As is our style, we've been nibbling on select few stocks, with the understanding that the market is 'disjointed' at the moment. I think being conservative makes a lot of sense if you are inclined to be bullish here. A ton depends on your time horizon and I'm guessing that period is becoming shorter and more compressed for the majority.
We trade a lot more than most, so that's a major reason why I don't post many of our purchases, since they're not buy and hold type positions. We bought a tiny slice of GOL and are thinking of adding a little but would like to see some sort of life in it before we put another jar on the shelf. I think they have enough cash on hand to buy the company outright but they may not be able to do that as they also have some large chunks of debt due this year. Being based in Brazil, demand is lowering due to their recession and political turmoil. However, they do have the Olympics coming their way and I think that by the end of this year the stock will turn around and be above $1/share....but I don't have a ton of confidence in them (so the position is not one that's really going to make or break us - to say the least).
We bought a lot of SUNE when it first collapsed and then sold most of it into the run. We've just bought back another batch when it hit $2.50 yesterday.
The lower it goes, I like the potential for TWTR to be a long term winner. I would think that it is not wise to step in front of the falling knife and waiting for earnings to come out is the better play for most.
QCOM looks very attractive but has a lot of negative press and "anti-trust, monopoly" issues. Great yield for waiting but it's downtrend is also one which give me a pause.
I think richardred's HUN is also extremely attractive if your time horizon is more than a few quarters. Pick the "right" biotech that's fallen 60% and you will do VERY well....the problem is which one, as I think politics will continue pressure that sector and use them as "whipping boys".
INFN has dropped into the price range where I think they are very attractive as well.
Those are a few we're looking at here. AAPL, KBH, WSO, AAL, CRM and SPLK all have potentials, IMO but not ready to be aggressive with anything at the moment. Plenty of good stocks in Semi Land, too, like your CY, BRKS and COHU. |
