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David Stafford
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Student of markets, enjoys following their course.
My book:
Around the World in Several Pieces
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  • Friday Fancies; Trees And Robots

    In another installment of the not-so-long running "Friday fancies" series today we're looking at a few interesting stocks from some interesting sectors and turning back to some old favorites per se.

    In sofar as the long running Plum Creek Timber(PCL) Rayonier(RYN) dynamic situation is concerned it seems as though Rayonier is up on PCL before open today. With the strikingly sort of patterned volatility whereby PCL was down 19 or 20 cents and Rayonier was up 40. Perhaps that means that there is some sort of symmetry at this point, but who knows, it could alude to some sort of grander trading pattern or perhaps that thats just this particular random iteration of the dynamic relationship between these two timber giants per se.

    Looking for beaten down sectors is perhaps not an easy task apart from the usual suspects per se as of the open for this Friday. After a little bit of digging though one may come across the recent dip in robotics related stocks as of yesterday. A couple that dipped were IRBT(I Robot) and BRKS(Brooks Automation) this is perhaps due to some sort of overall sector declines yesterday in "industrials" per se, however, I believe these two may have dropped a bit more than the sector in general, and on the other hand, at least 1 of them(BRKS) has a decent dividend yield of 3%, so I guess there's a bit of a robotics play coupled with a sort of inflation hedge all things remaining the same there if that is interesting to anyone.

    Apart from our usual lumbering friends, and robots, it looks like Eastern European related indexes and some hence Austrian ETF's are also down. Whether this would be a "bottom" to said decline is perhaps a sort of unlikely situation given the worsening(as in getting more diffuse and convoluted) situation in the area, however if one wants to keep an eye on a couple of these investment a few decent ones might be for example EWO an eastern European finance and Austrian ETF(EWO), or the Poland index for example(Poland once famed amongst Eastern European emerging markets a sort of a "Tiger" per se)which has quite the ticker; DWPLDT.

    Hence with the not so bad performance from the stock market yesterday, there perhaps aren't so many great deals per se relative to recent price volatility available but perhaps one can take advantage of the RYN and PCL Rio-Tinto esque volatility along with picking up some robot stocks if that's needed in anyone's portfolio, with some notes of Eastern European confusion as of late thrown into the bunch this might be an interesting "Friday fancy" group pick per se, but hopefully everyone's investments are doing great one way or another.

    Without further adieu, the man/duck of the day himself; ye olde Uncle Scrooge



    Mar 28 8:51 AM | Link | Comment!
  • Friday Fancies, Some Tricky Longs.

    The Friday fancies tradition continues with another week of looking for stocks that are at decent prices relative to contemporary trends. This week has been a touch tricky relative to normal weeks perhaps. Its been an interesting week concerning global events with The Crimea situation waiting for the shoe to drop in regards to some sort of potential naval skullduggery, as well as the ongoing trials and tribulations of missing airplanes. All the whilst however, the stock market has been doing pretty good.

    A few stocks that have been taking somewhat of a beating as of late include the likes of Terra Nitrogen, a nice high yielder, that has seen some greater than 1% drops as of late(TNH). It currently has a pretty comfortable yield, even though it suffered a touch recently(the yield), but its still a potentially decent investment. As chronicled earlier on ye olde instablog, its one of the urea-centric, amongst other things-companies, and is in the nitrate business I guess one could say. The price for the stock is at somewhat of a low point in regards to the price for the past 3 months.

    Another company thats seen some losses as of late, is BEP. BEP is a renewable energy investment focused entity. However, it may be good to wait a bit before jumping on this decline in price perhaps due to BEP being still in a high bracket per se regarding its price over the past two months, as well a somewhat ominous recent downgrading per se. So this sort of fits the Friday fancies lowered price criteria, but it still may very well have a bit further to go before it really becomes a tasty buy per se.

    An interesting buy for this Friday, could be FPO. FPO is an interesting Reit, it is focused on residential properties around the DC metropolitan area. Its currently switching its profile a bit, selling non-residential based properties in some cases, and hence is taking some hits for that amongst other reasons perhaps. Reits like this could be an interesting play in the mid to long term per se, depending on how one classifies one's own time horizon's per se, because there has been some news as of late, of some foreign real-estate investors liquefying(<-surely this word has sent many a young spelling-bee contestant packing) there holdings in some cases, which could lead to some well priced residential amongst other property type, acquisition targets for Reits. For a Reit that is freeing up some cash of its own, through selling some of its properties this could perhaps be quite fortuitous in so far as "timing" is concerned. So, though its not really a Friday fancy for traditional Friday fancy reasons, it could be sort of a good pick in general perhaps for the mid to long term, if they play there cards right and get some good deals on residential properties with their newly liquid capital. Perhaps that is a big "if", but its perhaps better than no "if's" so perhaps its a decent Friday fancy.

    Thanks again for reading, and in keeping with the "Friday fancy" tradition, here is everyone's favorite feathered uncle;


    (click to enlarge)

    Tags: TNH, BEP, FPO
    Mar 21 4:39 AM | Link | Comment!
  • Friday Fancies: Drilling For A Good Deal, And MPW.

    This Friday it looks like we have a few pitchers in the bullpen per se, warming up, but otherwise out of the lime-light as of late.

    Amongst the stocks currently in somewhat of a funk per se, are SDRL, Sea-Drill a high yielding offshore oil drilling stock. Its current yield is over 10% or so, and its lost about 1/8th of its value(price wise) since January. This is sort of an interesting play off shore drilling per se, but it might be an ok deal these days. The sector per se in general, is not in a good-way these days, but perhaps with a dividend like SeaDrill's there is a little bit of an upside either way. It hasn't seen an up day or period per se for a while, so perhaps there's some rising probability in some magical Poisson distribution somewhere waiting for the circuit to click per se, and bring some positive value back to Seadrill(SDRL).

    Another stock down recently is our old friend MPW. MPW is about 1/13 off its 3 month highs, and though it isn't a great discount, its still something per se, for this stock which seems to dash in and out of the lime-light as of late.

    Though its almost down a relatively very insignificant amount per se, Rayonier(RYN), is also down as of late. It hasn't been up quite as much as Plum Creek, which seems to be part of its beta category per se, so their might a little bit of an arbitrage there perhaps or something like that per se, some sort of minor-relative strength based argument to be made for this pick.

    One pick that any Friday fancy would be incomplete without, is of course, the longest running "Friday fancy" pick, namely long Uncle scrooge, for whatever reason, so here is Scrooge's weekly cameo(with a few friends);

    (click to enlarge)

    Scrooge image source;

    Tags: SDRL, RYN, MPW
    Mar 14 9:36 AM | Link | Comment!
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