New feature, and what to buy now (ISRG, IMAX)?
After yesterday's great performance, I was inspired to add to the site my full portfolio (not including the boring 'ol mutual funds that are ripening in several retirement accounts). The post below this lists all the individual stocks I own (and a couple ETFs/CEFs), along with my average cost and, in most cases, the date of my most recent purchase. I'll update it every now and again.
This week has been pretty interesting -- especially yesterday. It's very unusual for me, with a portfolio of about 40 individual stocks, to see the overall portfolio move as much in one day as it did yesterday, up 2.5%. A few real standouts in there, including Overstock with their latest response on the lawsuits, but on the whole it was just a day with a ton of solid 3-5% gainers. Very nice to see. Hopefully I won't soon see quite that much movement on the downside in the near future.
Looking at a few candidates for new money today or early next week -- at the top of my list now are ISRG and IMAX, so I guess I'm fixated on the "I"s in my portfolio. ISRG I might just be irrationally exuberant about, but I am trying to decide whether the risk of waiting until they report their next quarter (typically a soft time for them) is worth it. If they don't disappoint, I'd hate to have to pay $140 for the shares instead of the $105 or so I might get it for these days.
IMAX is a bit of a risk for waiting, too -- they're still down a little bit after their somewhat soft earnings release, but future growth looks great with the growing installed base of theaters and their backlog. The short term question is, will Harry Potter get investors excited again and should I buy before we see those box office numbers? Or, as is so often the case with the entertainment producers, will we see a selloff on the news (see DWA, MVL and how their stocks have reacted to recent film openings). IMAX is a different kind of company, to be sure, but with the CEO on CNBC this morning talking up the sellouts I'm tempted to wait and see if I can get a better price after the Potter news is out.
As usual, I'll let you know what I decide to do. Happy investing.
This week has been pretty interesting -- especially yesterday. It's very unusual for me, with a portfolio of about 40 individual stocks, to see the overall portfolio move as much in one day as it did yesterday, up 2.5%. A few real standouts in there, including Overstock with their latest response on the lawsuits, but on the whole it was just a day with a ton of solid 3-5% gainers. Very nice to see. Hopefully I won't soon see quite that much movement on the downside in the near future.
Looking at a few candidates for new money today or early next week -- at the top of my list now are ISRG and IMAX, so I guess I'm fixated on the "I"s in my portfolio. ISRG I might just be irrationally exuberant about, but I am trying to decide whether the risk of waiting until they report their next quarter (typically a soft time for them) is worth it. If they don't disappoint, I'd hate to have to pay $140 for the shares instead of the $105 or so I might get it for these days.
IMAX is a bit of a risk for waiting, too -- they're still down a little bit after their somewhat soft earnings release, but future growth looks great with the growing installed base of theaters and their backlog. The short term question is, will Harry Potter get investors excited again and should I buy before we see those box office numbers? Or, as is so often the case with the entertainment producers, will we see a selloff on the news (see DWA, MVL and how their stocks have reacted to recent film openings). IMAX is a different kind of company, to be sure, but with the CEO on CNBC this morning talking up the sellouts I'm tempted to wait and see if I can get a better price after the Potter news is out.
As usual, I'll let you know what I decide to do. Happy investing.
This article posted by One Guy @ 11/18/2005 11:12:00 AM 0 comments
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