(Top Pick Feb12/16, Up 24.02%) He still holds it and has so for years. It is reasonable cheap, rising and stable. About 25% ROE. PE is about 20 times. They have a group of asset you can’t replicate anywhere else. Buy more on weakness.

It is known as a defensive holding. It has a long track record of being successful. There are other firms he would prefer and has a small short on this one. It has a place in a portfolio because it tends not to fall when the market does.

Trump announced a security strategy that included a BB-T partner. But BB-T has been a short for him for a while and they don’t have positive cash flow. They are still in the process of right sizing. He wants to see earnings.

A small short for him. It carries a lot of debt by its nature. On an REO and cash flow basis, it is not one he wants to hold.

They have some catch-up to do on their on-line business. 70% of products are from China and that could be a major headwind for them as well as every other retailer.

It did not do well when it first came out because it was in a bear market. Now it is now up 3-4 fold. It has fantastic momentum, but not valuation and stability going for it, however.

He would not sell winners. Let them run and sell losing positions. It is reasonable and they hit all metrics. 8 times earrings so valuation is pretty good. It also has good price momentum.