My latest stock tip is PACCAR Inc., (Nasdaq PCAR) They're a truck manufacturer and a pretty good one at that. Brands under their roof include Kenworth, Peterbilt and DAF.
They also own Leyland and Foden. Why they retired these brands is a matter of conjecture and a mistake in my opinion. The Leyland plant in England is still producing but the trucks coming out the door are branded DAF. This seems strange as Leyland is a well respected premium truck brand right across the former British Empire. Foden also has a respected name, particularly its tippers. Maybe the Americans don't understand the depth and breadth of the brands.
But that aside, PACCAR is cheap right now. Since I adjusted my portfolio they're up 4%. By the way, for those following my tips, back in January 2016 I tipped Joy Global which was about $10 at the time. Later that year when Komatsu America bought them out, the price was just north of $28. I did say at the time that it was a pick for the not so risk averse as it could go either way. For those of you that are risk takers, you made a lot of money.
Is PACCAR in the Joy Global camp? No way. Can you imagine a world without Kenworth? I can't and that's why they won't disappear any time soon.
Showing posts with label Joy Global. Show all posts
Showing posts with label Joy Global. Show all posts
June 29, 2017
April 11, 2016
Joy Global Tip and Deere
Earlier this year I added two companies to my tips, in addition to Caterpillar. They were Joy Global and Deere. If my readers had acted on this tip the next day, the following would have resulted by the close of trading on the 8th of April:-
Joy Global has returned 61.25% to investors in capital gain in just over two months.
Deere has returned 5.99% in capital gain.
Now I realise this is a very short time period. These are stocks to buy and hold for the long term, with Joy Global being the most vulnerable amongst the stocks I've tipped (biggest risk, also biggest gain, that's the way it goes, it could also flip the other way).
But get this, if you had invested an equal amount in each tip, you'd have made 50% excluding any dividend in just a few short months.
I'm good at this, very good.
(Note: These opinions are information only and do not constitute investment advice. If you need investment advice on these stocks or anything else for that matter, talk to your recognised and professional investment adviser. Better still, do your own research and act on it confident in your own ability.)
Joy Global has returned 61.25% to investors in capital gain in just over two months.
Deere has returned 5.99% in capital gain.
Now I realise this is a very short time period. These are stocks to buy and hold for the long term, with Joy Global being the most vulnerable amongst the stocks I've tipped (biggest risk, also biggest gain, that's the way it goes, it could also flip the other way).
But get this, if you had invested an equal amount in each tip, you'd have made 50% excluding any dividend in just a few short months.
I'm good at this, very good.
(Note: These opinions are information only and do not constitute investment advice. If you need investment advice on these stocks or anything else for that matter, talk to your recognised and professional investment adviser. Better still, do your own research and act on it confident in your own ability.)