This is an update on the stock price status of the first four Chasing Value companies. I was tracking my ideas and thought if I was doing this anyway I might as well share it with readers. I'll be the first one to acknowledge the time frame is rather short, nevertheless here is the data through the end of April.

February 16, 2007: Chasing value: Wells Fargo closed at 35.59 from 35.76: 17 cent loss: Basically even money.

February 23, 2007: Chasing value: Anadarko Petroleum - got it! closed at 46.66 from 40.84: A gain of 14.55%

March 3, 2007: Chasing value: Aluminum Corporation of China ADS closed at 29.05 from 22.98: A gain of 26.41%

March 20, 2007: Chasing Value: Anglo American - Inflation hedge & more closed at 26.39 from 24.65: A gain of 7%

So far so good; 3 of the 4 stocks beat the market and the average of the four, at 12% beat the market by a large margin as well.

Those of you who are new to Bloggingstocks.com 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.

Chasing Value: WFC, APC, ACH, AAUK update originally appeared on BloggingStocks on Wed, 02 May 2007 15:30:00 EST. Please see our terms for use of feeds.

Anglo American plc (ADR) (NASDAQ: AAUK) is really a United Kingdom based company with no American history, although a long history it has. We are continuing our search for value stocks as we very methodically place new money in the market. Our first purchase was an old favorite: Washington Mutual, Inc. (NYSE:WM). We recently acquired it at $40 per share after following it down from $47. Yesterday, Georges Yared posted Washington Mutual: A ridiculously cheap pick in sub-prime panic and we agree with him totally....take a look at the depressed price, the 5.3% yield and more.

We like the Anglo American company and the stock for numerous reasons. It came to our attention initially because it has a 1.17 price-to-sales ratio (P/S), a price-to-book ratio of 1.29 (P/B), and a yield over 2%. To go along with those metrics it has been growing at 15% to 20% over the last few years as the world demand for gold and platinum has increased. You can check out the fundamentals at AOL Money & Finance as a starting point for your own research if you are interested.

Continue reading Chasing Value: Anglo American - Inflation hedge & more

Chasing Value: Anglo American - Inflation hedge & more originally appeared on BloggingStocks on Tue, 20 Mar 2007 18:45:00 EST. Please see our terms for use of feeds.