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Here, we present extracts from some previous Global Analyst Bulletins, intended to offer you examples of Adrian Day's concise, focused approach and provide you with an idea of his breadth of subject matter. Needless to say, recommendations from the past do not necessarily still hold today. For Adrian Day's current recommendations, subscribe to Global Analyst now.
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| BUY SILVER NOW | | September 9th, 1999 | | Issue No. 7 | I like to find favorite companies whose stock price is depressed because of an external or temporary factor. This does not guarantee immediate rewards. But it does mean we are buying great companies at low prices. Right now, because of a weak silver price and ongoing political turmoil in Russia, we have the opportunity to buy the best silver mining stock...at a four-year low ($5 1/16)! Within a month, this silver stock was up 47%. We eventually sold the stock in the mid $20s, for a gain of 323%. | | | | | | THE CASE FOR OIL | | December 20th, 1999 | | Issue No. 20 | | We got on to the oil and gas story early, at a time when the sector was out of favor, with forecasts of a decline in the oil price and stocks trading a five-year lows in valuations. These stocks included the second-largest independent producer in the U.S.; the largest independent gas producer; and the largest offshore drilling company. We took our windfall profits quickly, over 30% in two weeks in one case, 45% in four months in a second, and 35% in under a year in the last. Don’t worry: we still have exposure to the oil and gas sector, where we currently have gains averaging 172%, with more to come. | | | | | | BUY GOLD NOW | | February 6th, 2000 | | Issue No. 25 | When the Internet stocks were riding high, in early 2000, few sectors were more out of favor than gold. But we saw value in the yellow metal, saying the market was primed for a major move. Selling under $300 an ounce at the time, gold was close to its low, and has moved up steadily since to the current level over $1,200. | | | | | | SELL HSBC AND AMERICAN CAPITAL | | April 15th, 2009 | | Issue No. 419 | One of the keys to successful investing is knowing when to add to a stock that has declined or when to fold. One of our strategies that have served us well is to trade around core holdings. An example: We have held HSBC and American Capital on our list for a long time (and we continue to hold both). We originally bought American Capital at higher prices, but we have more than recouped our purchase price through dividends over the years. HSBC we hold at a modest gain, though again with good dividends over the years. At the depths of the credit crisis in early 2009, we added to both positions, at highly depressed prices. We were able to sell these add-on positions with five weeks for astonishing gains of 90% on HSBC and 251% on ACAS, helping to cut the cost basis on our core holdings. | | | | |
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