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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (33247)4/9/2009 11:03:54 AM
From: E_K_S1 Recommendation  Read Replies (2) of 78627
 
Added a few more shares of SUPERVALU INC (NYSE: SVU) to my current position. Market is selling off all the grocery stores based on Wall Mart's announcement today of lower than expected same store sales. Sector is off 3%-5% today on this news.

finance.yahoo.com

SVU pays the highest dividend now around 5%. It seems like a good defensive and value play at current prices. SVU is still under performing the group. SVU is selling below book value and has a forward PE of 5.

finance.yahoo.com

My SVU position is closing in to a top ten holding. This is the only retailer/grocery I currently hold in the portfolio.

EKS
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