Sell Bristol-Myers Squibb before Thursday’s earnings report
I’m selling Bristol-Myers Squibb (BMY) out of my Jubak Picks portfolio ahead of Thursday’s report of first quarter earnings. I’m afraid that earnings will confirm what monthly sales reports from Bristol-Myers and competitors have outlined: That the...
Sell Softbank: Not the Asia Internet startup exposure I wanted from this stock
Tomorrow April 6 I’m going to sell Softbank Group (SFTBY) out of my Jubak Picks portfolio. The shares are up 21.19% since I added them to this portfolio back on February 20, 2015. I originally bought these shares because I liked Softbank’s portfolio of...
Sell Vulcan Materials–I don’t see an infrastructure package this year
With the Senate about to go nuclear as Republicans change the Senate rules so they can avoid a Democratic filibuster and send Neil Gorsuch to the Supreme Court, any small chance that Democrats would work with Republicans to pass some version of President Trump’s...
Selling ExxonMobil out of my long-term 50 Stocks portfolio; keeping it in my Dividend portfolio
ExxonMobil (XOM) is a hard company to characterize: it does some things so well that it has no peer and it does some things poorly enough to put the company in the middle of the oil company pack. On the very big plus side, nobody does the integration of refineries and...
Sell CMI: After a 55% gain in 2016 Cummins no longer yields enough to stay in my Dividend portfolio
After a 55.3% gain in 2016, shares of Cummins (CMI) no longer pay enough to remain in my Dividend portfolio. The huge appreciation of 2016 means the stock now yields just 2.98% and in this portfolio I look for yields of 4% or more. (With 5% as the ideal–but hey...
Sell COP: ConocoPhillips now yields just 2.01% and that’s not enough for my Dividend portfolio
It’s not that shares of ConocoPhillips (COP) had such a stellar 2016–the gain for the year was just 7.4%. But the company, faced with low oil prices, cut the dividend on its stock by 66% in 2016 in order to conserve cash. That has pushed the dividend yield...
Sell INTC: At a yield of 2.98% Intel doesn’t earn a place in my Dividend portfolio
It’s not that shares of Intel (INTC) had such a stellar 2016–the gain for the year was just 5.3%. But the company continues to struggle with declining demand in its core PC market and faces strong resistance from competitors to its efforts to break into...
Selling Syngenta out of Jubak Picks on December 12
The offer on the table from ChemChina to purchase Syngenta (SYT) works out to a price of about $94 a share. So why is Syngenta selling today at $80.06 a share? Because the risk that this deal won’t get completed continues to climb. At the Chinese end because...
Selling Allergan out of my 12-18 month Jubak Picks portfolio; will be adding it to long-term 50 Stocks portfolio
I still like Allergan’s (AGN) portfolio of anti-aging drugs, especially it’s Botox franchise. But I’m not especially fond of the company’s current strategy of acquisitions in the very hot market for NASH drugs. Yes, someone will win a key...
Financial markets decide the S&P earnings recession is over–time to sell my S&P short ETF
It looks like the third quarter saw the end of the long earning recession for Standard & Poor’s 500 companies. That recession had seen earnings for the S&P 500 companies drop for five straight quarters. With more than 90% of the S&P 500 companies...
Selling my Treasury ETF because my scenario on global central bank policy was wrong
When I bought shares of the iShares 7-10 Year Treasury Bond ETF (IEF) back on June 28, 2016, it was in the belief that the Federal Reserve would raise interest rates (as early as September or as late as December) while other central banks remained committed to their...
Abbott Labs acquisition candidate St. Jude has a battery problem
Back on September 20 I questioned whether management at Abbott Laboratories had the skills to execute a growth through acquisitions strategy. At the time the company was–and it still is–involved in a dispute with Allere (ALR) over whether that company had...
Abbott looks to acquire its way out of a growth slump
Where do you find growth in a low-growth economy? If Wall Street projections are correct, the about-to-close third quarter of 2016 will show a 2% year-over-year drop in earnings for the Standard & Poor’s 500 companies–the sixth consecutive quarterly...
