I Bought TSU and TKR - "A Tale of Two Tims"

Based on analysis by Ken Fisher in Forbes Magazine and my own online research, I bought Tim Holding (TSU) and Timken (TKR) this morning.

Tim Holding (TSU) - is Brazil's third largest cellular carrier (with 190 million customers), but has the highest revenue per customer. It is the leading seller of iPhones in Brazil. It had a rough couple of years, but the Brazilian economy is recovering, and Tim is in a good position for growth. It is selling around one time revenue and 16 times Fisher's 2011 earnings estimate.

Timken (TKR) - is an old cyclical favorite of Fisher's. It's an Ohio-based manufacturer of anti-friction and power-transmission components, bearings, specialty steel, seals, and lubricants. According to Fisher, it's products "are basic to any economic expansion and will be throughout this one. Every downturn it gets crunched. In every expansion, it is underestimated. It should be no different this time given that 60% of its sales still come from the U.S.". It currently sells for 13 times Fisher's estimate of 2011 earnings.

Like all my holdings, now that I bought them, I will use the Stock Trading Riches (STR) system to manage the positions.