Investing For Growth
Investing For Growth
by Robert Sheard (MF DowMan) LEXINGTON, Ky. (Mar. 26): The IFG portfolio bounced back slightly after yesterday's drubbing. Today's winners were two of the software stocks, IFG doggie Adobe Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ADBE)") else Response.Write("(NASDAQ:ADBE)") end if %> and Computer Associates <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CA)") else Response.Write("(NYSE:CA)") end if %>. Incidentally, Computer Associates is also in the Relative Strength IFG variation if you're following along with that model.
No earth-shattering news for these stocks today, but Computer Associates did announce a renewed partnership with G&Z Systems, Inc. G&Z is adding Computer Associates' CA-Unicenter, the company's leading enterprise network and systems management solution, to its other CA data management products. By signing on as a premier CA-Unicenter business partner, G&Z is hoping to extend its prowess in data collection and transport, as well as remote site management.
For those readers who are new to the Investing For Growth approach, keep in mind that the stocks I report on in this daily recap are part of the model portfolio's "holdings," which date back to the last portfolio update in the first week of January. If you were to start an IFG portfolio of your own, you'd want to be sure to include the stocks which are listed on the main screen in the IFG Area, even though that list is dramatically different from the current model's holdings.
The update for the IFG model comes on the first Friday in April, and at that time (if everything stays like it is now), 9 of the 10 current holding will be replaced---a higher-than-normal turnover rate. (Only Tellabs would remain.) Usually the IFG model replaces about half of the stocks in any given quarter, which means an average of 40 trades per year. If you have any questions about the approach, please visit the IFG folder on the message boards (Let's Talk Investment Approaches section). | ||||||||
INVESTING FOR GROWTH (3/26/96)
Day Week Month Year History
IFG 1.00% -1.21% -2.75% -0.83% 3934.62%
DJIA 0.47% 0.60% 3.37% 10.82% 584.16%
S&P 500 0.45% 0.36% 1.96% 6.01% 513.00%
NASDAQ 0.11% -1.26% -1.07% 3.44% 635.25%
Rec'd # Security In At Now Change
10/10/94 9586 Micron Tech 16.63 31.00 86.47%
1/5/96 3387 Sterling Soft 52.75 69.50 31.75%
4/8/95 3794 Intel 43.56 56.13 28.84%
4/8/95 5828 ADC Telecom 28.38 35.50 25.11%
1/5/96 3183 Comp Assoc 56.13 69.88 24.50%
1/5/96 4168 Oracle 42.88 48.00 11.95%
1/5/96 2627 Comp Sci 68.00 71.88 5.70%
7/8/95 3866 Tellabs 48.00 47.31 -1.43%
1/5/96 4229 Adobe Sys 42.25 32.38 -23.37%
7/8/95 3776 Applied Mat 49.13 35.31 -28.12%
Rec'd # Security Cost Value Change
10/10/94 9586 Micron Tech $159,367.25 $297,166.00 $137,798.75
1/5/96 3387 Sterling Soft $178,664.25 $235,396.50 $56,732.25
4/8/95 3794 Intel $165,276.13 $212,938.25 $47,662.13
4/8/95 5828 ADC Telecom $165,369.50 $206,894.00 $41,524.50
1/5/96 3183 Comp Assoc $178,645.88 $222,412.13 $43,766.25
1/5/96 4168 Oracle $178,703.00 $200,064.00 $21,361.00
1/5/96 2627 Comp Sci $178,636.00 $188,815.63 $10,179.63
7/8/95 3866 Tellabs $185,568.00 $182,910.13 $(2,657.88)
1/5/96 4229 Adobe Sys $178,675.25 $136,913.88 $(41,761.38)
7/8/95 3776 Applied Mat $185,496.00 $133,340.00 $(52,156.00)
CASH $458.86
TOTAL $2,017,309.36
Transmitted: 3/26/96
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