06/12/2013

My Deere

My Deere

By Paul Price

Market Shadows added agricultural machinery manufacturer Deere (DE) to our Virtual Value Portolio today.

DE tractor

We added 40 shares of DE @ $84.39 for a new commitment of $3,375.60 which will comes out of our cash reserves. High-quality Deere pays a 51-cent quarterly dividend which provides a 2.42% current yield. The next ex-dividend date is soon, June 26, 2013.

DE quote

See the full details of our (currently) market beating virtual value portfolio here http://marketshadows.com/virtual-portfolios/virtual-portfolio/

 

Jun 12, 2013 12:00:00 AM | Newsletter Articles, Value Investing

The comments to this entry are closed.

NEXT POST
Drilling for Value A Gusher in the Making? By Paul Price Virtual Value Porfolio holding Baker-Hughes (BHI) was highlighted in this week's Barrons. 'The Trader' column discussed the prospect of a move back towards $80 per share from last week's close of $46.49. Baker-Hughes is the world's second-largest provider of fracking services. U.S. rig counts have declined but managment sees increased activity in Canada and is forecasting that U.S. rig counts will rise for the rest of the year. International operations offer additional opportunities for growth. Baker-Hughes' price/earnings ratio is 13.1 times. The shares yield 1.29%. Earnings per share (EPS) may dip to...
PREVIOUS POST
Trading in Turbulent Times Trading in Turbulent Times By Paul Price Despite the first three-day losing streak of this year, our Virtual Value Portfolio continued to gain. We’re ahead by 20.8% (+ 33.2% annualized) since our October 26, 2012, inception date. That compares well with our benchmark, the Standard & Poors 500. Our numbers and those of the index are total returns which include dividends. So far the Virtual Value Portfolio is outperforming the S&P by 31.7%. We made one purchase this week, adding 40 shares of Deere (DE). That reduced our cash reserves to $5,932 - 4.9% of our current portfolio value. I...

Ilene

I'm editor at Phil's Stock World, and editor for Stock World Weekly. My background is in the biological sciences, and law. After a brief career in the legal field, I changed directions and am now working as an editor, and very much enjoying my experiences in the editing world.

ThemeResearch
Jarsch
Michael Panzner
bloomingcactus
Sam

Search

Become a Fan

My Other Accounts

Recent Comments