The third biggest gainer for the IPIG portfolio last week was safety-equipment purveyor Mine Safety Appliances (NYSE:MSA), which also rose on its earnings news. Mine Safety Appliances (NYSE:MSA)’ numbers were pretty strong, once you backed out the impact of currency fluctuations and a divestiture, and the market rewarded the company for those results. Solid results like that are also a decent reason for a company’s stock to rise, but of course, what the company delivers in the future will drive where its stock goes next.
The news isn’t always good
Of course, not every stock gained, and the biggest loss in the IPIG portfolio for the week goes to the two-stock railroad combo of CSX Corporation (NYSE:CSX) and Union Pacific Corporation (NYSE:UNP). Both reported solid earnings that propelled their shares to gains for the prior week’s IPIG review. Still, lousy earnings numbers this week from a competitor on weak coal shipments served as a reminder of how dependent railroads are on that single commodity. That news was enough to drive the IPIG’s railroads down on the week.
Put the good together with the bad, and the IPIG portfolio finished the week up by $389.79 to close the week with a better than 20% return since its inception to wind up like this:
| Company Name | Purchase Date | No. of Shares | Total Investment (Including Commissions) | Current Value, July 26, 2013 |
|---|---|---|---|---|
| United Technologies | 12/10/2012 | 18 | $1,464.82 | $1,889.46 |
| Teva Pharmaceutical | 12/12/2012 | 38 | $1,519.40 | $1,547.74 |
| J.M. Smucker | 12/13/2012 | 17 | $1,483.45 | $1,896.18 |
| Genuine Parts | 12/21/2012 | 23 | $1,476.47 | $1,888.30 |
| Mine Safety Appliances | 12/21/2012 | 36 | $1,504.96 | $1,936.44 |
| Microsoft | 12/26/2012 | 55 | $1,499.15 | $1,739.10 |
| Hasbro | 12/28/2012 | 43 | $1,520.60 | $2,024.44 |
| NV Energy | 12/31/2012 | 84 | $1,504.72 | $1,983.24 |
| United Parcel Service | 1/2/2013 | 20 | $1,524.00 | $1,739.80 |
| Walgreen | 1/4/2013 | 40 | $1,501.80 | $2,032.80 |
| Texas Instruments | 1/7/2013 | 47 | $1,515.70 | $1,838.17 |
| Union Pacific | 1/22/2013 | 6 | $805.42 | $956.40 |
| CSX | 1/22/2013 | 34 | $712.50 | $839.12 |
| McDonald’s | 1/24/2013 | 16 | $1,499.64 | $1,568.48 |
| Becton, Dickinson | 1/31/2013 | 18 | $1,518.64 | $1,858.50 |
| Aflac | 2/5/2013 | 27 | $1,466.35 | $1,649.43 |
| Air Products & Chemicals | 2/11/2013 | 17 | $1,510.99 | $1,770.04 |
| Raytheon | 2/22/2013 | 27 | $1,473.91 | $1,890.27 |
| Emerson Electric | 4/3/2013 | 28 | $1,548.12 | $1,674.40 |
| Wells Fargo | 5/30/2013 | 37 | $1,525.48 | $1,609.87 |
| Kinder Morgan | 6/21/2013 | 42 | $1,518.37 | $1,625.82 |
| Cash | $271.01 | |||
Data from the iPIG portfolio’s brokerage account, as of July 26, 2013.
The article 20% Returns in Less Than Eight Months? originally appeared on Fool.com is written by Chuck Saletta.
Chuck Saletta owns shares of Aflac; Texas Instruments; Microsoft; McDonald’s; Genuine Parts; United Technologies; Wells Fargo; Teva Pharmaceutical; Emerson Electric; Becton, Dickinson; Walgreen; Union Pacific; Hasbro; UPS; CSX; J.M. Smucker; Air Products & Chemicals; Mine Safety Appliances; NV Energy; Raytheon; and Kinder Morgan. The Motley Fool recommends Aflac; Becton, Dickinson; Emerson Electric; Hasbro; Kinder Morgan; McDonald’s; Mine Safety Appliances; UPS; and Wells Fargo and owns shares of Hasbro, Kinder Morgan, McDonald’s, Microsoft, Raytheon, and Wells Fargo.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
