Intelligent Investor

Growth Portfolio Watchlist

By · 10 Aug 2001
By ·
10 Aug 2001
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Here's a few stocks that did not make the portfolio, mainly due to a high share price risk, but we'll be keeping our eye on them as potentials for the future.

First up is Sigma Pharmaceuticals (SIG - $2.64). Our last review in issue 84 (Hold for Upside - $2.68) commented that with Faulding being acquired, there may be more takover activity. Next, a couple from our sister publication, the GTS Report. ION (ION - $1.23), a manufacturer of engine components and iron carbide technology licensee has increased 24% since our first review in mid-June (Buy - $0.99). It's still a buy, as is mailing house and billing system supplier, HPAL (HPX - $2.35), as we said in GTS 22 (Buy - $2.15).

We've never reviewed Sabre (SBE - $1.62) a distributor of hair care products, but we do like the look of it. Finally to an old favourite, Westfield Holdings (WSF - $14.50). It's up 7% since issue 82 (Long Term Buy - $13.44) and is still a long term buy. But, we're waiting to see how its international operations are going before including it in the the portfolio.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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