Purchase of HRL
I bought HRL last night, following our article on this stock.
Following our article on Dover (NYSE:DOV), we bought the stock last night before the close, benefiting from a sharp correction on the stock markets.
Following the explosion of CTL's payout ratio to 191.55% and the maintenance of the dividend at 0.725 USD, we decided to sell the stock. The sale on 14.11.2011 resulted in a performance of -0.85% in CHF and 14.92% in EUR.
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In the face of the dollar's devaluation, we have so far taken a number of measures that are certainly useful, but insufficient. Indeed, we have to admit that our performance is weighed down by the strength of the CHF, whereas with the euro as our reference currency, the picture is quite different. As we are focusing on revenues, and as
Find out how the performance of your portfolio can be affected by currency fluctuations, particularly between the euro and the Swiss franc. With an investment strategy focused on stocks that react positively to changes in the dollar, you can optimize your results in your reference currency.
Given the record and worrying strength of the Swiss franc, which is weighing on the performance of our portfolio and Swiss exporting companies, caution is required. Despite limited investment options in this context, particularly in luxury with Richemont or Swiss real estate, we remain patient while waiting for the next dividend distribution period.
The portfolio is recovering thanks to defensive stocks and the rebound of the dollar, despite a profitability still negative in CHF since February. Defensive stocks such as VFC, KO, CTL, ADP and MCD are showing positive performances, while the drop in oil makes commodity-related stocks more attractive.