Dell Inc. (DELL), Arkansas Best Corporation (ABFS), Skullcandy Inc (SKUL): One Person’s Trash Is Another Person’s Treasure Portfolio

You may not notice it by the week-ending price, but shares of Dendreon Corporation (NASDAQ:DNDN) shot significantly higher in anticipation of its second-quarter results to be released today. This is expected to be the first look at Dendreon Corporation (NASDAQ:DNDN)’s cost-saving initiatives, and it should give investors an indication of whether or not the company’s advertising campaign is striking a cord with patients and physicians. Shareholders do have a reason to be a bit skeptical given its shaky earnings history, but with a smaller-than-expected loss forecast, this may actually turn out to be a pleasant report.

Finally, Orange SA (ADR) (NYSE:ORAN), in its ongoing effort to stimulate growth outside of France, announced recently that it and Vodafone are planning to share a network in Romania in order to lower capital investments for both companies. The two will jointly develop a faster 4G network that will allow both companies to reach more rural markets of Romania, although the two will still remain competitors within the country. Orange SA (ADR) (NYSE:ORAN) may look to make similar deals in other emerging markets if it means less extensive upfront capital costs.

We can do better
Although the trading action was pretty even between stocks in the portfolio this week, the huge swoon lower in Arkansas Best, the largest holding by value, definitely put a dent into the overall results. I still feel confident that over the long run, this group of deeply discounted and contrarian companies can easily outperform the S&P 500. Now, if I could just get the market to stop going straight up…

Check back next week for the latest update on this portfolio and its 10 components.

The article One Person’s Trash Is Another Person’s Treasure Portfolio originally appeared on Fool.com and is written by Sean Williams.

Fool contributor Sean Williams owns shares of QLogic, Dell, Skullcandy, and Orange, but has no material interest in any other companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong. The Motley Fool owns shares of Dendreon, Skullcandy, and Staples, and recommends Exelon, Orange, and Vodafone.

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