October 29, 2014

Stock Picks–Oct. 30, 2014

Category: Money & Investments — jerry @ 3:45 pm

A couple of unenthusiastic picks this time around.

I’m going to take a small position in Barrett Business Services Inc. (BBSI), which barely makes it onto my screen and looks really boring–but sometimes you can make money with boring.

I decided to also put some what-the-heck money into Winnebago Industries, Inc. (WGO), also because it made the screen. Do people really still buy recreational vehicles? Winnebago is the leading brand of them, as far as I know. Maybe they’ve started making “hybrids” (?), because I thought these things got about 5 miles to the gallon and thus just don’t make sense at all–but the stock has been doing okay the last little while. Is it because We Boomers are prematurely senile and forgot we have a fuel crisis? Hey, I’d personally like to have one, but what with costing so much to buy and with the fact that I’d have to leave it parked in my driveway unless I went back into the work force…I just don’t know who is crazy enough to buy these things. Oh, yeah–me, I guess. Because I just bought a bunch of their stock and I can’t even “drive that around to visit the grandkids”…

[EDIT: I wrote this post a couple of days ago, aware that I would be traveling yesterday and unable to actually consummate my purchases until today. Turns out that BBSI plunged 34% yesterday and I dodged a bullet. I ended up buying it anyway--the PE ration is even better--but only half as much, since a plunge like that is "nervous-making"...]

September 18, 2014

Stock Picks–Sept. 18, 2014

Category: Money & Investments — jerry @ 12:02 pm

Well, after a dearth of picks the last time I looked (August 27th), I found several this time around:

First up, I’ll be taking a half (limited confidence) position in both JMP Group Inc. (JMP), which is in the investment banking industry, and REX American Resources Corporation (REX), which is in the ethanol business, and which I actually purchased once before a couple of years ago, although I don’t recall how I did–I think pretty well.

I’m also going to take a full position in Alaska Air Group, Inc. (ALK), hoping to be able to get cheap airplane tickets to go watch the next Palin family brawl.

August 27, 2014

Stock Picks–Aug. 27, 2014

Category: Money & Investments — jerry @ 11:02 am

I think I’ve only done this once before, but…

Sitting it out for a few weeks.

Nothing showed up on my screen that I want to buy.

I’m just going to hold on to what I’ve got.

Call it My August Vacation, I guess.

Good luck!

August 6, 2014

Stock Pick–Aug. 6, 2014

Category: Money & Investments — jerry @ 11:29 am

Ouch! Taking a hit lately, but I keep on plugging.

Today I have two selections: Appliance Recycling Centers of America Inc. (ARCI), which apparently recycles appliances. A noble pursuit.

And BBVA Banco Franc (BFR), which provides financial services in Argentina–to the extent that Argentina HAS “financial services”. They defaulted a week ago and their market tumbled some 8%–making this a fairly risky pick, as so many of mine are.

The market is a little nervous-making these days, so…Good Luck!!

July 17, 2014

Stock Pick–July 17, 2014

Category: Money & Investments — jerry @ 1:36 pm

I’m going to jump back into AmTrust Financial Services, Inc. (AFSI), which I bought in July, 2010, and sold a couple of years later, pretty much doubling my money. It has kept running up (me missing most of it) and now is back on my screen, so I guess I’ll try, try again.

Good luck!

June 25, 2014

Stock Picks–June 4, 2014

Category: Money & Investments — jerry @ 12:24 pm

Just one pick this time around: Modine Manufacturing Company (MOD).

They manufacture “heat exchangers” for vehicles.

Cool…

Anyway, they have a really low P/E ratio–which I always like, although that can also be a sign of something…wrong.

So, good luck!

And Happy Investing!

June 4, 2014

Stock Picks–June 4, 2014

Category: Money & Investments — jerry @ 12:45 pm

Three picks today–I’ll be taking positions in each one. First up is Omega Protein Corporation (OME), which makes–you guessed it–food supplements featuring Omega-3 fish oil. Good for your heart AND (hopefully) for your portfolio.

My second pick is Moneygram International Inc. (MGI), which is in the money laundering transfer business. They’ve been around since 1926 (old school) but are apparently dabbling a bit in “Bitcoin”. I would generally run away screaming from anything “Bitcoin”, but I don’t think the company actually speculates in those silly things themselves, but might make their transfer possible. Don’t know. (Today’s primary investment tip: “Run away screaming from anything ‘Bitcoin’!”)

And lastly, I’ll be taking a position in Warren Resources Inc. (WRES), as I think I’m a little light in the oil industry and this one looks interesting. (Today’s secondary investment tip: “Don’t confuse fish oil with petroleum oil!”)

May 14, 2014

Stock Picks–May 14, 2014

Category: Money & Investments — jerry @ 12:38 pm

I’m revisiting an old Chinese stock I purchased back in 2008 and quadrupled my money in. For want of finding anything better, I’m going to get back in on China Automotive Systems Inc. (CAAS).

This despite having recently lost my shirt on another Chinese stock recommended here about a year ago which recently had its trading suspended: Lihua International, Inc. (LIWA). According to a recent story about that stock, the company “…made false and/or misleading statements and/or failed to disclose that: (i) the Company underwent a significant downturn in its business beginning in late 2012; (ii) the production activities of Lihua decreased in 2013 and nearly stopped after January 31, 2014; (iii) the Company’s warehouse was seized by a court in the People’s Republic of China; and (iv) one of the defendants is being investigated by Chinese police for larceny after attempting to move inventory.” Ouch!

Better luck this time.

April 23, 2014

Stock Picks–April 23, 2014

Category: Money & Investments — jerry @ 12:00 pm

Two picks today, only one of them evil.

First up, is American Equity Investment Life Holding Co. (AEL), which I actually recommended here once in 2007 and which, as I recall, I subsequently lost money on. Better luck this time.

The evil one–especially since I already own a competitor, recommended here back last Halloween–is good old Smith and Wesson (SWHC). I guess I’m figuring that yeah, I’m a good old liberal anti-gun person, but–a buck’s a buck.

Good luck, and let’s hope that if we lose money on one of these it’s Smith and Wesson…

March 26, 2014

Stock Picks–March 26, 2014

Category: Money & Investments — jerry @ 12:04 pm

I’m loading up today on Federal Signal Corp. (FSS), which has its fingers into a number of pies–but they won me over with the manufacturing of street-sweeping equipment. I’m pretty low in that niche.

I had a little trouble finding anything of interest this time around, but this one has a nice low P/E ratio and showed up on my screen.

Good luck!