Time for me to stop fighting the Fed and its delays on raising interest rates, and sell Capital One
There’s really nothing wrong with the shares of Capital One Financial (COF) that a stronger U.S. economy, a more confident U.S.consumer, and an interest rate increase–or two–from the Federal Reserve wouldn’t fix. It’s just that I...Sell Newmont Mining (NEM)
I’m going to sell Newmont Mining (NEM) out of Jubak’s Picks today. Two reasons. First, gold is looking kind of toppy with traders edging toward an exit just in case the violence in Libya shows any sign of resolution. The noon price for gold of $1414 an ounce is only...Sell SunTech Power (STP)
Doing some catch up on this stock. I dropped Suntech Power Holdings (STP) from the Jubak Picks 50 long-term portfolio https://jubakpicks.com/jubak-picks-50/ on January 18, but this first opportunity I’ve had the time to explain why in detail or to actually remove it...Sell Embraer (ERJ)
Doing some catch up on this stock. I dropped Embraer (ERJ) from the Jubak Picks 50 long-term portfolio (see my post https://jubakpicks.com/2011/01/18/6215/ ) on January 18, but this is the first time I’ve had an opportunity to explain why in detail or to actually...Sell Ctrip.com International (CTRP)
Doing some catch up on this stock. I dropped it from the Jubak Picks 50 long-term portfolio on January 18, but this first time I’ve had the time to explain why in detail or to actually remove it from the portfolio. I’m working on explaining the other sells...Sell Branco Bradesco (BBD)
This is a very tough call. If I owned more than one Brazilian bank stock, I might not sell Banco Bradesco (BBD) out of Jubak’s Picks today—but I don’t. If I had less exposure to Brazilian stocks in my Jubak’s Picks portfolio, I might not sell Banco Bradesco—but I own...Sell Intel (INTC)
Intel (INTC) will probably report a very good fourth quarter of 2010 on Thursday, January 13, after the market closes. The Wall Street consensus is looking for 50 cents a share. That would be up 22% from the fourth quarter of 2009. I think Intel is likely to make that...Sell Transocean (RIG)
Sometimes it doesn’t pay to be the biggest. If you’re the biggest company in the market and control capacity in your industry, that’s a license to print money when supply for your product is tight. When supply runs ahead of demand, however, the pressure is on to...Sell Middleby (MIDD)
I’ve owned Middleby (MIDD) in my Jubak’s Picks portfolio since May 20, 2008 and I think it’s now time to take some profits. Nothing unusual about these shares. And that’s exactly the point. At this stage of the rally I’d like to keep close watch on valuations and sell...Sell Whirlpool (WHR)
How long are you willing to wait for a turnaround? No doubt about it, shares of Whirlpool (WHR) are cheap at 7.9 times trailing 12-month earnings per share. But the company’s October 27 earnings report for the third quarter was depressing. Including all items, the...Sell Ormat Technologies (ORA)
It’s increasingly hard to figure out how much risk there is in owning shares of Ormat Technologies (ORA). There’s no doubt in my mind that the company is the best global pure play on the expansion of power production from geothermal sources. But how much potential...Sell American Electric Power (AEP)
There’s certainly something very attractive about a utility stock that pays a 4.6% dividend yield when the 10-year U.S. Treasury is paying just 2.8%. But investors in American Electric Power (AEP) need to realize that if the U.S. economy is speeding up rather than...Sell McDonald's (MCD)
McDonald’s (MCD) has put together an extraordinary 2010—so far. But I’m not as excited about the second half of the year, especially not at current share prices. On Monday August 9 McDonald’s announced that global comparable store sales climbed 7% in July from July...Sell Impala Platinum (IMPUY.PK)
I’m going to use the current bounce, World-Cup-rally, summer rally, whatever to sell my position in Impala Platinum (IMPUY.PK). The South African stock looks like it’s in a steady downtrend despite its 13.8% gain off the June 4 low. Platinum was bid up heavily by...Sell Microsoft (MSFT)
I’m going to take advantage of the half-hearted bounce this week to sell Microsoft (MSFT) out of Jubak’s Picks. (For more on this bounce, see my post https://jubakpicks.com/2010/06/10/return-of-son-of-bounce/ ) The stock has not performed well on up days for the...Sell du Pont (DD)
I’m selling E.I. du Pont (DD) out of the Jubak Dividend Income Portfolio today, May 28, for the same reason that I just sold Rayonier (RYN). The stock has held up so well that the 4.5% yield doesn’t compare favorably to the higher yields offered by stocks that have...Jim’s Daily Email Alerts:
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