Hello! Here’s the update on the imaginary stock portfolio we put together back on Jan 1. You’ll also be able to find this in the Check-Back section.
And the round-up for July: only three stocks in negative territory (good), but two of those in double digits (not so good). One the up side, Magna International continues to lead the pack, with a 58% gain since January. The second place finisher is Bombardier Inc., which is up 32% and the bronze medal goes to Sparton Corp., which is up 28%. Overall, nine of our fifteen stocks are showing double-digit gains over the last seven months, which is great.
AEterna Zentaris has taken a pounding, it’s true. However, last week they announced that they’ve recruited and dosed the first patient for the Phase 3 clinical trial of a drug that treats endometrial cancer. I’ve come to realize that pharmaceuticals are a tricky stock market bet. When a drug starts clinical trials, there seems to be a lot of speculation that drives up prices — even though nothing’s really been proven at that point.
|Company Name||Closing Price
|AEterna Zentaris Inc.||2.38 CDN||1.44 CDN||-40%|
|Bombardier Inc.||3.76 CDN||4.96 CDN||+32%|
|Callaway Golf Co.||6.50 US||7.18 US||+10%|
|Cameron International Corp.||56.46 US||59.50 US||+5%|
|Canadian Tire Corp.||81.00 CDN||98.25 CDN||+21%|
|Cott Corp.||8.03 US||8.37 US||+4%|
|Indigo Books & Music||10.68 CDN||10.98 CDN||+3%|
|Koninlijke Philips Electronics||26.54 US||31.79 US||+20%|
|Magna International Inc.||49.68 CDN||78.55 CDN||+58%|
|BlackBerry Ltd.||11.80 CDN||9.02 CDN||-24%|
|Ryder Systems Inc.||49.93 US||58.07 US||+16%|
|Sherwin-Williams Co.||153.82 US||174.17 US||+13%|
|Sparton Corp.||13.87 US||17.77 US||+28%|
|USG Corp.||28.07 US||25.13 US||-11%|
|Westjet Airlines Ltd.||19.81 CDN||21.96 CDN||+11%|
|Total Value $CDN||$179.11||$225.16||+26%|
|Total Value $US||$343.22||$381.98||+11%|