ModernGraham.com - A resource for Intelligent Investors

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

We have decided to provide our list of Enterprising Value companies on a weekly basis.  The portfolio will continue to be rebalanced once a month, but the actual list will be provided weekly.

Here is this week's list of Enterprising Value companies:

There were no transactions this week.

The portfolio matched both the DJIA and S&P 500 indexes this week, but has significantly outperformed them both overall.

The snapshot:

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 04:30 PM | Permalink | Comments (1) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

We have decided to provide our list of Enterprising Value companies on a weekly basis.  The portfolio will continue to be rebalanced once a month, but the actual list will be provided weekly.

Here is this week's list of Enterprising Value companies:

There were a couple dividend transactions this week.  Building Materials (BMHC) issued a dividend for $0.10/share, which was reinvested at $27.56.  Illinois Tool Works also issued a dividend of $0.21/share, which was reinvested at $49.99.

The portfolio underperformed both the DJIA and S&P 500 indexes this week, but has significantly outperformed them both overall.

The snapshot:

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 12:30 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

We have decided to provide our list of Enterprising Value companies on a weekly basis.  The portfolio will continue to be rebalanced once a month, but the actual list will be provided weekly.

Here is this week's list of Enterprising Value companies:

There were a no transactions this week.

The portfolio outperformed both the DJIA and S&P 500 indexes this week, and has significantly outperformed them both overall.

The snapshot:

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 12:30 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

We have decided to provide our list of Enterprising Value companies on a weekly basis.  The portfolio will continue to be rebalanced once a month, but the actual list will be provided weekly.

Here is this week's list of Enterprising Value companies:

There were a number of transactions this week as we rebalanced the portfolio.  We sold Avis Budget Group (CAR) for $7382.63 at a gain of about 13.5%, Cost Plus Inc (CPWM) for $7346.00 at a gain of about 12.75%, Dollar General (DG) for $7292.75 at a gain of about 2.75%, Interpool Inc (IPX) for $7844.00 at a gain of about 20%, John B. Sanfilippo & Sons Inc (JBSS) for $6794.60 at a loss of about 14%, Stein Mart (SMRT) for $9190.00 at a gain of about 41%, and Startek (SRT) for $8196.56 at a gain of about 9%.

We purchased Building Materials Holding Corp (BMHC) for $7529.55, Woodward Governor Co (WGOV) for $7439.80, Illinois Tool Works (ITW) for $7603.60, Tennant Co (TNC) for $7534.00, Quanex Corp (NX) for $7484.95, Southern Copper Corp (PCU) for $7550.50, and Paccar Inc (PCAR) for $7361.25.

The portfolio outperformed both the DJIA and S&P 500 indexes this week, and has significantly outperformed them both overall.

The snapshot:

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 03:30 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

We have decided to provide our list of Enterprising Value companies on a weekly basis.  The portfolio will continue to be rebalanced once a month, but the actual list will be provided weekly.

Here is this week's list of Enterprising Value companies:

There were no transactions for this portfolio this week.  Next week we will rebalance the portfolio.

The portfolio underperformed both the DJIA and S&P 500 indexes this week, and but has outperformed them both overall.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 02:40 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

There were no transactions for this portfolio this week.

The portfolio outperformed both the DJIA and S&P 500 indexes this week, and has significantly outperformed them both overall.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 04:28 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

There were no transactions for this portfolio this week. Last week we rebalanced the portfolio and made a couple transactions.

The portfolio outperformed both the DJIA and S&P 500 indexes this week, and has significantly outperformed them both overall.

The current value is calculated using prices near close from Thursday.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 03:00 PM | Permalink | Comments (0) | TrackBacks (0)

This week we performed our monthly rebalancing. 

This portfolio is made up of the 15 enterprising stocks that are trading at the greatest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

This week we sold Building Materials Holding Corp (BMHC) at $25.30 for $7833, a 21.1% gain.  We sold Finish Line (FINL) at $11.11 for $6433.80, a 0.7% loss.  We sold M/I Homes Inc. (MHO) at $31.92 for $6533.6, a 0.5% loss.  We sold SpectraLink Corp (SLNK) at $8.12 for $7095, a 9.0% gain.

We bought Huttig Building Products Inc (HBP) at $4.96 for $6507.60, Westwood One Inc (WON) at $6.96 for $6517.60, Tuesday Morning Corp (TUES) at $12.89 for $6519.45, and Cost Plus Inc. (CPWM) at $10.84 for $6514.

Then we reviewed the portfolio for any positions that fell below 6% of the total portfolio.  We found Dollar General had fallen to 5.9% of the portfolio, so we upped our position by purchasing 50 additional shares at $12.22.  We also found John B. Sanfilippo & Son Inc (JBSS) had fallen to 5.1% of the portfolio, so we purchased 140 shares at $9.89.

The portfolio underperformed both the DJIA and S&P 500 indexes this week, and has underperformed them both overall.

The current value is calculated using prices near close from Thursday.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 03:30 PM | Permalink | Comments (1) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the lowest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

There were no transactions for this portfolio this week. Next week we will review the list for any changes and make any necessary transactions.

The portfolio outperformed both the DJIA and S&P 500 indexes this week, and has significantly outperformed them both overall.

The current value is calculated using prices near close from Thursday.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer and Our Methods.

Posted by Ben at 02:00 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the lowest discount to their intrinsic value.  The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list.  Every week we examine the portfolio's performance against the S&P 500 and Dow Jones Industrial Average, and reinvest any dividends.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

There were no transactions for this portfolio this week. 

The portfolio underperformed both indexes this week, but has matched the S&P 500 overall.

The current value is calculated using prices near close from Thursday.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer.

Posted by Ben at 12:00 PM | Permalink | Comments (0) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the lowest discount to their intrinsic value.  Each month we will review the list, and make any trades necessary to get the portfolio to match the list.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

There were no transactions for this portfolio this week.  The portfolio has significantly outperformed both the Dow and S&P 500 indexes overall and during the past week. 

The current value is calculated using prices near close from Thursday.

Performance:

Neither of us holds a position in any of these stocks.  Please review our disclaimer.

Posted by Ben at 02:30 PM | Permalink | Comments (1) | TrackBacks (0)

This portfolio is made up of the 15 enterprising stocks that are trading at the lowest discount to their intrinsic value.  Each month we will review the list, and make any trades necessary to get the portfolio to match the list.  The list of enterprising stocks is made by following modernized Benjamin Graham strategies, and intrinsic value is calculated by a formula based on Graham's overall philosophy of calculating value with a margin of safety.

 Since this is the first month of the portfolio, we will start with $100,000 and $10 commissions.  All of the stocks listed were "purchased" using prices from Wednesday's close.  The current value is calculated using prices near close from Thursday.

Neither of us holds a position in any of these stocks.  Please review our disclaimer.

Posted by Ben at 02:29 PM | Permalink | Comments (0) | TrackBacks (0)