Capital Management Associates Buys Costco Wholesale Corp, Ross Stores Inc, UnitedHealth Group Inc, Sells Stanley Black & Decker Inc, Thor Industries Inc, Air Lease Corp

• New Purchases: COST, ROST, UNH, FANG, KN, CRM, WHR, PPC, PXD, TCEHY,
• Added Positions: AGX, AMZN, BABA, MSFT, RTN, GVA, FRC, FB, GE, CVA,
• Reduced Positions: IRDM, WPX, ORBK, XPO, DLX, WDFC, BR, COP, ADT, CRS,
• Sold Out: SWK, THO, AL, MXL, RDN, BGCP, DIS, XRAY, MIC, NCR,

For the details of CAPITAL MANAGEMENT ASSOCIATES 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=CAPITAL+MANAGEMENT+ASSOCIATES+

1. Microsoft Corp (MSFT) - 20,502 shares, 2.55% of the total portfolio. Shares added by 27.39%
2. Alibaba Group Holding Ltd (BABA) - 9,012 shares, 2.11% of the total portfolio. Shares added by 38.65%
3. Apple Inc (AAPL) - 8,423 shares, 1.97% of the total portfolio. Shares reduced by 1.07%
4. Amazon.com Inc (AMZN) - 799 shares, 1.71% of the total portfolio. Shares added by 52.48%
5. Exxon Mobil Corp (XOM) - 14,550 shares, 1.52% of the total portfolio. Shares added by 25.43%

Capital Management Associates initiated holding in Costco Wholesale Corp. The purchase prices were between $182.61 and $211.75, with an estimated average price of $197.53. The stock is now traded at around $220.98. The impact to a portfolio due to this purchase was 1.05%. The holding were 4,000 shares as of 2018-06-30.

Capital Management Associates initiated holding in Ross Stores Inc. The purchase prices were between $75.77 and $86.62, with an estimated average price of $81.42. The stock is now traded at around $89.54. The impact to a portfolio due to this purchase was 1.01%. The holding were 9,500 shares as of 2018-06-30.

Capital Management Associates initiated holding in UnitedHealth Group Inc. The purchase prices were between $217.2 and $255.98, with an estimated average price of $240.1. The stock is now traded at around $256.16. The impact to a portfolio due to this purchase was 1%. The holding were 3,250 shares as of 2018-06-30.

Capital Management Associates initiated holding in Diamondback Energy Inc. The purchase prices were between $111.55 and $136.76, with an estimated average price of $124.11. The stock is now traded at around $134.49. The impact to a portfolio due to this purchase was 0.99%. The holding were 6,000 shares as of 2018-06-30.

Capital Management Associates initiated holding in Salesforce.com Inc. The purchase prices were between $115.3 and $139.8, with an estimated average price of $127.55. The stock is now traded at around $140.89. The impact to a portfolio due to this purchase was 0.95%. The holding were 5,500 shares as of 2018-06-30.

Capital Management Associates initiated holding in Knowles Corp. The purchase prices were between $11 and $15.93, with an estimated average price of $13.79. The stock is now traded at around $17.86. The impact to a portfolio due to this purchase was 0.95%. The holding were 49,400 shares as of 2018-06-30.

Capital Management Associates added to a holding in Argan Inc by 127.43%. The purchase prices were between $35.3 and $43.4, with an estimated average price of $38.99. The stock is now traded at around $39.50. The impact to a portfolio due to this purchase was 0.75%. The holding were 25,700 shares as of 2018-06-30.

Capital Management Associates added to a holding in Amazon.com Inc by 52.48%. The purchase prices were between $1371.99 and $1750.08, with an estimated average price of $1586.76. The stock is now traded at around $1834.33. The impact to a portfolio due to this purchase was 0.59%. The holding were 799 shares as of 2018-06-30.

Capital Management Associates added to a holding in Alibaba Group Holding Ltd by 38.65%. The purchase prices were between $167.52 and $210.86, with an estimated average price of $190.49. The stock is now traded at around $182.60. The impact to a portfolio due to this purchase was 0.59%. The holding were 9,012 shares as of 2018-06-30.

Capital Management Associates added to a holding in Microsoft Corp by 27.39%. The purchase prices were between $88.52 and $102.49, with an estimated average price of $96.89. The stock is now traded at around $107.57. The impact to a portfolio due to this purchase was 0.55%. The holding were 20,502 shares as of 2018-06-30.

Capital Management Associates added to a holding in Raytheon Co by 65.26%. The purchase prices were between $192.54 and $228.13, with an estimated average price of $210.12. The stock is now traded at around $197.31. The impact to a portfolio due to this purchase was 0.51%. The holding were 5,308 shares as of 2018-06-30.

Capital Management Associates added to a holding in Granite Construction Inc by 51.00%. The purchase prices were between $52.38 and $59.42, with an estimated average price of $56.51. The stock is now traded at around $53.75. The impact to a portfolio due to this purchase was 0.4%. The holding were 16,610 shares as of 2018-06-30.

Capital Management Associates sold out a holding in Stanley Black & Decker Inc. The sale prices were between $132.81 and $157.38, with an estimated average price of $143.99.

Capital Management Associates sold out a holding in Thor Industries Inc. The sale prices were between $93 and $115.2, with an estimated average price of $102.18.

Capital Management Associates sold out a holding in Air Lease Corp. The sale prices were between $41.46 and $45.48, with an estimated average price of $43.34.

Capital Management Associates sold out a holding in MaxLinear Inc. The sale prices were between $15.59 and $23.85, with an estimated average price of $20.23.

Capital Management Associates sold out a holding in Radian Group Inc. The sale prices were between $14.3 and $19.34, with an estimated average price of $16.35.

Capital Management Associates sold out a holding in BGC Partners Inc. The sale prices were between $11.09 and $13.89, with an estimated average price of $12.45.