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Final
Segment #1: |
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'Am I
Diversified?' |
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Wednesday,
March 25, 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:
Alright, so we got a
late day rally… Dow
up 90... does that
mean that you should
have all of your
eggs in one basket…
no, come on… it is
not something that I
will stand for…
diversification the
only free lunch in
the game… that is
why we play Am I
Diversified?… we try
to do it every
Wednesday… you call
me, you tell me your
top 5 holdings, I
tell you whether
your portfolio is
diversified enough,
or if you need to
mix it up a
little...
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Jim's
rating on
this stock |
STOCK
SYMBOL |
Closing
price that
day |
Full Company Name |
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VE |
23.58 |
Veolia Environnement SA (VE)
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PICO |
29.99 |
PICO Holdings Inc.
(PICO)
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ORA |
27.15 |
Ormat Technologies Inc. (ORA)
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IDXX |
36.19 |
IDEXX Laboratories Inc.
(IDXX)
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GE |
10.49 |
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Caller:
I want to know if I
am diversified...
Stocks are:
Veolia Environnement SA (VE),
PICO Holdings
Inc. (PICO),
Ormat Technologies Inc. (ORA),
IDEXX Laboratories Inc.
(IDXX),
and
General Electric (GE).
Jim:
I have got to tell
you that is one
interesting
portfolio… there are
a couple of things
going here… because
it is a little more
complex than most
portfolios to really
make a judgment of…
General Electric,
parent company of
this network, I own
it for
ActionAlertsPlus.com, my
charitable trust,
I play for it and I
own it for salary,
so therefore you can
question my judgment
of it, but I will
tell you that it is
a leading industrial
and financial… IDEXX
Labs, I am trying to
describe the best
way to say IDEXX, I
like the stock,
because it has got a
bunch of businesses,
it is a testing
company… Veolia,
this is a water
utility, so it is a
utility… ORMAT is a
geo-thermal play, it
is very good
company, it is
really a technology
company… and Pico is
a land play… so what
we have, let’s call
financial, water,
geo-thermal… see I
am worried that
maybe these are
forms of energy… but
they are really not…
we are going to say
that it is
diversified, and
real estate.. so it
is just diversified
enough… it has got
some very good
dividends… it is not
an easily analyzable
portfolio, but that
does not mean that
it is bad.
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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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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PBR |
34.40 |
Petroleo Brasileiro (PBR)
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PM |
38.58 |
Philip Morris International
(PM)
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IBM |
97.95 |
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NYX |
18.93 |
NYSE Euronext, Inc. (NYX)
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GENZ |
56.80 |
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Caller:
I want to know if I
am diversified...
Stocks are:
Petroleo Brasileiro (PBR),
Philip Morris International
(PM),
IBM (IBM),
NYSE Euronext, Inc. (NYX),
and
Genzyme Corp. (GENZ).
Jim:
Okay, we have got
Genzyme, a bio tech
company, all bio
techs weak because
people are worried
about the healthcare
plan, I think that
it is overdone on
the sell side, and
Genzyme also had a
plant factor
problem, I like
Genzyme very much,
it is a great drug
company… Petrobras,
really terrific oil
company, really
still drilling we
know that they hired
Transocean Inc. (RIG)
drilling for further
out years, because
they have a long
term perspective, it
is really well run…
IBM, down a little
bit, people going to
buy Sun Micro, it
finished down just
slightly, IBM is
really, really
moving a lot of jobs
to India, I hope
that the White House
really notices that,
we are losing a lot
of companies sending
people overseas…
Phillip Morris, you
mentioned, I like
Altria (MO*),
which is a stock
that I own for
ActionAlertsPlus.com, my
charitable trust,
but Phillip Morris
is very well run,
this is the
international
tobacco business…
and here is the
confusing one, New
York Stock Exchange,
now this is going to
get hurt very badly
if they put in the
Uptick Rule, I think
that it is going to
have a lot of
expense, I think the
Uptick Rule that we
have been
campaigning for
endlessly is going
to happen, I don’t
think the New York
Stock Exchange wants
it, I heard a very
luke warm interview
yesterday on
Bloomberg, by
someone at someone
at the New York
Stock Exchange,
really kind of
grousing about it, I
think that they are
on the other side of
what I have been
pushing on the
Uptick Rule, and
their costs could go
up, I would love for
them to come on and
explain themselves
why they don’t seem
to want to bring
back the old Uptick
Rule, I am directly
opposite them on
this… here we have a
stock exchange, we
have a drug company,
an oil company, a
tobacco company, and
a technology
company… that is
terrific… he is
diversified.
Verdict:
YES,
Diversified.
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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T |
26.18 |
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ED |
38.25 |
Consolidated Edison Inc.
(ED)
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NAT |
30.59 |
Nordic American Tanker (NAT)
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WMI |
25.74 |
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HCP |
18.39 |
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Caller:
I want to know if I
am diversified...
Stocks are:
AT&T (T),
Consolidated Edison Inc.
(ED),
Nordic American Tanker (NAT),
Waste Management (WMI),
and
HCP, Inc. (HCP).
Jim:
Well, I have got to
tell you, this is
what I consider to
be one of the best
portfolios… one of
the best portfolios
that has hit me,
why… because it is
dividend heavy and
it has got growth
too… North American
Tankers we heard
Herbjorn Hansson the
other day, he has
got the really best
yield, it has got
the best balance
sheet, if you want
to own a tanker
company it is that
one, not Dry Ships
which trades every
morning
ridiculously… AT&T,
well Randall
Stephenson always
welcome on the show,
fantastic yield, I
think it goes up, I
think they boost the
dividend… Waste
Management, Mr.
Steiner, is there a
better CEO in terms
of the shareholder,
he has got a great
dividend, and the
company is making a
very, very big turn,
he came on the show
and told a very good
story just last
week… Con Ed, this
stock when it was at
$39 I recommended
it, when it got to
$34 I re-recommended
it, it is just on a
tear, the dividend
is safe and probably
boosted… HCP, this
is a little bit of a
problem, because
this is one that is
linked to the
healthcare plan of
Obama, it does not
do that well… we got
healthcare, we got
utility, we got a
waste management
company, we got a
phone company, and
we got a tanker… all
of which have great
yields… I say
hallelujah, that man
knows how to play.
Verdict:
YES,
Diversified.
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[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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