re: Mike's picks and a few of my own
The same colleague of mine who bought Adobe at the bottom and has held it for a triple likes Autodesk as well FWIW.
Adams Golf (ADGO - unscramble those letters and this is "A DOG"!) I bought it for 4 six months ago, and sold for 4 two weeks later. I don't recall what prompted me to sell, but thank God I did. Now its 3. I do know what prompted me to buy, and I posted it here. Not one of my better calls in the short term, but the jury is still out on this one. This company made over a buck a share net income in its last fiscal year, and its got a balance sheet loaded with cash. Earnings have disappeared, but they've got a new product line out. You could wait for the next quarterly report to see how that product line is selling. Even better, visit some pro shops and see - if this product is selling well, the stock will be a triple in a year.
Applying Graham to banks can get you in a heap of trouble, though WM may be attractive on other measures. Tidewater would be in any institutional portfolio I would start, and I am all over Disney now and would buy it lightly in the mid 20s, poised to make it a major long-term position in the low 20s. I like to see we're fishing in the same pond, Mike.
Let me throw out a few of my own. Mattel (MAT - 25 1/4) below 27. USEC (USU - 11) below 12. Steelcase (SCS - 16 3/4) below 19. Clayton Homes (CMH - 11 3/8) below 14. Lazare Kaplan (LKI - 9) below 9. Anchor Gaming (SLOT - 43) below 50. That's my current buy list. |
