Today was the big day to sell my SunTrust holdings. I sold about $1000.00 (15 shares) after paying the commission. It reached its 52 week high and increased it by another 4%, so I thought that it was a great time for me to sell and purchase new securities. My portfolio will finally look a lot more balanced than what it used to be. SunTrust was originally 78% of my portfolio (because it was a rollover balance from my 401(k)) and now it’s only 19%.

I like SunTrust stock. I believe that they will still be going up for sometime now. They’re an extremely conservative bank & loan company, so they grow at a slow but steady pace. They are expanding at a very nice rate, and they rarely try risky endeavors. They’re stock rarely splits (once in almost 20 years), so they rely heavily on growth for the ultimate appreciation.

I have also decided what stocks I will be purchasing this month. I have listed the stock symbol and why I will be purchasing that precise stock.

Symbol Name

DPZ DOMINO’S PIZZA INC – I think Domino’s is the most successful pizza company out there. They keep their prices low and still deliver a great product. They are successful in a boom or bust economy which is always great.

INTC INTEL CORP – Intel recently signed their deal with Mac; which increased their market share by 20%. I think that Mac is a wonderful company, but I am waiting for their stock to go down a bit. I like Intel because with every Mac that is sold, Intel makes money. Good deal!

SU SUNCOR ENERGY – One of the leading oil companies in Canada with huge expansion plans for the next 10 years.

THI TIM HORTONS INC – Tim Hortons recently broke away from their parent company Wendy’s. Tim Horton’s will be expanding throughout the U.S.; which will be eating away some of the market share from Dunkin’.

TXN TEXAS INSTRUMENTS INC – Texas Instruments are the leaders in almost every electronic market in the U.S. They develop the leading college and high school calculator, to the high end DLP TV’s. They’re stock is low and is ready for me to buy it.

VCLK VALUECLICK INC – ValueClick keeps on taking away Google’s web advertising on a daily basis. They’re stock has gone up more than 25% this year and seems like they will keep on going up next year.

WAG WALGREEN CO – Great company and delivers growth every year.

WAIN WAINWRIGHT BANK TRUST CO – This is an “environmentally friendly” bank in the North East. After reading about this company, I found that they have only lost 5% of their customers to either death or moving; which means people love this bank. With proper expansion, they will be an extremely valuable asset. This stock also splits on a yearly basis; which is nice for the young investor.

WEN WENDYS INTL INC – Best fast food company in the world. They have awesome food at a cheap price. That is a great combination in North America.

Comments(2)

Two weeks from now, I will be looking at selling most of my shares of SunTrust so I can rebalance my portfolio correctly. I currently have about 65% of my individual stock portfolio with SunTrust because I had my 401(k) with them. I will sell about $1,100 worth of shares so I can redistribute them in my portfolio.

This is something people usually do either once or twice per year. I usually do it once a year in my stock portfolio and twice per year in my mutual fund portfolio. The reason why you trim your investments is to achieve the best possible return for the following year. You usually sell the shares that have increased in value and trade them for the shares that went down (but they still have to be viable stocks. (No crap stocks!) You do it in every portfolio.

You should always research your investments before you go into it. — All About the P/E Ratio

Read some books about investing and money management. – The 9 Steps to Financial Freedom: Steps 7-9

Here are some of the stocks I will be looking at buying in the next few weeks to rebalance. Some are extremely volatile, but most are just good performers.

• AMD- Advanced Micro Devices, Inc.

• CC- Circuit City Stores, Inc

• DALRQ - Delta Air Lines, Inc.

• INTC - Intel Corporation

• SIRI - Sirius Satellite Radio Inc

• TXN - Texas Instruments Incorporated

• WEN - Wendy’s International, Inc

• WFMI- Whole Foods Market Inc

• VG- Vonage Hldgs Corp

• WAG- Walgreen Co.

• ADM- Archer Daniels Midland Company

• PGH- Pengrowth Energy Tr

• SU - Suncor Energy Inc

• WAIN- Wainwright Bank & Trust Co

• DPZ- Dominos Pizza Inc

• MSSR- Mccormick & Schmicks Seafd R

• THI- Tim Hortons Inc.

I am also in need of some assistance. If you all have any recommend stocks please tell me. I am looking at the tech and energy sectors. Thanks!

Comments(1)