Jim says his reasons for investing in SUPERVALU (NYSE:SVU) for his Messed-Up Expectations portfolio no longer hold true. All the company had to do was become less bad, and the portfolio would benefit strongly. However, that no longer appears to be the case, as bond traders are demanding much higher yields than when Jim originally purchased the shares. Watch the following video to see why Jim has decided it's time to take his lumps and move on.
Jim Mueller, CFA
Jim is a Senior Analyst for Stock Advisor, Motley Fool Options, and Supernova. He received the CFA charter in 2015.
- Jul 31, 2012 at 12:00AM