2 Buys and 1 Sell From Private Capital Management's Mutual Funds NUS
Jun. 22, 2011 5:25 PM ETNUS
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2 Buys and 1 Sell From Private Capital Management's Mutual Funds
Seeking Alpha June 22, 2011
Private Capital Management’s mutual funds have delivered a market-beating,
phenomenal 15.5% compound return over the last 24 years since the fund's inception. The company manages $1.6 billion using a value investing philosophy, and with holdings across the capitalization spectrum. Two attractive buys from its portfolio include Motorola Mobility Holdings (MMI) and Nu Skin Enterprise (NUS).
Consumer non-cyclical sector: Buy Nu Skin Enterprise (NUS).
PCM added a new position, its first in this sector, by buying a new $21 million
position in Nu Skin Enterprise, a network marketer of anti-aging personal care
products and nutritional supplements under the Nu Skin and Pharmanex brands.
Nu Skin is a baby boomer stock, and has been reporting phenomenal revenue and earnings growth every quarter. (18 consecutive quarters) The stock trades at a premium 15 forward P/E, but that is not so expensive given the strong growth and the promising outlook for the company’s products, and given the aging population in the U.S. and worldwide. Analyst targets are currently in the high-$30s, but as is the case with any such high growth company, one can expect these targets to keep getting raised as the company continues to beat numbers.
For complete story: https://seekingalpha.com/article/276210-2-buys-and-1-sell-from-private-capital-management-s-mutual-funds?source=yahoo
Live With Intention,
DrBillToth.com/blog
Seeking Alpha June 22, 2011
Private Capital Management’s mutual funds have delivered a market-beating,
phenomenal 15.5% compound return over the last 24 years since the fund's inception. The company manages $1.6 billion using a value investing philosophy, and with holdings across the capitalization spectrum. Two attractive buys from its portfolio include Motorola Mobility Holdings (MMI) and Nu Skin Enterprise (NUS).
Consumer non-cyclical sector: Buy Nu Skin Enterprise (NUS).
PCM added a new position, its first in this sector, by buying a new $21 million
position in Nu Skin Enterprise, a network marketer of anti-aging personal care
products and nutritional supplements under the Nu Skin and Pharmanex brands.
Nu Skin is a baby boomer stock, and has been reporting phenomenal revenue and earnings growth every quarter. (18 consecutive quarters) The stock trades at a premium 15 forward P/E, but that is not so expensive given the strong growth and the promising outlook for the company’s products, and given the aging population in the U.S. and worldwide. Analyst targets are currently in the high-$30s, but as is the case with any such high growth company, one can expect these targets to keep getting raised as the company continues to beat numbers.
For complete story: https://seekingalpha.com/article/276210-2-buys-and-1-sell-from-private-capital-management-s-mutual-funds?source=yahoo
Live With Intention,
DrBillToth.com/blog
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