
Today we decided to cut our losses on
Stock of the Week ACAT. Arctic Cat, manufactures and markets snowmobiles and ATVs We've held onto the
stock for 6 months as it produced negative returns in the
Stock of the Week portfolio. Although first quarter sales were up,
ACAT has replaced last years 5% sales growth with consistent losses, with more expected throughouth the year.

Proceeds from the sale of
ACATwere reinvested in
Dell, the world's largest personal computer maker, know for high quality products with an attractive price point for the consumer.
Dellhas tripled its employment projections and landed service contracts with some major market players.
Dell is expected to offer a new desktop PC using a microprocessor from Advanced Micro Devices. We repsect
Dell's manufacturing and conrol cost expertise as core strengths that will help this
computer manufacturer be a long term growth stock with some hefty profits. Check it out and
let us know what you think! Better yet, we'd love to talk to you about our
Myrtle Beach Investors Group
0 comments:
Post a Comment