Throughout 2010 I have made various calls on different stocks, separate from The College Investor Portfolio. I think it is important to look back and assess the performance since I made these calls. Here is a breakdown of the trades, and you can decide for yourself if The College Investor is on point or off base.
First, on 7/15/10, I said Monsanto was a buy. At that point, it had already run up about 9%, but I knew that it would go higher. On 7/15/10, it closed at $56.03. As of 12/21/10, it was at $66.30, which would have yielded an investor a 21.54% gain! The S&P500, meanwhile, would have delivered the same investor only 14.56%. I would call this a win!
Next, on 9/22/10, I called out two container shipping stocks as a potential buy. The stocks were Seaspan and Global Ship Lease. First, Seaspan was trading at $12.04 on 9/22/10, and as of 12/21/10, it closed at $12.69. This is a gain of 5.4%. The stock did reach a high of $14.55 during the period, which would have yielded a much nicer return. Next, Global Ship Lease started the period at $2.72, and ended the period at $4.90, which is an impressive 80.15% return! The S&P500, meanwhile, during the same period delivered a 10.07% return. Even though Seaspan lagged a bit, I would call myself on base for selecting container shipping!
On 10/2/10, I highlighted some concerns I had with Integrys Energy Group, and especially their ability to keep paying their sizable dividend. On 10/2/10, Integrys was trading at $52.32, and on 12/21/10, it was trading at $49.16, which is a 6.04% loss. This is inline with my expectations for the stock, and the company also posted less than expected earnings. I think this stock should still be going down a bit. Another solid call by The College Investor!
On 10/5/10, I called Massey Energy Group a buy since it had cleared some major legal hurdles. On 10/5/10, it was trading at $31.09. As of closing on 12/21/10, it was trading at $52.45, which would have returned an investor 68.70%!!! This stock is about fairly valued now, so if you are in it, you may want to look at exiting your position. I would call this stock play a major win!
On 10/11/10, I first noticed Constellation Energy Group. It was screening that it may be a value play, and so I called it a potential buy. On 10/11/10, the stock was trading at $32.15, and on 12/21/10, it closed at $29.62. The College Investor missed this entrance and called the stock a bit too early. This call on 10/11/10 would have resulted in a 7.87% loss. However, The College Investor actually added Constellation Energy Group to the Portfolio earlier this month. That trade has since been profitable, and I would still consider Constellation Energy Group a value play.
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– The College Investor