Following up yesterday’s article on where I think the market is headed. Here are my current positions, followed by positions changed as of late.
– YHOO (@18.94/share on 11/28/2012) – Jumped on the Marissa Meyer bandwagon early – Price as of Friday 11/15 – $35.47
– HTGC (@10.58/share on 11/28/2012) – which has an +8% dividend yield – Price as of Friday 11/15 – $16.85
– TCPC (@14.95/share on 11/28/2012) – which has an +8% dividend yield – Price as of Friday 11/15 – $17.30
– DDD (@48.45/share on 8/23/2013) – Price as of Friday 11/15 – $80.17 – more on this one late
– JCI (@37.30/share on 5/17/2013) – Price as of Friday 11/15 – $49.45
– V (@182.00/share on 5/17/2013) – Price as of Friday 11/15 – $202.00
– GDXJ (@33.75/share on 6/27/2013) – Price as of Friday 11/15 – $35.98
– DTYS (@31.30/share on 5/17/2013) – Price as of Friday 11/15 – $29.41
Moves over the last few months
– Sold YUM on 10/10 for a 9% loss, and since then it is back up to my original purchase price of $74
– Sold LUV for a loss on 9/17, but up 28% since then (DOH!, but put that to work in DDD, which as been far more lucrative)
– Sold FB at $25 in June, now it’s at $50. Good news is I took the proceeds from that sale and put it in FB options, which I made 10x my money on. So this sounds like a poor sale, but if you’re bullish short-term, not long-term, buy options
– Sold ADT at $41.47, slight loss in June, and has hovered around $43 as of late
Biggest Industry I’m Bullish on 3D Printers. Here’s why:
Wall Street doesn’t fully understand this industry. And when they don’t understand and see the opportunity, that’s a huge opportunity for you as an investor. I think the message on Wall Street was “3D printers will never be able to replace manufacturers.” This is a true statement for the foreseeable future. But the opportunities that the industry is capitalizing on aren’t the mass production industries. They are things like organ regeneration using stem cells or easily replacing household items (focusing on having a 3D printer in every home, as evidenced by Windows 8.1 3D Builder). I think this is a long-term buy, with DDD, SSYS, and there are few health care focused companies as well. Health care is a focus of DDD, but not their only focus.