Sell: A. O. Smith Corporation (AOS) | Daily Alert January 24, Updated from WSBI 790, February 15, 2017
What a disappointment! We owned A.O. Smith about eight years ago and it was an outstanding winner for 2 for 1. This time around it was definitely a loser. AOS was brought into the portfolio in 1/17 and the position was boosted twice along the way.
Our gain, including dividends will be less than 1% overall when we sell next week. The Vanguard 500 Index Fund will have advanced 53% over the same period.
Neil Macneale, 2 for 1 Stock Split Newsletter, www.2-for-1.com, 408-210-6881, January 2020
*Sell: Criteo S.A. (CRTO)
As we rebalance the Validea Hot List, Criteo S.A. (CRTO) leaves our portfolio.
John Reese, Validea Hot List Newsletter, www.validea.com, 877-439-0506, January 2020
*Retire: Schlumberger Limited (SLB) | Updated from WSBDS 320, May 8, 2019
Schlumberger Limited (SLB) moves from Buy to Retired today. After last week’s fourth quarter results were reported, analysts lowered their 2020 earnings estimates for the company. At this point, full year EPS growth is expected to be 10.9%. That’s actually not a bad number, but the P/E is now 23, so the stock cannot be considered to be undervalued. There are no big problems at Schlumberger. Revenue and profits are expected to continue growing, so if you want to keep the stock for the dividend income, you should feel comfortable doing so. Retired.
Crista Huff, Cabot Undervalued Stocks Advisor, www.cabotwealth.com, 978-745-5532 January 22, 2020