1-800-ADVISER for Independent Financial Advice
America's Fastest Growing Independent Advisory Firm
|The-Adviser.com The Place to Come for Answers|
|Quarterly Thoughts - The-Adviser.com
Independent Buy Side Research by The-Adviser.com -
New York - Although it is
2006 and the world has changed - we go back in time to our investment
philosophy back then and what it looks like today.
Way way back in the Spring of 2001 - we assumed that the aggregate of increased oil and electricity prices throughout the US would constrain US economic growth. As the summer arrived, we saw no sign of improvement and we believed that conditions would not improve until at least the later half of Q4.Then the terrorist attach on September 11, 2001. We predicted that the the economic slowdown experienced in the US will accelerate and continue for many months. We were correct. Investors who stayed with our asset allocation of only 25% in stocks did better than most equity exposed investors.
Today --despite the ongoing war in Iraq and increased tensions with North Korean we remain optimistic about the large multinational organizations such as Citigroup, GE, Johnson and Johnson and Microsoft.
We believe these blue-chip companies are significantly undervalued.
We also like Symantec the anti-virus software company as well as Hyperion. These companies should benefit from the overall Vista upgrade cycle as well as consolidation within the software industry.
We continue to like oil stocks such as Texaco/Chevron and ExxonMobil will continue to show above market performance.
We also like dividend paying stocks and limited partnerships including Suburban Propane (SPH), Standard & Register (SR) and WD-40 (WDFC). All of these stocks should be able to maintain their dividend payments although any cut in their current dividend stream would be negative.
That is it for now and we hope you make some money. Do your friends a favor and tell them to subscribe to The-Adviser.com Alert for FREE by Clicking Here.
Help us grow and spread the word about the value of independent research.
Note: The Company does not earn fees for investment recommendations or referrals. Our research reports are prepared for general circulation and are circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance. The Independent Adviser Corporation, its affiliates, directors, officers, employees and employee benefit programs may have a long or short position in any securities of an issuer or in related investments. Please read our full disclosures by clicking here.
The-Adviser.com Alert is issued on Sunday Evening before the US market opens.
Get your FREE subscription by e-mail by clicking here
Past reports are also available by clicking here
Open a professionally managed account:
Why should you invest alone?
Independent Adviser Corporation is a Registered Investment Adviser that
specializes in helping individuals, families and businesses develop
investment and financial planning strategies.
DO YOU HAVE A QUESTION ABOUT INVESTING?
Click Here to Visit our Sponsor
© Copyright. The Independent Adviser Corporation. All rights reserved. Important Legal Information