Selling Booking Holdings out of my Jubak Picks Portfolio
As I noted in my “Bear Growls Louder for Consumer Stocks” post, consumer spending on services is looking weaker by the day and consumers seem to be trimming plans for summer travel. Bookings are slowing at airlines and hotels, for example. And it looks...
Selling Intuitive Surgical out of Jubak Picks as it holds above target price
A couple of posts ago, I said that I’d be looking to sell Intuitive Surgical (ISRG) out of my Jubak Picks Portfolio. The stock, added to this portfolio on February 15, 2021, had hit and then moved beyond my $860 a share target price after a stronger than...
Selling Marvell Technology Group out of Jubak’s Picks tomorrow with 20% gain
Today, March 15, shares of Marvell Technology Group (MRVL) closed at $48.08, slightly above my target price of $48 a share. In this very volatile market for technology stocks, I’m going to take my almost 20% profit (19.90% to be exact) and sell these shares out...
Selling ONEOK out of my Dividend Portfolio ahead of earnings and after ex-dividend date
The greatest danger of any dividend position right now is from a cut to the dividend payout. That kind of cut would send even an already crushed stock lower. I think that’s the possibility facing shares of ONEOK (OKE) when it reports earnings on April 28. The...
Selling my infrastructure play Vulcan Materials out of Jubak Picks into today’s rally
Last week House Speaker Nancy Pelosi threw in the towel on any near-term chance for a big infrastructure spending package. The horrific jobs numbers had convinced her, she said, that sending more aid to unemployed workers and small businesses took a higher priority....
Selling Middleby out of my long-term 50 Stocks Portfolio today
I love this stock. It’s been in the long-term 50 Stocks Portfolio since May 3, 2013. And someday I think the company’s strategy of buying smaller commercial and domestic kitchen equipment companies and then super-charging their sales by giving them access...
Selling GM out of the Jubak Picks Portfolio today
Automakers are scheduled to report first quarter sales numbers tomorrow with Ford Motor (F), Fiat Chrysler, and General Motors (GM) all expected to snow big declines. And the next quarter looks even worse. “There are basically no U.S. auto sales right now,” Adam...
Will Grupo Aeroportuario del Pacifico cut its dividend at April 28 meeting? Selling out of the Dividend Portfolio
Grupo Aeroportuario del Pacífico (PAC) has postponed its annual meeting until April 28. The company’s stock buyback plan and dividend payouts on the agenda. It’s hard to imagine that the company hasn’t at least considered cutting its buyback and...
Selling ServiceMaster out of my 50 Stocks Portfolio
I wish I hadn’t bought ServiceMaster Global Holdings (SERV) in my long-term 50 Stocks Portfolio back on December 17. But I did. It was a bargain then. It’s not now. And now I think it’s time to cut my losses after some relatively minor gains on March...
Selling First Quantum Minerals today in bear market rally
I still like my long-term thesis for copper miner First Quantum Minerals (FQVLF)–that copper prices will rise with a pick up in global economic growth and that when growth resumes the world will be looking at a shortage of copper. First Quantum has a lot of new...
Selling HDFC Bank out of 50 Stocks Portfolio as India declares coronavirus lockdown
In normal markets I don’t sell stocks out of my long-term 50 Stocks Portfolio on changes in market direction. This is definitely a buy-and-hold-ish portfolio. But these aren’t normal times either for financial markets or economies and today, March 24,...Selling SolarEdge Technologies out of Picks portfolio on odds of continued market drop
As I was prowling through the wreckage of momentum stocks in the last few days for my post on Tuesday, “They shoot momentum stocks, don’t they” I noticed one very lonely spot of green. While stocks such as Nvidia (NVDA) and Twilio (TWLO) were down...
Selling Synaptics out of my Jubak Picks portfolio tomorrow
When Synaptics (SYNA) traded at $40 I though the shares were undervalued. At $60 I think they’re close to full value. My target price on the stock is $64 and the shares closed at $58.51 today, up 2.94% on the day. Tomorrow I’m going to take advantage of...
Selling AT&T out of Dividend Portfolio on debt load, business trends
If it was just one of these things OR the other, I wouldn’t be selling AT&T out of my Dividend Portfolio. But it’s not OR. As the company’s adds note it’s &. The company finished 2018 with $166.3 billion in long term debt. And $10.3...
Tomorrow I’m selling McDonald’s out of my Dividend Portfolio
In my post of June 28 “My baseline stock market scenario for the next 30 days” I pointed to an earnings/post earnings report pattern that I thought posed significant danger to stocks. Analysts, I noted, were projecting knock out earnings growth for the...
One of my core beliefs after running the Jubak Picks portfolio for more than 20 years now is that when the reason I picked a stock to buy evaporates, then it’s time to sell. So today (June 21) I’m selling Starbucks (SBUX) out of my Jubak Picks portfolio....
Selling MGM Resorts on escalating China trade war fears
I still believe in all the catalysts that I touted for MGM Resorts International (MGM) for late this year–yes, the company’s new Macao casino will give the company more exposure to that market, yes, a wave of states legalizing sports gambling plays to...
Selling eBay out of my long-term 50 Stocks Portfolio
When eBay (EBAy) and PayPal (PYPL) split up in July 2015 (with eBay shareholders getting one share of eBay and one share of PayPal) I told myself (and readers) that I wanted to keep PayPal in my long term 50 Stocks Portfolio but would one day sell eBay out of that...
Qualcomm’s earnings show cash flow under siege; selling out of Dividend Portfolio
The earnings Qualcomm (QCOM) reported yesterday, July 19, were okay. Earnings of 83 cents a share for the June quarter, in fact, beat the Wall Street consensus by two cents a share. Revenue of $5.37 billion was ahead of analyst projections of $5.25 billion, but still...
Sell Softbank: Not the Asia Internet startup exposure I wanted from this stock
Tomorrow April 6 I’m going to sell Softbank Group (SFTBY) out of my Jubak Picks portfolio. The shares are up 21.19% since I added them to this portfolio back on February 20, 2015. I originally bought these shares because I liked Softbank’s portfolio of...
Sell Vulcan Materials–I don’t see an infrastructure package this year
With the Senate about to go nuclear as Republicans change the Senate rules so they can avoid a Democratic filibuster and send Neil Gorsuch to the Supreme Court, any small chance that Democrats would work with Republicans to pass some version of President Trump’s...Jim’s Daily Email Alerts:
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