Just One Man's Opinion - 30 July 2005

by JMac

AN UPDATE - JUST FOR FUN

As I indicated at the start of this column, the comments and recommendations are NOT intended for traders, but rather investors who have a 3-5 year time horizon. However, I thought it would be fun to see how we did in the month of July.

The market had a pretty good month in spite of the attacks in London and continued high oil prices.

Dow up 365 pts; Nasdaq up 127 pts; S & P up 43 pts.

The first item is the stock's price on July 1 and my comments at that time in lower case. The second is the closing quote on July 29 and my comments today in CAPS. N/C = NO CHANGE IN RECOMMENDATION.

Altria - 65.03 buy & hold - 66.96 N/C

Boeing - 64.68 buy & hold - 66.01 N/C

Coke - 49.21 buy on pull back - 43.76 BUY

Pepsi - 53.51 buy & hold - 54.53 N/C

Avon - 37.80 buy 32.71- CURRENCY EXCAHANGE RATES MADE FOR TOUGH QUARTER, BUT STILL A BUY

Proctor & Gamble - 52.90 buy & hold - 55.63 N/C

J & J - 64.95 buy & hold - 63.96 N/C

Wal-Mart - 48.28 buy - 49.35 N/C

Microsoft - 24.84 buy - 25.61 BUY ! ITS A BARGAIN HERE.

Intel - 26.02 buy - 27.14 N/C

Weyerhouser - 63.89 buy - 68.98 N/C

St. Joes - 81.40 buy - 81.39 N/C

SBC - 23.94 hold - 24.45 SELL, TERRESTIAL TELEPHONY IS AN ENDANGERED SPECIES

Target - 54.56 buy - 58.75 N/C

Sears - 149.87 buy -154.60 N/C

GM - 34.65 avoid - 36.82 N/C

Ford - 10.31 avoid - 10.74 N/C

Chrysler - 40.40 avoid - 48.42 IF U GOT PROFITS TAKE THEM, NOW !

Citigroup - 46.16 buy - 43.50 HOLD, WHO TAKES SANDY WEILL'S PLACE IN '06 ????????

FedEX - 82.24 buy - 84.09 N/C, WHO DO THINK IS SHIPPING ALL THAT STUFF FROM CHINA ?

EXXON - 58.31 buy - 58.75 N/C

Wendy's - 47.64 July 1st - "if you think they spin-off Horton's and sell real estate buy" - 51.70 WELL, FRIDAY THEY DID ! DID YOU BUY ?

Sysco Foods - 36.19 buy - 36.06 N/C, BUFFET IS BUYING

Lucent - 2.94 only for gamblers - 2.93 N/C

Dupont - 42.83 hold - 42.68 N/C

Dow Chemical - 46.87 hold - 47.95 N/C

Eastman Chemical - 54.99 hold - 55.39 N/C

Southwest - no quotes. WHEN, NOT IF, DELTA GOES DOWN, BUY

Home builders - no quotes - TAKE PROFITS HERE

Duke Energy - 29.99 buy - 29.54 N/C

Home Depot - 29.99 neutral - 29.54 N/C

Lowes - 57.60 nuetral - 66.22 N/C

Comcast A - 30.67 buy - 30.73 STRONG BUY, TELEPHONY OVER CABLE COMING ON.

Time-Warner - 16.59 neutral 17.02 BUY (SEE COMCAST)

Google - 294.15 neutral- 287.76 N/C

eBay - 33.01 - buy - 33.34 BUY

Apple - 36.81 buy - on pull back - 42.65 SELL, NOW !

Motorola - 18.27 buy - 21.18 STRONG BUY, THESE GUYS ARE KNOCKING NOKIA DEAD

Chevron - 56.97 buy - 58.01 HOLD, WAIT & SEE WHAT HAPPENS IN UNOCAL MATTER

GE - 34.66 buy - 34.50 N/C

Amazon - 33.09 neutral - 45.15 IF YOU GOT PROFITS TAKE THEM NOW!

Fortune Brands - 90.15 buy - (CORRECTION - TIGER PLAYS A NIKE BALL) 94.55 N/C

IGT - 28.24 buy - 27.36 N/C

Yellow/Roadway - 50.80 neutral until oil hits $55 - 52.81 - N/C

Defense stocks - hold - N/C, DEFENSE SPENDING SLOWS IN FY ' 07

Disney - 25.09 neutral - (CORRECTION - ITS IGER NOT EIGER) N/C

Verizon - 34.57 neutral - SEE SBC ABOVE

QWest - 3.71 sell & avoid - 3.82 N/C

Tyco - 29.11 avoid - 30.47 N/C

General Mills - 46.71 - buy - 47.40 N/C

Alcoa - 26.14 neutral - 28.05 - HOLD, NICE QUARTER

Anheuser-Busch - 45.88 buy - 44.35 N/C, BUFFET IS BUYING

Colgate-Palmolive 50.05 buy - 52.94 N/C

Corning - 19.25 - buy on pull back - 19.05 BUY

Iron Mountain - 31.02 buy - 34.29 BUY, I JUST LOVE THIS COMPANY !

WeightWatchers - 51.03 buy - 56.82 BUY MORE

Wal-Greens - 46.08 buy - 47.86 N/C

Bank stocks - neutral - AVOID - SELL JP MORGAN CHASE

Drillers - pick 'em - TRANSOCEAN, NABORS & SCHLUMBERGER

IBM - 74.67 buy on dips - 83.46 HOLD

Texas Instruments - 28.03 neutral - 31.76 BUY

Starbucks - 51.66 buy - 52.55 N/C

Burlington Resources - 56.81 buy - 64.11 HOLD