Hello Friends! I wish all of my friends a very Merry Christmas and wishes for a Happy and Healthy New Year! Since we are at the end of the trading week (and because I skipped last week!), I thought I would take a few moments to review the stock picks from my blog, Stock Picks Bob's Advice from about a year ago. We have a trailing review, and unfortunately, I am getting a little more than a year out! Currently, I am up to the week of November 3, 2003. Our analysis assumes a buy and hold strategy which is NOT something I do on this website. However, for our purposes here, it gives us a rough idea of how the stocks have performed subsequent to my selection of them for this website.
As ALWAYS, please remember that I am an amateur investor so please consult with your professional investment advisor before making any decisions based on information on this website as selections may or may not be appropriate, timely, or even profitable for you! I cannot be responsible for any of your losses nor will I take credit for any of your gains! If you have any questions or comments, please feel free to drop me a line at email@example.com .
On November 5, 2003, I posted Beazer Homes (BZH) on Stock Picks at $106.34/share. BZH closed at $143.55 on 12/23/04 for a gain of $37.21/share or 35.0%.
On November 5, 2004, BZH reported 4th quarter 2004 results. Revenue for the quarter ended September 30, 2004, came in at $1.21 billion, up 16.5%. Net income was $80.1 million, up 40.1% from the prior year. And on a diluted EPS basis, came in at $5.82, up 39.2% from the $4.18 the prior year. These were great results!
In fact, BZH recently announced a 3:1 stock split subject to shareholder approval.
On November 5, 2003, I picked Watson Pharmaceuticals (WPI) for Stock Picks at a price of $41.01. WPI closed at $32.30 on 12/23/04 for a loss of $(8.71) or (21.2)%.
On October 27, 2004, Watson (WPI) announced 3rd quarter 2004 results. Total net revenue for the 3rd quarter ended September 30, 2004, increased 14% to $408.0 million from $358.8 million last year. Net income for the quarter was $14.6 million compared to net income of $51.5 million last year. Including charges, eps came in at $.13 vs $.47/share last year. (Without these one time charges, eps would still be only $.45/share, still down slightly from last year.) Certainly, imho, we could have seen better results!
On November 6, 2003, I selected Rofin-Sinar Technologies (RSTI) for Stock Picks at a price of $28.87. RSTI closed at $41.09 on 12/23/04 for a gain of $12.22 or 42.3%.
On November 10, 2004, RSTI reported 4th quarter 2004 results. For the quarter ended September 30, 2004, Net sales came in at $93.6 million, up 26% from the prior year's $74.1 million. Net income was $14.1 million, vs. $4.9 million the prior year, up 192%. Great numbers!
On November 6, 2003, I posted Aceto Corporation (ACET) on Stock Picks at $17.42/share. ACET split 3:2 on 1/5/04 for an effective pick price of $11.62. ACET closed at $19.19 on 12/23/04 for a gain of $7.57 or 65.1%.
On November 9, 2004, ACET announced 1st quarter 2005 results. Net sales increased 12% to $80.8 million. Net income grew 8% to $3.4 million or $.21/diluted share. Last year net income was $3.1 million or $.20/diluted share. On December 3, 2004, ACET announced a 3:2 stock split and a 30% increase in the dividend. These are the kind of announcements showing confidence in a company that the street likes, and the stock price has responded accordingly!
Finally, on Friday, November 7, 2003, I posted LeapFrog Enterprises (LF) on Stock Picks at $35.71/share. LeapFrog closed at $13.10 on 12/23/04 for a loss of $(22.61) or (63.3)%.
On October 27, 2004, LeapFrog (LF) reported 3rd quarter 2004 results. Net sales increased 13% to $231.1 million from $203.9 million the prior year same quarter. Net income, however, came in at $20.2 million or $.33/share, down from $33.4 million, or $.55/diluted share the prior year. However, the company fortunately maintained 2004 guidance.
So how did we do that week in November, 2003, a little over a year ago? I had two stocks losing money and three stocks gaining with an average gain of 11.58%. Not fabulous, but then again, not too bad either! Remember, in real life, I advocate selling losers quickly and selling gainers piecemeal slowly.
Thanks again for stopping by! I hope that all of your Holidays are always Merry! Above all have a healthy and safe 2005! If you have any questions, or just want to wish ME a Holiday Greeting (is that a hint or what?), feel free to email me at firstname.lastname@example.org .