A couple of picks today: First up is OFG Bancorp (OFG), a banking/finance company in Puerto Rico. I wonder if I can deduct cruises to Puerto Rico now to, you know, “watch over” my investments.
My other pick is Cirrus Logic Inc. (CRUS), the semiconductor folks who reside somewhere in my computer and yours. They are a pretty big company, which makes it an unusual pick for me, but showed up on my screen.
…includes two of this blog’s recent picks in its Top Ten.
To wit, Ebix Inc. (EBIX), their #4, selected here on Dec. 24, 2008, and Potash Corp. of Saskatchewan (POT), their #10–that latter of which, now that I review, was only mentioned in a post on June 3 of this year as having been a stock I had bought earlier this year during a hiatus of not recommending stock picks here while I curled up in a fetal position whimpering and waiting to regain my confidence.
Also of note on their list are AZZ, Inc. (AZZ) at #21, bought May 14th (but dang it–again, one of those I just “mentioned in passing” in the June 3 post) and M&F Worldwide (MFW) at #28, which I FORGOT to mention in that June 3 post that I had bought April 1 (no, REALLY!), and…ah, never mind.
As we close out what was a pretty darned good year for us in the market, I’ve got a couple of unenthusiastic picks to begin the new one.
First up, I’m taking a small position in Shiloh Industries Inc. (SHLO), and, per usual, I don’t exactly understand what they do–but I think it has something to do with making your car run quieter and not tip over.
I’m also going to yawn and take a small position in Rock-Tenn Company (RKT), which I thought I owned once before but apparently I’m mistaken. I might be confusing them with some other “packaging materials” company that I owned before.
I’m hoping 2014 will be another good year for us, since we will hopefully be getting rid of some of this wacky Congress that has hurt the economy so much the last several years.
A couple of unenthiastic picks this time. I’m selling off half of my Telecom Argentina S.A. (TEO), picked here a year ago, because it has doubled since then. I’ll hold the rest of it for another year most likely, but I like to lock in some of my gain after a doubling. I’ll be putting equal shares into Pike Corporation (PIKE), which does something in the “…energy solutions for investor-owned, municipal, and co-operative electric utilities in the United States…” area, and into Outerwall Inc. (OUTR), which owns and operates those Redbox kiosks (and those change-counting machines you see in grocery stores).
This last one I’m particularly nervous about, since they’re in competition with Netflix, which seems to be on its way to conquering the world. On the other hand, Blockbuster has given up the ghost recently, so maybe it’s Redbox’s time. We’ll see…
A scary pick today–in that, I don’t have a lot of confidence in it but it was the only thing showing up in my screen this time.
This time I’m putting it all on Ducommun Inc. (DCO), which provides engineering and manufacturing products and services primarily to the aerospace and defense industry. I generally do pretty well in that industry for some reason. I morally hate funding the military/industrial complex, but since the last time I expressed concern with the values behind my investing in Sturm, Ruger & Co. Inc. (RGR)–a gun manufacturer–back in April, I’ve made 35% on that Evil Investment, so…