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As the World Turns -- Episode Three
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Previously: I've found yet more prospective foreign companies: UMC, CHL, KB, PBR, PTR, TSM. However to buy additional stock I have to sell something. Frustratingly, my current lowest-performers all have a strong global component even though based in the US. They are: JLL, GSV, IO. Ths week, AXE (Anixter), MAD (Madeco) and VSEC (VSE Corp.) joined the lowest-performing group of stocks. However, AXE and VSEC have enjoyed relative strength in the recent past. Therefore I decided to sell half of IO, JLL, MAD, then buy CHL, PBR and PTR. CHL and PBR have the best stock performance recently. As the rest were a toss-up. I chose PTR, simply because it's a large Chinese petroleum company which has been challenging other large companies in the field. | ||
