Kimberly-Clark added to BeatDown Port

[EagleTed]

<A HREF=http://quicktake.morningstar.com/Stock/financials10.asp?Country=USA&amp;Symbol=KMB>KMB's finances</A> look good enough to me that I added it to the BeatDown Port at $46 per share. I figured it's intrinsic value to be $44 per share based on Free Cash Flow of 1.7 Billion and discounted it at 7%. It's share prices have tanked recently due to guidence down by the company and because of South American woes. It also reported that it will have to add money to it's pension plan.

Still, I think it is a solid company which has proven itself to be a worthy competitor to P&amp;G with it's brands. I have not added it to my personal stable of stocks, although it is starting to look promising. It has more debt than I like, although it's debt seems to be reasonable and in line with most companies.

If anyone is still interested in the BeatDown Port I will revive the topic and give a summary of transactions to date (the best I can from memory). It didn't survive FreeConservatives move to this ISP.

As always, do your own Due Dilligence. This is not a recommendation to buy or sell any individual stocks.

[EagleTed]

Harley-Davidson (symbol: HDI) has achieved "BeatDown" status, beings it's recent decline in price. I've added it to the practice portfolio using the last remaining cash from the sale of drug stocks and techs.

HDI's stock has a P/E ratio slightly over 23, and the price per cash flow is 14.10. In other words, it ain't cheap, folks. It is, however, the sort of consumer goods stock I like. It's sales and profits are at record levels even though we are in the early stages of economic recovery.

Since it's inception, the BeatDown Port is up slightly over $200 to $42,296 from it's initial investment of $42 grand. The S&amp;P 500 is down 5.70% in the same time frame. It remains overweighed with DRI, of which half will be sold and replaced with another company.

While I no longer make weekly reports as to it's progress, I will report any periodic changes to it. And as always:

As always, do your own Due Dilligence. This is not a recommendation to buy or sell any individual stocks.