We have been pleased with the acquisitions thus far for Abbott (ABT). The industry is consolidating and biologics is looking to be a very good play for those companies that have expertise. (Original purchase cost of $51.43 – 2.6% position for TDIMG portfolios)
Definition of Biologics from Wikipedia:
Biologics include a wide...
We have been holding Longtop Financial (LFT) for the past few weeks as we like the technicals and the fundamentals. The company could see some good order flow as China continues to attempt to gain insight to the financial markets and as companies continue to look to control costs.
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We recently added a long position of MELI at a 1.5% allocation (max) with an entry price of $ 28.14.
Description
MercadoLibre Inc. (MELI) operates an online trading site for the Latin American markets. The Company’s website allows businesses and individuals to list items and conduct sales and purchases online in...
We have added a SMALL position of Cintas (CTAS) to portfolios. I know what you are thinking…. A uniform company? We thought the same thing.
But, even as we are in the low point of this recession, seemingly making some progress, we see that this is an opportunity to get into...
