Trimming Positions in Staples and St. Jude Medical
We have indicated in a previous post switching SPLS for DRI and are officially exiting the SPLS position entirely basically at break-even due to valuation reset. At the same time we are exiting our position in St.Jude Medical. STJ has recovered well from manufacturing issues identified in 2012, but we are reducing our exposure to the medical equipment space.[PostStockWidget stock_valuation="" pricetype="live" manual_date="Dec. 21, 2012, 2:04pm GMT" symbolcodes="'SPLS','STJ'" symbolprices="50,50" div_align="right"]