprisingly good, given the prosaic nature of the products the company sells.
finance.yahoo.com
If one can pepper one's portfolio with a few of these value-stock performers, even originally only purchasing a few shares, maybe it can make a difference to one's overall results. |
