Portfolios trade

Our Growth and Equity Income portfolios have purchased a longstanding member of our Buy list.

Our Growth and Equity Income portfolios have sold approximately half their respective holdings in Carsales at $11.87, reducing their weightings in the stock to about 3%, and have used the cash to buy 3.5% positions in News Corp at $14.91.

Note: Find out how to invest directly in this and other Intelligent Investor and InvestSMART portfolios by clicking here.

Disclosure: The author owns shares in News Corp and Carsales.