|09-26-06 - Buy USG at 48.67.
US Gypsum has returned me over 16% since purchase. I think it still has room to run.
|10-18-06 - Buy DHI at 23.67.
Second in the list is DR Horton, the home builder I settled on. It is up a little over 14.5% and given all the recent upgrades in the sector I think this is worth holding.
From Market watch the other day:
Citigroup says time to buy builder stocks; raises target prices
Analyst ups targets on expectation worst is behind housing market
By John Spence, MarketWatch Last Update: 10:59 AM ET Dec 6, 2006
BOSTON (MarketWatch) -- Citigroup on Wednesday raised its target prices on several recovering home-builder stocks, saying in previous housing cycles the shares tend to rally well before the housing market turns the corner.
"While many wait for an improvement in fundamental data such as prices or inventory to signal an 'entry point' in the stocks, we urge investors to look back to prior cycles, when the group rallied far ahead of fundamentals," analyst Stephen Kim wrote in a note to clients Wednesday.
The Citigroup analyst said he expects home-order trends to turn around by the first quarter
of 2007, therefore "the time to buy the stocks is now" even if profit estimates continue to decline.
"The rally thus far has already occurred sooner than many expected,
and we believe the group is about to accelerate its ascent," Kim wrote.
|11-01-06 - Buy OC at 27.74
And last on the stock list is Owens Corning, the latest company affected by asbestos litigation. So far it has returned almost 13% . This one I think would be worth purchase even at these higher prices.
|09-22-06 - Buy PSPFX at
So, how did the US Global Investors Fund do since my buy recommendation? Not too bad. It has returned about 15.5% so far and I think is poised to go higher. This fund as I said before, I would not consider a core holding but when oil, gas and metals have taken a substantial downturn.....might be worth a look.