Updated 12 Stock Portfolio - UBS - trackseekingalpha

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Updated 12 Stock Portfolio - UBS
Jul 26, 2009 07:06 AM UTC

trackseekingalpha

Return	Risk
-11.17%	HIGH

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Symbol	Sentiment	Start	Return	Closed
SU	n/a
TD	n/a
PCZ	n/a
CM	n/a

Via Long Investment Ideas from Seeking Alpha:

UBS has made a few changes to its 12-stock portfolio this week, taking a more defensive stance in anticipation of seasonal headwinds in the latter part of the summer.

George Vasic, UBS Canadian market strategist, first swapped Petro Canada (PCZ) with Suncor Energy (SU) ahead of their pending merger. He then replaced Toronto Dominion Bank (TD), rated Neutral by UBS, with Canadian Imperial Bank of Commerce (CM), rated a Buy by fellow analyst Peter Rozenberg.

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