IRA Investing: Market Indicators Weaken

05/25/07 - 03:46 PM EDT

Richard  Moore

Sales and Purchases

My five stock purchases, to be held for the next month, were:

Finally, I also took a new position in W-H Energy Services(WHQ Quote - Cramer on WHQ - Stock Picks). This is a conventional oil services company that has benefited, along with the whole industry, from the substantial increase in the prices of oil and natural gas.

The company has had outstanding average annual revenue growth of 20% over the last five years and has managed to achieve a 16.5% return on assets. In terms of valuation, though, the company sells at a 17% discount to the industry median.

In order to provide funds for my purchases last week, I reduced my position in Spyders(SPY Quote - Cramer on SPY - Stock Picks).

Portfolio Performance

In the table that follows, I list all my current IRA holdings:

The Portfolio
Symbol Name Purchase Date Cost Price Gain
Regular Holdings
ADPI American Dental Partners 1/30/2007 $20.75 $26.85 29.40%
AHG Apria Healthcare 11/16/2006 $24.42 $28.33 16.01%
AMP Ameriprise Financial 12/18/2006 $55.09 $61.44 11.53%
AMSF Amerisafe 12/18/2006 $14.18 $18.98 33.85%
BDX Becton Dickinson 11/10/2006 $71.29 $77.79 9.12%
BKI Buckeye Technologies 11/16/2006 $11.83 $14.26 20.54%
CALM Cal-Maine Foods 4/16/2007 $13.30 $12.22 -8.12%
CF CF Industries 5/3/2007 $40.57 $42.12 3.82%
CGX Consolidated Graphics 5/1/2007 $76.88 $71.94 -6.43%
CHUX O'Charley's 2/1/2007 $21.55 $22.44 4.13%
GIB CGI Group 3/9/2007 $8.52 $10.11 18.66%
INMD Integramed America 2/6/2007 $11.47 $11.91 3.84%
KCI Kinetic Concepts 2/6/2007 $49.75 $48.80 -1.91%
METH Methode Electronics 3/8/2007 $12.93 $14.88 15.08%
NOOF New Frontier Media 1/8/2007 $9.46 $8.85 -6.45%
QD Quadramed 3/19/2007 $3.06 $3.15 2.94%
SCHL Scholastic 1/3/2007 $36.23 $32.06 -11.51%
SHS Sauer-Danfoss 10/27/2006 $26.63 $28.09 5.48%
SPY S&P Depository Receipts 3/12/2007 $143.59 $152.62 6.29%
TBSI TBS International 5/15/2007 $18.48 $21.05 13.91%
WEL Boots & Coots 3/22/2007 $2.25 $1.90 -15.56%
WHQ W-H Energy Services 5/17/2007 $60.96 $62.80 3.02%
WRNC Warnaco Group 3/14/2007 $26.99 $33.51 24.16%
One Month Screen
CR Crane Company 5/15/2007 $42.53 $42.67 0.33%
GDI Gardner Denver 5/15/2007 $39.49 $40.58 2.76%
NCX Nova Chemicals 5/15/2007 $35.54 $36.00 1.29%
PAS PepsiAmericas 5/15/2007 $24.47 $24.61 0.57%
TFX Teleflex 5/15/2007 $75.49 $77.86 3.14%
Performance Results as of 5/18/2007 IRA S&P 500
Quarter to Date 6.3% 7.2%
Year to Date 15.4% 7.9%
Source: TheAstuteInvestor.com


Please note that due to factors including low market capitalization and/or insufficient public float, we consider American Dental Partners, Amerisafe, Cal-Maine Foods, Integramed America, New Frontier Media, Quadramed, TBS International, Boots & Coots, Nexstar Communications and Nova American Steel to be small-cap stocks. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.

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At the time of publication, Moore was long American Dental Partners, Apria Healthcare, Ameriprise Financial, Amerisafe, Becton Dickinson, Buckeye Technologies, Cal-Maine Foods, CF Industries, Consolidated Graphics, O'Charleys, CGI Group, ,Integramed America, Kinetic Concepts, Methode Electronics, New Frontier Media, Quadramed, Scholastic, Sauer-Danfoss, S&P Depository Receipts, TBS International, Boots & Coots, W-H Energy Services, Warnaco Group, Crane, Gardner Denver, Nova Chemicals, PepsiAmericas and Teleflex, although positions may change at any time.

Richard Moore, CFA, has 40 years of experience in various facets of the investment business. He has been employed by banks, mutual funds and investment advisory organizations during his career and has also owned retail and service businesses. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Moore appreciates your feedback; click here to send him an email.

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