This is not an index fund; so obviously, Golden Panda Investment is not going to pick 888 stocks for the year 2011. Instead, GPI will only pick 8 stocks for the coming year. In fact, the selection has been based on a triple-value rule that GPI has developed through evaluation of the past year performance, growth prospective and fundamental valuations among the examined stocks. 888 simply stands for triple value selection of 8 stocks.
The calculations and careful evaluations of all US stocks with the market caps larger than $7 billion have concluded the following top 8 stocks. The final selection of these 8 stocks has also considered the sector effect, i.e., you shall not pick too many stocks from single sector, only the top ones have been selected based on experience judgments. Nevertheless, the top 888 list is still heavily occupied by financials and insurances. The reason is very simply. Share prices of these stocks have been significantly depressed so much in the past two years, that currently they are showing tremendous hidden values and great run-up potentials.
Ticker | Company Name | Last Trade | Mkt Cap | GPI Target | Projected Return | |
No.1 | BAC | Bank of America | $13.06 | 132B | $19.52 | 50% |
No.2 | HIG | Hartford Financial | $26.70 | 12B | $35.55 | 33% |
No.3 | CNA | CNA Financial | $27.01 | 7.3B | $34.62 | 28% |
No.4 | XL | XL Group plc | $21.90 | 7.1B | $26.61 | 21% |
No.5 | MS | Morgan Stanley | $27.41 | 41.5B | $31.96 | 17% |
No.6 | WLP | WellPoint | $57.44 | 22.6B | $66.70 | 16% |
No.7 | C | Citi Group | $ 4.68 | 136B | $5.33 | 14% |
No.8 | JPM | JP Morgan Chase | $42.08 | 164.5B | $47.63 | 13% |
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