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Final
Segment #1: |
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'Am I
Diversified?' |
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Wednesday,
March 18, 2009 |
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In this segment, Jim
takes 2-4 callers
and asks them to
submit five stocks
that make up their
largest positions in
their portfolio.
He then comments on
whether or not they
are properly
diversified.
Jim:
Look, it's been a
fabulous run,
right... But does
that mean you throw
everything you
learned out the
window?... Look,
we're not out of the
woods yet... And,
even when we finally
get out of the
woods, and on our
way to the land of
1000 bull dances,
which will
eventually occur...
I'm still going to
preach
diversification.
When I tell you to
own a stock, that
doesn't mean I want
you to throw all
your eggs in one
basket. I hope
you've done your
homework
before you pull the
trigger...
No. What I won't
stand for is you
just being in one
kind of stock or one
kind of sector,
which is why
diversification is
the only free
lunch...
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Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
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VZ |
30.77 |
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BP* |
39.95 |
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FCX* |
37.87 |
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FXI |
27.70 |
China Xinhua 25 iShares Index (FXI)
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CAT |
27.47 |
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Caller:
I want to know if I
am diversified...
Stocks are:
Verizon
(VZ),
BP plc (BP*),
Freeport-McMoRan (FCX*),
China Xinhua 25 iShares Index (FXI),
and
Caterpillar Inc. (CAT)?...
Jim:
So, what do we have
here?...
We've got a mineral
company, we've got a
China company, we've
got an oil company,
we've got a
machinery company,
and we've got a
phone company...
That is absolutely
perfect
diversification,
with some good
yield, by the way...
Now, we don't know
if all the yield is
going to be
maintained, but that
is darn good yield.
Excellent play...
excellent playing by
our friend.
Verdict:
YES,
Diversified.
Next portfolio
analysis by Jim,
below...
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Continued below...
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Wednesday,
October 22, 2008
(Cont'd from
above)...
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Jim (cont'd):
The next caller had
the following
portfolio of
five stocks, on
which Jim
commented,
with his opinion
shown below them...
|
Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
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BMY* |
21.18 |
Bristol-Myers Squibb Co.
(BMY*)
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FWLT* |
18.90 |
Foster Wheeler (FWLT*)
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JNJ* |
50.66 |
Johnson & Johnson (JNJ*)
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MLM |
79.51 |
Martin Marietta Materials
Inc. (MLM)
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PFE |
14.25 |
Pfizer (PFE)
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Caller:
I want to know if I
am diversified...
Stocks are:
Bristol-Myers Squibb Co.
(BMY*),
Foster Wheeler (FWLT*),
Johnson & Johnson (JNJ*),
Martin Marietta Materials
Inc. (MLM),
and
Pfizer (PFE)?...
Jim:
Uh oh... Uh oh... If
we were playing
poker right now, Ann
would be completely
smoking me. Why?
Because she has BMY,
PFE and JNJ...
That's three of a
kind. This is not
poker. We've got to
make the change. I
want you to keep the
JNJ, because it is
so low... I want you
to sell the PFE. I
want you to sell the
BMY... and I want
you to pick up a
diversified
industrial
company... and
perhaps, because of
where we are right
now in the cycle, I
would like to see...
let's buy a mineral
company... let's buy
an aggressive
mineral company...
Well, you've got
MLM... that's
materials. How about
an oil? Let's get an
oil...
Verdict:
No,
NOT Diversified.
The next caller had
the following
portfolio of
five stocks, on
which Jim
commented,
with his opinion
shown below them...
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Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
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NAT |
26.54 |
Nordic American Tanker (NAT)
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GE |
10.32 |
General Electric (GE)
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NYX |
19.50 |
NYSE Euronext, Inc. (NYX)
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MO* |
16.85 |
Altria (MO*)
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VZ |
30.77 |
Verizon
(VZ)
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Caller:
I want to know if I
am diversified...
Stocks are:
Nordic American Tanker (NAT),
General Electric (GE),
NYSE Euronext, Inc. (NYX),
Altria (MO*)
and
Verizon
(VZ)?...
Jim:
So, we've got a
telco company, we've
got an (stock)
exchange company,
we've got a shipping
company, a tobacco
company and an
industrial company.
That is absolutely
perfect
diversification.
Verdict:
YES,
Diversified.
[verbatim recap]
[end of segment]
Read Jim's next Segment
here
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Read Jim's next Segment
here
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