No year of loss for the last 10 years. That’s one of the ways
I use to identify stocks worthy of further study. SKT is a prime example. Its
average annual ltotal return for the 10 years ended 12/31/2012 was 22.12%, as
reported by Value
Line Investment Survey.
Four of the five others, too, were into double-digit total
returns: AZO, CPK, ESP, WAB. The sixth, VBF, averaged 7.98% in the 10 years.
Of special interest to me is that SKT is a
real-estate play—and realty appears to be gathering significant strength
just now.
My
five-year chart for SKT shows impressive gains since mid-2009. My three-month
chart for SKT reveals a spring pullback. But my
five-day chart for SKT shows a sharp bounce upward may have just begun. I’m
watching it closely, and you might want to do the same.
Never forget: All investments and savings
are gambles on the unknown future and thus subject to loss.
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