Portfolio 6 is six years old. The beneficiary contributed $3000 and the trustee $6000 for a total of $9000. The current value is $11,172 for a gain of $2,172 or a gain of 24%, which is 6.2% / year over the life of the account. To see details go here or to the link on the right.
There are a few stocks on watch right now:
- Baozun (BZUN)- the Chinese ecommerce company is down with the overall Chinese market, about 20% off its high. Has still done well this year overall
- Elbit Systems (ESLT) – the Israeli defense contractor that recently bought the maker of Uzi is down about 20% recently as well.
- Baidu (BIDU) – the Chinese internet company is also down about 20% with the Chinese market recently
Portfolio four is nine years old. The beneficiary contributed $4500 and the trustee $9000 for a total of $13,500. Current value is $18,063 for a gain of $4,563 which is 34%, or 5.8% / year when adjusted for the timing of cash flows. Go here for details or click the link on the right.
There are 3 stocks that we have on watch right now:
- Tesla (TSLA) – the volatile car maker stock led by Elon Musk is in the news almost every day it seems
- ABB (ABB) – the large European conglomerate we bought about a year ago
- Elbit Systems (ESLT) – Israeli defense contractor which recently acquired Uzi from their government
We are likely to sell TSLA and the other two we will likely continue watching.
Portfolio three is 11 years old. The beneficiary contributed $5500 and the trustee $11,000 for a total of $16,500. The current value is $23,170 for a gain of 40% or 5.6% / year adjusted for the timing of cash flows. You can see the data here or at the link on the right.
We have a few stocks that we are considering selling now.
- ABB (ABB) – ABB is a European conglomerate with a new CEO that is well run. Down about 20% from 52 week high but too early to sell (just bought it last year)
- DowDuPont (DWDP) – this chemical company is performing well. We will likely sell it before it splits into 3 stocks in 2019
- Baidu (BIDU) – Baidu is a large internet company in China. It is down about 20% from 52 week high. Will probably keep
- Elbit Systems (ESLT) – Elbit is an Israeli defense contractor. They are doing well operationally but are down about 20% from a recent peak. Probably will hold on to it
- Wal-Mart (WMT) – Wal-Mart is well run but in the fight for its’ life against Amazon. May want to take our winnings and go. Stock recently rallied…
None of these are immediate sells but ones to consider.
Every year at the end of the summer we select stocks. Here are the choices for 2016.
Spirit Airlines (SAVE) – $40 (52 week high / low $53 / $33), $2.8B market cap, no dividend, $0.6B debt. Spirit Airlines is a low cost airline that is challenging the oligopoly domestic carriers.
Gilead Sciences (GILD) – $77 (52 week high / low $113 / $77), $101B market cap, 2.4% dividend, $21B debt. Gilead Sciences is a pharmaceutical company.
General Electric (GE) – $31 (52 week high / low $33 / $23), $281B market cap, 2.9% dividend, $145B debt. General Electric is a conglomerate that has exited financial services.
Unilever ADR UK (UL) – $48 (52 week high / low $38 / $48), $150B market cap, 2.9% dividend, $13B debt. Unilever is a British consumer goods company with a strong global presence. This is the ADR that pays out in British Pounds so that there is no tax withholding.
SAP ADR (SAP) – $89 (52 week high / low $62 / $89), $112B market cap, 1.5% dividend, $8B debt. SAP is a German software company with a strong global presence.
Elbit Systems ADR (ESLT) – $97 (52 week high / low $72 / $103), $4B market cap, 1.6% dividend, $0.4B debt. Elbit Systems is an Israeli defense contractor.