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May 23, 2008 |
| What They're Buying |
| In a quarter marked by wide swings between share-price highs and lows, SuperInvestors appeared to find disconnects between stock prices and underlying values in such companies as WellPoint, UnitedHealth and Google. |
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Table: |
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Value Gaps |
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Table: |
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Biggest New Bets |
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| What They're Selling |
| "Don't try to buy at the bottom and sell at the top," quipped Bernard Baruch. "It can't be done, except by liars." On the selling side, particularly with energy stocks, SuperInvestors seem to have found out as much in 2008's first quarter. |
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Table: |
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Don’t Look Back |
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Table: |
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Selling Out |
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| What They Own |
| Morningstar considers fully half of the companies it follows to be without an economic moat. Such is not at all the case with the stocks most widely owned by SuperInvestors, such as American Express, Cisco and Wyeth. |
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Table: |
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Moat Control |
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Table: |
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Amid the Financial Ruins |
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| Stock Spotlight |
| Did changes in WellPoint's prospects justify a decline of $25 billion in its market cap between January and March? Based on their buying behavior in the first quarter, SuperInvestors apparently don't think so. |
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| Companies in this Issue |
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| A – E |
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Alcoa, Alliance Data Systems, America Movil, American Express, American Tower, Amylin Pharmaceuticals, Anadarko Petroleum, CSX Corp., CV Therapeutics, Calpine, Charles Schwab, Chesapeake Energy, ChoicePoint, Cisco Systems, Clear Channel Communications, ConocoPhillips, Covidien, Cypress Semiconductor, DaVita, Domtar, ENSCO, Ericsson |
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| F – J |
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Fannie Mae, Fidelity National Information, First American, Focus Media Holding, Freddie Mac, Goldman Sachs, Google, IndyMac Bancorp, Infosys, Ingersoll-Rand, International Game Technology, JPMorgan Chase |
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| K – O |
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Lehman Brothers, Level 3 Communications, MBIA, Macy’s, Microsoft, Mirant, Moody’s, Morgan Stanley, NRG Energy, Oracle |
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| P – T |
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PHH Corp., PharMerica, Philips Electronics, Precision Castparts, Qualcomm, SAIC, SLM Corp., Schlumberger, Thomson Reuters |
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| U – Z |
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UltraShort QQQ ProShares, UnitedHealth, Wal-Mart, Walter Industries, WellPoint, Wendy’s, Williams, Willis Group, Wyeth, XTO Energy |
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See What You've
Been Missing |
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| Review each issue's Table of Contents to see the range of investing ideas and wisdom available in SuperInvestor Insight: |
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