It’s been a long time since I thought about my stock portfolio. I suppose that’s just part of a buy & hold strategy. For the most part, buy & hold should mean "buy & forget about." Interestingly enough, some of the stocks I sold last year to lock a small profit have since soared. Tough to know those kind of things. If I knew that was going to happen… I’d be a stock broker and not a pastor.
Here’s what I’m holding now:
Sirius: The majority of my portfolio is still in the satellite radio provider. I like the product, but my personal usage has dove since getting an iPod… which leads me to wonder when I should sell. Yet the stock is up 5% this past week on speculation that they may be looking to merge with XM. I have a number I’m looking for before that happens. That stock has done very poorly in the last year and I’m not interested in locking in a major loss.
Texas Roadhouse: Again, I’m souring on one of my stocks. I don’t like the fact that I went in our local one and it was fairly empty (no line) on a Friday night. Also, the place wasn’t as clean as the steak clientèle wants. I’ve got a sell number in mind on this one too.
Statoil: I still like the outlook for the Norwegian Oil driller. I like that they are an environmentally friendly driller. They are proving that you can be both safe for the environment and profitable. I like them and I’m holding them for a while.
Others: I own some mutuals and other companies that are too new for me to say anything about halfway intelligently.
Upcoming: Here are a couple I’m looking at, still doing my homework on. News Corp, Cedar Fair, National City, Proctor & Gamble
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