Entry = Closing price of 12/31/08 or price at entry for new favorites of 2009. * = New picks of 2009. x = trade completed These are our top favorite holdings. The average return is an average equal-weight as of the date & closing prices of this post or the price of the stock at the time posted as a completed trade and therefore removed from favorites.
Entry = Closing price of 12/31/08 or price at entry for new favorites of 2009.
* = new pick of 2009 d = dividend(s) paid included but only those paid up until the 2009 high
These are our top favorite holdings. The average return is an average equal-weight from beginning of the year (or price at time new pick is entered) until the highest price of 2009. This represents the potential return in theory one that the opportunity to sell for.
DAAT is a severely undervalued company with growing earnings that I expect to move up in price over this year. DAAT sells gun cleaning kits, gun locks, and household items. Here are some reasons why I think DAAT will appreciate:
1. They made $0.04 in Q4 which was a 133% increase over Q4'07. 2008 EPS was $0.06. With a last trade of $0.34 they are trading with a trailing PE of less than 6!
2. They should have greatly improved margins going forward thus driving earnings growth. During 2008 they had escalating costs due to commodity and shipping rates. Commodity prices have dropped like a rock and shipping rates have been reduced. They greatly reduced their high price inventory in Q4 and now will have lower price/higher margin inventory to sell.
3. The book value of DAAT is $0.85/share so they are trading at a massive discount to book value!
4. Guns have been selling quite well which should help to drive their gun accessory sales.
5. DAAT has been buying back shares in the open market. Since September they repurchased 4% of the current outstanding shares.
This list is in no particular order (except that the most recently updated tends to be toward the top) nor are they owned in equally weighted amounts as some we may have a LOT of money in while others very little as of the last update. Any links are thoughts as of the date and time they are written which may not be current. Also some symbols and/or links may be dropped from time to time without further update as the information/opinions mentioned simply become outdated. Please verify all claims and info, and do your own homework in addition.