
"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey
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We are adding telephone giant AT&T (T) to the Under-loved, and Under
Appreciated Stock portfolio today with a buy limit of $25.
I recommended AT&T back in 2004 at the World Money Show in Orlando. In
2004, stock was at $25/ share with a 5% dividend. I recommended selling the
stock in February 2007 at $37, for a gain of 48% (not counting the
dividend).
Today, the stock is hovering around $25 again, but the dividend is now
around 6.6%.
We are making one additional change. We are moving Conoco-Phillips (COP-
buy limit $55) from the Top Stock Portfolio (Momentum), to the Under-loved,
and Under Appreciated Stock (Value) since its characteristics are more fit
for value investors, rather than momentum investors.

