My Investment Perspective
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Saturday, January 21, 2012
GENERAC
I don't know why this stock has done so well. The price has more than doubled since the last time I purchased it. I only have 5 shares of this stock, but still feel some exhilaration and happiness at the progress of this stock.
Thursday, July 7, 2011
Makita
I install cabinets for a living. And Makita beat Dewalt to the punch on the lithium ion battery. They sell a drill set at Home Depot for $216. I use these drills every day. I bought them used from a friend and they have served me well for almost two years. In my opinion they trounce any Dewalt product. I talked about buying this stock several weeks ago when it was near 43. Unfortunately, I didn't have the funds to purchase. I will be watching this stock and look for a good oportunity to purchase. It is now over 47.
Saturday, June 18, 2011
MkTay
Makita is trading under ticker symbol Mktay. Currently trading at 43.77. P/E ratio is mid twenties. I like it. Thinking about dumping my AAPL stock and putting it all in Makita.
Musings about purchases
Walgreens is at $44.67 up $1.52 from my purchase price. Things I have learned in the year since I started purchasing individual stocks. I bought AAPL during this past Christmas and New Year. Apple gets a lot of attention from the media. I bought apple probably at an average price of $340. $348 if you include the fee to purchase. Now it is at $320. AAPL is my biggest loser. I heard some say that the stock is undervalued and should go to $500. Again, lots of attention paid to Apple. I am keeping the stock in hopes that it may resurge. But, it could easily trend south. Is Steve Jobs not coming back? I just read an article in Fortune about the company environment. Wow, no mercy for the weak. Reminds me of my days at AK Steel. I will never buy stock in that company. Another dog I have is Boise Inc. trading under ticker symbol BZ. I purchased based on the numbers only, not knowing much about the company which I think makes paper products. Lesson learned here: Smaller, less well known companies are also dangerous. In another case I purchased Generac, a generator manufacturer. I had an opportunity to use their product and found it powerful for its size (kind of like a Honda generator) and cost effective (less expensive than Honda). And I am able to compare it to a number of other portable generators on the market. Generac trading under symbol GNRC made it through this most recent six week downturn without much of a hiccup. I want to do some investigation on the company that makes the Makita product. Over a year ago I purchased a used drill set from a friend. And I use them both every day. In my opinion, these drills blow away any DeWalt product I owned. They now sell at only $216 at Home Depot. I almost want to buy another set because I know they are a great value. Those are the kinds of companies I want to invest in.
Thursday, June 16, 2011
Monday, June 13, 2011
Good time to buy?
Wondering if this past six weeks of a downturn is an indicator of a good time to buy? Am sure there are some bargains out there waiting to be scooped up.
Sunday, June 12, 2011
I Admit It
I am an amateur at picking stocks. I own eight stocks and seven of them were losers this past Friday. The only winner was Generac a company that builds generators. I purchased that stock because my neighbor purchased one of their portable generators and I was very pleased with its performance. I also jumped on the Apple bandwagon a little late it seems. I purchased Toyota after news of the recalls last year and the company has since had a small resurgence in stock price.
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