I have a number of companies in my portfolio that I would not buy today, but I’m having a lot of trouble with the idea of selling them. I know some of these are pretty risky just based on the PE as reported by Yahoo (I’m still getting organized - I’ve not gone back and got the numbers from all the quarterly reports yet). A couple others have reasonable PEs, but supposedly have little room to grow due to current size, but somehow, they still do. All of them were purchased due to TMF recommendation. I’ve said it before, although I’ve been re-examining the buy-hold strategy advocated by TMF, and I’ve already sold off some that didn’t perform so well (can you say Westport? How about Amazon? . . .), but, I’ve actually done quite well with TMF recommendations. I still subscribe to some of their services, and I still don’t buy most of the recommendations.
So, why am I writing about it? Well, I guess I’m seeking input from the smart folks who read this board - BTW, if you read this board, I consider you one of the smart folks . . .
It’s pretty easy to say sell that one, I tell myself that almost every day, it’s buying something better that gives me pause. I’m already long most of stock that gets pretty much positive coverage on this board, but maybe I should up my holdings in some. I have my investments divided into four portfolios, I know percentages for each portfolio, but I don’t know overall what percentage is invested - gathering everything under one umbrella is my next project.
Anyway, here’s a list. For most of them the date is when I made my first investment.
First the big ones that keep growing:
AAPL Feb 2013 +82% PE: 17
DIS Apr 2012 +154% PE: 24
PCLN May 2012 +89% PE: 26
Kind of risky:
MNST Nov 2012 +228% PE: 50
AMBA Jan 2014 +139% PE: 48
HAIN Apr 2012 +149% PE: 49
CMG Feb 2014 +24% PE: 48 (OK - I should probably get out of this one)
Then, there’s the crazy ones:
NFLX Feb 2014 +25% PE 132 (I was going to sell, it popped so now ?)
SWIR Sep 2013 +165% no earnings
ZLTQ Aug 2014 +54% PE: 841 (waiting for LT cap gain tax)
And while I’ve got your attention, what do you think of KMX? I bought it Dec 2013, +46% PE: 26. Small percentage of my holdings, but seriously considering putting more $ here.
Any and all comments will be very much appreciated. Thanks