Slacker

So I've been slacking with my blog posts and I apologize, especially since a lot has happened since my last post. Pessimism has turned to optimism, and I am now on a buying binge. If anyone has tracked my RLP (Real Life Portfolio) profile on CAPS they'd see that I've been kinda nuts. Besides Philip Morris International (PM), which was a split from my Altria (MO) investment, I've opened positions in First Solar (FSLR), Google (GOOG), Atwood Oceanics (ATW), Cree Inc (CREE), and Visa (V).

I also ended my position in National Oilwell Varco (NOV), which has had a really nice run recently (the sector is really hot right now). I figured that my portfolio is a little energy heavy right now, and I'm more confident that ATW will provide much higher returns than NOV. Also, it doesn't hurt that ATW is a Motley Fool Stock Advisor recommendation! I used the NOV sale funds for my second third in OMTR, which has been neglected for some time by Mr. Market.

I don't recommend getting into FSLR and V right now, but CREE, and ATW are still at very enticing prices. PM is a great stock to get into at any price point because of it's long-term prospects and fairly large moat (e.g. Marlboro brand). Yes, it's not for anyone who believes smoking is wrong and cigarette corporations are evil, but in my opinion, everyone has a choice. Kids nowadays are warned not to smoke, but until society says it's uncool, they will still do it.

Finally, I've also entered a small position in KOF, which is Coca Cola's Latin American subsidiary. I firmly believe that Latin America is the next boom (Brazil has already blown up) despite some political turmoil there, and there's no better non-cyclical good than Coke!