Sell Rayonier (RYN)
I’m selling Rayonier (RYN) out of the Jubak Dividend Income Portfolio today. Nothing wrong with the stock—when the real estate market does finally turn, this timber and real estate REIT will do quite well. But that’s part of the problem. The stock has held up so well...Sell Marvell Technology Group (MRVL)
I’m going to use today’s bounce to sell Marvell Technology Group (MRVL). I don’t know how long this bounce will run—it could go to 1220 or so on the Standard & Poor’s 500 or be truncated by investors selling into strength—but I would like to lighten up on...Sell Statoil (STO)
I’m selling Statoil (STO) on today’s bounce because the euro debt crisis has changed the medium-term fundamentals for this Norwegian oil company. As I wrote in my 12:30 May 21 post...Sell Yara International (YARIY.PK)
I love fertilizer stocks as a long term play on rising global demand for food and Yara International (YARIY), the world’s largest publicly traded fertilizer company, is one of my favorites in the sector. But that’s the long term picture. In the short term Yara...Sell Market Vectors Gold Miners ETF (GDX)
I don’t want to get greedy here. Gold is near its all time high of $1227.50 an ounce set on December 3, 2009. You don’t have to look far to find the reasons: the euro debt crisis and inflation fears in China come to mind. I think gold could run higher from here. The...Sell Taiwan Semiconductor Manufacturing (TSM)
On April 27 I decided to hold onto shares of Taiwan Semiconductor Manufacturing (TSM) for a little longer. I thought the risk was relatively small and the upside to my target of 17% provided enough reward. Well, the world looks significantly different two weeks later....Sell Potash of Saskatchewan (POT)
So was that good news or bad news that Potash of Saskatchewan (POT) announced this morning, April 28? For the first quarter of 2010 the company reported earnings of $1.47 a share and revenue of $1.71 billion. Both numbers beat Wall Street projections of $1.32 per...Sell Union Pacific (UNP)
I’m going to be more aggressive than usual going into Union Pacific’s (UNP) earnings report tomorrow, April 22, before the open. The market seems to be reacting to this quarter’s earnings reports by selling the stock on good news—unless earnings really bust through...Sell Qualcomm (QCOM)
You’ll pardon me, I hope, if I’m nervous heading into Qualcomm’s (QCOM) earnings announcement for the second quarter of fiscal 2010 on Wednesday, April 21. Last quarter Qualcomm shares dropped 14.3%–or $6.72 a share–on January 28, the day after the company...Sell Market Vectors Brazil Small-Cap (BRF)
With Brazil’s central bank likely to start raising interest rates at its April 27 meeting, I’m going to cut my short-term exposure to my favorite developing market–for the long term–by selling Market Vectors Brazil Small-Cap ETF BRF). I’m got an 8.3% gain...Sell Sysco (SYY)
I’m selling Sysco (SYY) out of my Dividend Income Portfolio with this post. The stock made a new 52-week high yesterday, April 6. That brings the dividend yield down to 3.38%. That was attractive when the economy recovery still seemed iffy and I was willing to trade...Sell PepsiCo (PEP)
Shares of PepsiCo (PEP) are inching toward my June target of $68 so slowly that I think it’s time to sell and look for someplace to redeploy the money. With sales of sugared soft drinks stagnant in North America and with PepsiCo announcing that’s it’s going to...Sell GulfMark (GLF)
I’m going to take my own advice (see my post https://jubakpicks.com/2010/03/09/stocks-show-signs-today-of-having-more-fuel-in-the-tank/ ) and use this rally to sell GulfMark. I think fundamentals in the oil industry have turned, if not against, at least away from this...Sell Ritchie Bros. Auctioneers (RBA)
Before the stock market opened yesterday morning (March 4) Ritchie Bros. Auctioneers (RBA) reported earnings per share of 20 cents and revenue of $97.1 million. The earnings number matched Wall Street projections but revenue 1% above expectations of $95.8 million....Sell Suburban Propane (SPH)
I’ve got to sell something out of the Dividend Income portfolio today to make room for my buy of Telkom Indonesia. After Suburban Propane (SPH) announced a 34 cent a share earnings miss on February 4 the choice is pretty easy. Revenues, which fell 17% from the...Sell Burlington Northern Santa Fe (BNI)
