Chasing Value Update 2: doing well with WFC, APC, ACH, AAUK, CX, and LR

This is the second update on the stock price status of the first six Chasing Value companies. Closing prices are form May 29, 2007. I keep track of my recommendations and anyone considering my commentary should "do their homework" too, just as James Cramer rants on his Mad Money TV show. Since I was tracking these picks I thought I would summarize the findings for our readers. Yes, the time frame is rather short, nevertheless here is the data through the end of May.

February 16, 2007: Chasing value: Wells Fargo: Wells Fargo & Company (NYSE: WFC) closed at $35.32 down from $35.76: a loss of 1.5%.

February 23, 2007: Chasing value: Anadarko Petroleum - got it! Anadarko Petroleum Company (NYSE: APC) closed at $52.40 up from $40.84: A gain of 28.3%.

March 3, 2007: Chasing value: Aluminum Corporation of China ADS: Aluminim Corp. of China (ADS) (NYSE: ACH) closed at $46.16 up from $22.98: A gain of 101%.

March 20, 2007: Chasing Value: Anglo American - Inflation hedge & more: Anglo American plc (NASDAQ: AAUK) closed at $30.32 up from $24.65: A gain of 23%

March 23, 2007 Chasing Value: Cemex and LaFarge look solid: CEMEX S.A. B de C.V. (ADR) (NYSE: CX) closed at $38.88 up from $34.92: A gain of 11.34%. LaFarge (ADS) (NYSE: LR) closed at $43.23 from $39.02: A gain of 10.78%.

So far so good; 6 of the 6 stocks are up and 5 of the 6 beat the market indices and I have not included the dividends. Not bad after all.

Those of you who are new to BloggingStocks can check out my other stories and read Chasing Value or Serious Money to find more potential opportunities and verify my track record as well.

Disclosure: I own APC and ACH in several portfolios.

Sheldon Liber is the CEO of a small private investment company and the vice president for design and research at an architecture & planning firm. Check out his other posts for BloggingStocks here.