Strong earnings at Rock-Tenn Co. (RKT) helped propel the company to a 14% gain on Thursday, before a CSFB downgrade trimmed the stock price 4% on Friday. RKT’s weekly gain of 8.6% now makes it the top performer in the portfolio (up 24% in a little less than two months) and has helped to increase Portfolio A1’s advantage over the benchmark S&P 500 index to 6.8%.
It is worth noting that while four of the five holdings continue to sport double digit gains since being added to the portfolio, WCG’s lackluster week dropped it in to the red. Some analysts have expressed concern about WCG’s medical loss ratio; continued insider selling probably has done little to reassure investors.
There are no changes to the portfolio for the coming week.
A snapshot of the portfolio is as follows: