Three weeks ago, I made a first-time investment of $1,000 into Nacco Industries Inc [NC]. This is the final week I will be abstaining from the usual $250+ weekly investment. Along with skipping the last two weeks, this maintains the $250+ per week average. But I am still going through the motions of the weekly rankings because a) this is how you stave off early onset dementia and b) what is life, if not going through the motions?
This week, four of the portfolio holdings ranked in the Top Ten: MMM, MO, NC, and QCOM.
| Ticker | Account Value |
| MMM | 2,598.77 |
| MO | 1,057.98 |
| NC | 1,042.20 |
| QCOM | 2,554.40 |
The lowest amount belongs to NC. However, MO has made its first appearance in the Top Ten that I can recall. Two other quick comments:
- I have added the maximum weight allowance checks for both the stock and sector perspectives on the Portfolio page. I will probably cease including them in my weekly investment post unless a would-be purchase is altered because of a breach. Also, I added some color – you need not write to me telling me your mind is blown by the quality of the formatting. I know.
- TDS jumped 23% on Friday after negative earnings that came right in on the estimates. I have not yet listened to the earnings conference call, but my guess is the message put a strong emphasis on growth going forward. So not a question of ‘what have you done for me lately?’ but rather, ‘what will you do for me?’ That’s a bit of an indictment on the mentality that drives the stock market, but no surprise there. I am not going to complain as TDS is now the most profitable stock in the portfolio.
Speaking of TDS, the covered call I wrote months ago has expired worthless to some anonymous loser. That means it is time to sell another one. Stay tuned.