It’s the end of November, so it’s time to review stocks added to the SIF Portfolio six months ago, in May. Stocks that no longer qualify for my screen may now be sold. Stocks which continue to qualify will be held, and then reviewed on a monthly basis.
Such frequent trading goes against the grain for many investors, including me. When the portfolio reaches its first anniversary, I may consider extending the six-month minimum holding period, but for now, I’m sticking to the rules. After all, there’s no point in running a rules-based portfolio if you keep changing the rules. Frequent changes make it impossible to say whether any of the rules actually work.Here’s a list of the four stocks which are under review this week. Each company name is linked to my original article on the company:
Gold miner Pan African Resources
Pharma giant GlaxoSmithKline
Concrete flooring specialist Somero Enterprises
Packaging group Macfarlane
Pan African ResourcesAt one point this year, Pan African Resources was the biggest riser in the portfolio. That’s not the case anymore. Pan African’s share price has pulled back with the price of gold, which has…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