This one is very simple: Warren Buffett’s Berkshire Hathaway (BRK.A) is buying the Burlington Northern Santa Fe (BNI) railroad for $100 a share. So I’m selling it out of my long-term Jubak Picks 50 portfolio because in the long-term this stock isn’t going...Sell Accor (ACRFF.PK)
In a very controversial vote Accor’s (ACRFF.PK) board of directors voted on December 15 to split the company into two businesses. Accor Hospitality would focus on the company’s hotels and Accor Services would focus on voucher and pre-paid services. Activist...Sell Q Cells (QCLSF.PK)
Solar has become an impossible business—even if you are the largest independent producer of solar cells in the world—if you can’t get costs under control. Q Cells (QCLSF.PK) is the midst of layoffs, write downs, and asset sales that are intended to fix what is now an...Sell Tejon Ranch (TRC)
This isn’t so much a negative judgment on Tejon Ranch (TRC) as it is on the state where all its real estate is located: California. The state’s politics are completely dysfunctional. Its tax system is broken. It’s vaunted quality of life—that once included such...Sell ING (ING)
When the reason you bought a stock no longer applies, you sell. I bought ING (ING) on this relatively straightforward story: The Dutch banking and insurance giant was redeploying assets from its mature markets in Europe into growth markets in the developing economies...Sell Corning (GLW)
Here’s the dilemma that Corning (GLW) presents to investors right now. It’s one that we’ll face a lot in 2010 with all kinds of stocks. The Wall Street consensus says that Corning will announce earnings of 42 cents a share when it reports fourth quarter 2009 earnings...Sell Enbridge Energy Partners (EEP)
I’m going to continue to diversify my Dividend Income Portfolio by selling Enbridge Energy Partners (EEP.) It’s one of three pipeline master limited partnerships in the portfolio. The sale of this position plus the sale of Natural Resource Partners (NRP) earlier...Sell Natural Resource Partners (NRP)
I’m going to move to reduce the exposure of my Dividend Income Portfolio (https://jubakpicks.com/jubak-dividend-income-portfolio/ ) to the natural resources sector by selling coal-mining master limited partnership Natural Resource Partners (NRP) out of the portfolio....Sell Deere (DE)
Sometimes the words are worse than the numbers. And that’s the case with Deere’s (DE) November 25 guidance for fiscal 2010, which began on November 1, 2009. The company said fiscal 2010 earnings would come in at $2.12 a share on a 1% decline in sales. First quarter...Sell Lynas (LYSCY.PK)
Lynas (LYSCY.PK) isn’t set to produce revenues from its rare earth mine at Mount Weld in Western Australia and from its Advanced Materials Plant in Malaysia until the fiscal year that ends in June 2011. And even then the Wall Street consensus calls for revenue of just...Sell W.R. Berkley (WRB)
It’s like some insurance industry version of “Night of the Living Dead.” Zombies keep eating insurance premium increases. In this case it’s not hordes of zombies that are the menace, but one great big one, American International Group (AIG). The crippled insurer,...Sell Kinross Gold (KGC)
A rising tide lifts all ships, true. But not all to the same extent. The huge rally in gold to new historic highs day after day has largely left Kinross Gold (KGC) behind. True, the stock is up 9% as of the close on November 11 from its recent low at $18. But in that...Sell Oneok Partners (OKS)
Sell Oneok Partners (OKS) Master limited partnership units of Oneok Partners (OKS) have run through my target price of $54 a share by March 2010 and just kept on going. I still like this natural gas pipeline play for its yield of 7.5% (as of November 9, 2009) so I’m...Sell W.R. Berkley Capital 6.75% Preferred (WRB-PA)
I’m going to sell these preferred shares out of Jubak’s Picks as of October 7. They’ve given me what I wanted—a good return and safety– while the market and economy were at their shakiest. But the reward for staying on board going forward is limited to the...Jim’s Daily Email Alerts:
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