Portfolio Update: Prepare for the September Swoon

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

AstraZeneca (AZN), our European blue chip, continues its steady march upward. Always looking to link up with innovative companies, AZN recently announced that it is collaborating with Cellartis, a Swedish biotech to create tests to identify drugs that damage the liver or the heart. The stock is up almost 10% since we recommended it in July. That’s an annualized rate of 70%. Hold on for more upside.

Advertisement.

Cognizant (CTSH) is another double-digit percentage gainer for the portfolio, and you’ve already taken 60% profits on the options. Investment bank Credit Suisse just initiated coverage with a bullish rating — putting this outsourcing play on the screens of Wall Street. Our target price in this stock is $78. That’s up 12% from current levels, so hold onto the stock for now.

Acergy (ACGY) has been the Global Bull Market portfolio’s biggest winner this summer — up almost 20% in just the last month. Morgan Stanley just initiated bullish coverage of the stock, noting that the number of planned deep water projects is up 88% just this year. These factors should underpin demand for deep water infrastructure well past 2010.

With the commodities bull taking a breather, BHP Billiton (BHP) has been locked in a trading range, despite record earnings of $10.45 billion announced last week. What will break the stock out of its doldrums? Workers at Chile’s Escondida mine voted Thursday to end a strike that had sent international copper prices on a 25-day roller coaster ride. The stock also goes ex-dividend this week, which may put the stock under short term pressure.

Advertisement.

In last Tuesday’s Global Guru, I discussed Chinese companies’ tendency to flub acquisitions — as China Mobile did with our current global cell phone play, Millicom International. (MICC). Undaunted, Millicom continues its relentless pace of global expansion. The company announced on Friday that it acquired control of Colombia Movil, the third largest mobile operator in Columbia, for $125 million. That only ups the potential price for Millicom — a hot acquisition target.

Exclusive  George Gilder Discusses Blockchain, the Graphene Age and More in Interview on NYSE Floor

Last week’s pick, Frontline (FRO), went ex dividend on Tuesday, causing its stock price to dip, as we predicted. Those of you who bought the stock on Monday are entitled to the $1.50 dividend to be paid around Sept. 18. That’s well above a 3% return in about three weeks. Frontline also appointed a new CEO last week to help lead the company in its next stage of development.

Icon plc, (ICLR) our Irish biotech play, announced a proposal for a 2-for-1 stock split. Shareholders will vote on the measure at a meeting on Sept. 29. If approved, each shareholder will receive one share for each one held on Oct. 13. The stock is up 4% during the last month.

P.S. I would like to invite you and a guest to join me this fall at The Money Show in San Francisco. This exclusive event will be held at the San Francisco Marriott, Oct. 16-18, and will feature the country’s premier policy analysts, advisors, and money managers including Mark Skousen and Doug Fabian. Join me for my special presentations, such as the Five Global Bull Market Megatrends That Will Make You a Fortune, Wed., Oct. 18, 2:10 pm – 2:55 pm. Register for free admission to The Money Show in San Francisco by calling 800/970-4355 (be sure to mention my name, Nicholas Vardy, and priority code #006953) or visit: http://www.sanfranciscomoneyshow.com/ms/sanfran/?scode=006953. I hope to see you there — this could be the best investment decision you make all year!

Advertisement.
share on:

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE


img
share on:

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader
LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle
LEARN MORE HERE

DayTradeSPY

DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it... Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • Inner Circle
  • Online Workshops
LEARN MORE HERE