INTC
62 posts
Primary 2011 lesson: A conservative company does not equal a safe investment, particularly in uncertain times.
Like a liquid, money will always flow to fill a void. In 2012, there will be a lack of attractive voids where money can flow.
Each is a leader in its respective industry, and all three benefit from durable, long-term macro trends.
Can buying stocks that have performed well and selling stocks that have performed poorly help generate significant returns?
The well-documented missteps at Hewlett Packard provided us with what we feel is an opportunity to buy shares in a company that remains competitive in most of its business lines, generates a lot of free cash flow, and has a sterling balance sheet.
We can’t help but think that the current negative mood greatly exaggerates the deterioration in economic and business fundamentals, but pessimism can become a self-fulfilling prophecy.
Manager: Conrad Leifur Model: S&P 500 Best of Breed The model returned 3.38% in April, roughly 0.5% ahead of the S&P 500. Positions that significantly outperformed their respective sectors and were therefore responsible for the outperformance were Intel (NASDAQ: INTC), Costco (NASDAQ: COST), Merck (NYSE: MRK), Sara Lee (NYSE: SLE), […]