May 7, 2016 3 Comments
Generally waiting and putting these stocks on watch have gone well. They have mostly increased in price recently.
Novartis (NVS) – did not have a good quarterly earnings release. Still on watch may sell.
Statoil (STO) – still generally on the rise with the recent increase in oil prices
Linked In (LNKD) – up since lows. Will see if it stalls
Wynn (WYNN) – up almost 50% off its lows. Beat q1 earnings.
ConocoPhillips (COP) – up off lows but hurt recently by Canadian shutdown due to wildfires
Coca Cola Femsa (KOF) – generally still on the rise off lows. OK dividend
Devon (DVN) – up significantly off lows. Benefiting from recent rise in oil prices
Royal Dutch Shell (RDS.B) – also up on recent oil price rises. Hit some by closing of Canadian oil sands due to wildfires
Oracle (ORCL) – still doing OK. Will keep on long term watch due to cloud threat
Juniper (JNPR) – missed their 3/31/16 earnings. Will watch on 6/30/16. May be passed up by the cloud environment. Could be an acquisition target
Current inclination… is to sell Juniper and Novartis. Will watch.