Ask SUT
-- On average, how long do you keep a stock? For example, when did you start your position in Swift Transportation SWFT? (I notice that you only have 125 shares left.) What are your average buy-and-hold time frames for model portfolio names -- for example, Unilife (UNIS) , Solta Medical (SLTM) , Martha Stewart Omnimedia (MSO) or Vantage Drilling (VTG) ?
Thanks,Nader Q.
Thank you for writing in. It's important to remember that the key to portfolio management is realizing the opportunity cost of everything you DON'T buy. When we buy a stock, we usually plan to hold it for at least three to six months; however, we re-evaluate this decision daily. In some cases, we've held onto stocks for a couple of years.
-- Can you please give me your comments (if any) on OPKO Health (OPK) ?
Thank you,Thomas G.
Thank you for writing in. I have met with OPKO Health's management, but I can't say that I'm a huge fan of the company. We think there are better biotech stocks in the market including a couple that are currently in the model portfolio: DepoMedDEPO and NPS Pharmaceuticals (NPSP) .
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