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Fiserv (FISV)

In today’s Daily Alert we’re doing some housekeeping and issuing sell alerts on four previous recommendations. In addition, click here for an online-exclusive update on Datawatch (DWCH), recommended in November, 2012, and currently rated hold.

Read on for sell alerts on Fiserv (FISV), Tata Motors (TTM), Patterson-UTI Energy (PTEN) and...

In today’s Daily Alert we’re doing some housekeeping and issuing sell alerts on four previous recommendations. In addition, click here for an online-exclusive update on Datawatch (DWCH), recommended in November, 2012, and currently rated hold.

Read on for sell alerts on Fiserv (FISV), Tata Motors (TTM), Patterson-UTI Energy (PTEN) and the E-TRACS UBS Bloomberg CMCI Food Total Return ETN (FUD).

Sell Alert

Fiserv (FISV)

from Cabot Benjamin Graham Value Investor, recommended around $58 on November 16, 2011.

Fiserv (FISV) reached its Minimum Sell Price of 100.02 today. Fiserv was first recommended in the Modern Value Model way back in April 2004 at 34.35 and has advanced 192.4% during the past nine years compared to a gain of 49.7% for the Standard & Poor’s 500 Index.

Fiserv reported solid results for the quarter ended 6/30/13, but the stock’s current 19.2 price-to-earnings ratio is substantially higher than its 10-year average P/E of 13.7. I have learned that selling stocks when they reach their Min Sell Prices delivers the best results. I advise selling your FISV shares now.

J. Royden Ward, Cabot Benjamin Graham Value Investor, www.cabot.net, 978-745-5532, August 6, 2013