(Filed under stock pick, stock picking, top stocks, stock advice, penny stock picks)
We want you to constantly keep growing your income stream…We hope our insights can create your own picks too for good gains..We challenge you to think of pullbacks in stocks as healthy..Our opinion is too much trading is like trying to get too close to the beginning of a forest–too close to the ‘ trees to see the whole forest.’ While all the erratic behavior of bulls and bears swing trading,we hope our analysis with longer term views, you can get a good idea of how large that forest is that the ‘noise receptors’ seem to not see by just looking at the edge of the forest.. The trees and not the whole forest..Also, in our last article ‘Stock Pickers: Mr Hathaway Bank Ripoff Loans-Money Without Being All There’,you can get an idea of what we are talking about… Read about forming other income streams of revenues where too much trading will prevent much of that from happening in that last article..But if you have faith about our picks,we hope to steer you with above average gains if you dont have the time,faith or willpower to make picks of your own..So we will from time to time keep you updated on our 11 stocks recommendations so far..Our last blog update was April 3,2009 where the average rate of return was 17.01% on 10 stocks..The good news if you havent invested in these stocks at our recommendations is we will have new recommendations when we see a great pick for future appreciation..Here is the results as of market close of April 24,2009 :
(Article Tags include stock pick, stock picking, top stocks, stock advice, penny stock picks)
..On our 10 recommendations–I have included the ‘buy’ price of the medium level from the high and lows if a stock was bought on the recommendation the day after it was put on our blog (unless if it was recommended on a trading day, it would applied to that day of the medium price) to the current price of the April 24,2009 closing price…..Here goes:
1.SNHY–recommended at around 14.44 on 2/23/09–current price–17.85-up 23.6%—Current recommendation–hold…
2.ATW-recommended at 14.39 on 2/28–current price is 22.82..Up 58.6 % ..Current recommendation–Hold..
3.KTII-recommended to buy at 58.45 on 2/23–current price is 72.31–up 23.7%…Current recommendation–hold…
4.BOOM-recommended at 10.25 –current price is 14.63-up 42.7%–BOOM has recently been on a tear..(Understatement for sure)..It was at 5.19 a share on 3/9/09 closing after our recommendation on 2/23/09!!…It has since risen 181.9% !!It is impossible to pick bottoms.. Current recommendation–hold long term….
5.MSM-recommended at 29.40 on 2/28/09–recommended to sell the next day which was April 3-about 36.02 was the meduim range price….Lock in gain 22.5%..
6.EZPW–recommended at 9.89 on 2/28–current price-12.53..Up 26.7%..Although weaker than expected forecast for Quarter 3 -the 4th quarter forecast is EZPW will meet expectations and the whole year …Our take,they have 27 straight quarters year over year growth and undervalued making it a hold throughout the year..Dont trade it..
7.TITN-recommended at 8.8 on 2/29-current price is 10.62–up 11.4%..Recommendation–hold for the long term–expect weakness this year and stronger growth next year but we will keep you updated if our long term view on the stock changes..
8. VISA–recommended a buy at 53.00 on 2/12/09-current price is 60.38-up 13.9%..We still say hold through this weeks earnings..We will let you know when to take some off the table–just not yet..
9.MIDD-recommended it at 22.22 on 2/23/09..Its current share price is 44.16 a share… Up 98.7%..Mike owned shares of MIDD-sold all his holdings on April 24,2009..But he will probably most assuredly re buy quickly on a dip or not … Its PEG is around .61..Went up about 25% since the close of April 20,2009..We say its a hold for the next 2 quarters or at a projected price target of 78.00 a share..Projected range we think will reach is September ’09 to October ’09 because the reduction of steel..Recommendation–hold….For more information on MIDD, read ‘Stock Pick Of The Week-Meet Mr No Sale’ that we have on our blog on 3/7/09…Last, out of 10 recommendations–this is the only stock down–
10.AOB..Down 8.3%…Recommended to buy at 4.83 on 2/13/09..Its currently 4.46..Mike owns shares of AOB..Recommendation–buy on any dips of 5% or more when they occur and hold through next earnings-should be slated for around first week of June…
11. CGA-recommended a buy at 3.61 a share on 4/7/09-current price is 4.77–up 32.1%..This stock we believe has great potential..Has several things we like;at least 30% EPS growth rate; at least 10% Revenue growth;at least 15% Return On Equity;minimum 8% pre-tax operating margins;high insider ownership;P/E is at least 1/2 of EPS growth rate..I did say a minimum of 5% of your money recommended at most–if your feel willing -you can bump it to 10% on our opinion..
Average Rate Of Return for these 11 stocks–31.4% since Feb.12,2009 including a 22.5% locked in gain..
Mike currently owns shares of AOB and did own MIDD up until 4/24/09..As of this writing on 4/25/09, he owns no shares of MIDD..But he concedes he most assuredly will probably re buy MIDD very quickly from now on a dip or not..He states MIDD isnt a sell in his opinion and plans to own the stock in the near future..Rob doesnt own any of the above mentioned stocks…Please do your own independent research before you make an investment purchase..See our disclaimer
(Topics Related stock pick, stock picking, top stocks, stock advice, penny stock picks)
