Our Current Retail Portfolio Stocks (BBBY, CHS, DDS, DKS, SMRT, TLB) aren't often thought of by us as "Contrarian Stocks"*, but they don't seen to be hurting too much in view of Consumer Sentiment being Lower Than Expected in October '10.
However, we did choose these stocks based on a Recovering Economy as opposed to some we may have chosen (but not purchased) for a Declining One; say, a WMT or TGC. That Play seems to be paying off.
*"Contrarian Stocks" are those in Our Ports which go against the Dow, rising in price as the Dow is down and visa-versa.
Oct 15 (Reuters) - Thomson Reuters/University of Michigan Surveys of Consumers' preliminary October consumer sentiment fell to 67.9 from 68.2 in the final September reading according to a report released on Friday. Economists in a Reuters survey expected a preliminary October reading of 69.0.
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