Sell
United Stationers (USTR)
from 2 for 1 Stock Split Newsletter, recommended at $71 in Investment Digest issue 693, dated April 20, 2011.
When United Stationers was recommended in April, 2011, I wrote “This is not a wildly profitable or fast growing business but...” In retrospect, the “buts” were not enough to make USTR a big winner for us. The stock did provide us with an overall return of 25.2%, or 9.1% annualized, while the Vanguard 500 Index Fund gained 14.9% over the same period, so I can’t complain too loudly. It is a plus that we have sloughed off one of the more volatile stocks in the portfolio. Sell.
Neil Macneale, 2 for 1 Stock Split Newsletter, www.2-for-1.com, 408-210-6881, November 15, 2013