Selection
BUD was a stock I bought as an idea on an undervalued or oversold company, depending on your style of investing. The main reason for purchase was just to get my feet wet and I felt BUD at that time was undervalued enough to present with a sufficient margin of safety that would preserve my capital. So I bought. And then I sold.
Results
On February 16, 2006, I bought Anheuser Busch (BUD) at $41.88. On October 4, 2006, I sold BUD at $48.37 (dividends included). I had a gain of $6.49 a share (dividends included) or just about 13.4% in 230 days.
Bottom Line
At the time of purchase BUD was, again depending on your style of investing, either as undervalued or oversold as it had been since 1992. BUD is getting close to its all time high, so it may be a chance to try out Howard's style.
Thursday, January 18, 2007
Trade Review: BUD
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3 comments:
What's Howard's style?
George: Howard buys all time highs.
howard: hey I gave you BRK and now BUD for Wallstrip.
What else does a brother got to do to get a link? lol
I have a web site where I give advise on penny stocks and stocks under five dollars. I have many many years of experience with these type of stocks. If their is anyone that is interested in these type of stocks you can check out my web site by just clicking penny stocks. I would like to take a moment to talk about low price stocks not classic penny stocks or stocks under one dollar the term most people most often think of when the word penny stock is used. Their are companies of really decent quality trading under five dollars’ but for every one company trading under five dollars that is of decent quality their are maybe ten of poor quality. So the really big difference between those investors that are tremendously successfull when it comes to investing in low price stocks and those investors that lose enormous amounts of money investing in stocks under five dollars’ is having a great deal of knowledge and experience when it comes to low price stocks’ or having a total lack of knowledge and experience when it comes to low price stocks. Finding quality stocks under five dollars requires a lot more research than finding a decent stock above ten dollars.
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