Orange SA (ADR) (ORAN), Arkansas Best Corporation (ABFS), Dell Inc. (DELL): One Person’s Trash Is Another Person’s Treasure Portfolio

Finally, keeping with our theme of a week light in news, biotechnology company Dendreon Corporation (NASDAQ:DNDN) saw its shares jump (that’s right… a green arrow next to Dendreon!), by 5% on the week. Shares of Dendreon have been absolutely decimated thanks to a reduced revenue forecast for advanced prostate cancer drug Provenge, and the only cure right now would be an EU approval and incredible ramp-up in overseas sales. While the market is very skeptical of that happening in the near term, existing Dendreon Corporation (NASDAQ:DNDN) shareholders nonetheless got a bit of relief this week.

We can do better

Having a portfolio filled with deeply discounted, and often contrarian, stocks can make for a tough week when the S&P 500 advances by close to 2%. As you can see, we did lose a little bit of ground as Arkansas Best Corporation (NASDAQ:ABFS) caved in to some profit taking, but I remain confident that these under-appreciated names will eventually come out well ahead of the S&P 500. As we’ve seen in recent weeks, it only takes one or two big winners to really propel this portfolio higher — might Xerox Corporation (NYSE:XRX) be the next Arkansas Best Corporation (NASDAQ:ABFS)? Only time will tell!

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, and recommends Orange. It also owns shares of Skullcandy and Staples, and recommends Exelon and Vodafone Group. 

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