Friday, October 19, 2012

Dividend Stars Portfolio: January Update

equating to a current annual dividend yield of 4%. I initially had called for a $33 target on Mattel, but given the dividend hike and the relative weakness in shares of competitor Hasbro, I may be raising my target. Stay tuned.

See if (MAT) is traded within the Action Alerts PLUS portfolio by Cramer and Link

ProShares Ultrashort FTSE China 25 ETF(FXP), which was last month's best performer, turned out to be this month's worst performer (-6.42%, -0.5% Contribution to Overall Returns); even after exiting the position in early January. I noted last month that the volatility was a bit extreme, and decided to cut ties after the ETF fell through my entry point of $28 on January 9th. While the news in China in regards to housing continues to look bad (a recent report noted that Shanghai new home prices plummeted by 41 percent in the week ended January 29), the overall economy seems to be showing no imminent signs of any major slowdown. I still believe in the whole China Real Estate bubble story, but for now, it's time to move on.


-----------------------------Portfolio Returns (Jan 1st to Jan 31st):Microsoft (MSFT): +13.75%Mattel (MAT): +11.67%Deere (DE): +11.38% (Sold on 2/1/12)Intel (INTC): +8.95%Honeywell (HON): +6.79% (Sold on 2/1/12)McGraw Hill (MHP): +2.29%Target (TGT): -0.80%Norfolk Southern (NSC): -0.91%Pepsico (PEP): -1.02%Exxon Mobil (XOM): -1.2%Chubb (CB): -2.61% (Sold on 2/1/12)Proctor & Gamble (PG): -4.75%Novartis (NVS): -4.92%ProShares Ultra Short FTSE 25 (FXP): -6.42% (Sold on 1/9/12)

If you have any questions, comments or suggestions, feel free to message me on Twitter at @bostoncfa

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