(Filed Under stock tips,stock picks, stock picking, hot stocks, top stocks )
We cant expect rates of returns to mirror what has occurred the last 2 months in this market.. Expect consolidation at best in the near term to a most probable pullback in our opinion..Bob Pistrani of CNBC,a WallStreet analysis stated the market bottom this year was 3/9/09 on CNBC on 5/5/09..The average rate of return he mentioned of stocks since that market bottom is 34% ,it maybe up about another percentage give or take..Our recommendations since February 12,2009 on all 11 stocks is 44.1 %–roughly about 9% greater than the average exact bottom picker’s return..That is only buyers this year on March 9,2009 and no other day…
..On our 11 recommendations–We 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 May 6, 2009 closing price…..Here goes:
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1.SNHY–recommended at around 14.44 on 2/23/09–current price–16.29-up 12.80%—Current recommendation–hold…
2.ATW-recommended at 14.39 on 2/28–current price is 26.25..Up 82.4 % ..Current recommendation–Hold..
3.KTII-recommended to buy at 58.45 on 2/23–current price is 76.30–up 30.5 %…Current recommendation–hold…
4.BOOM-recommended at 10.25 –current price is 17.85-up 74.1%–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 243.9% since that 5.19 close on 3/9/09 !!! 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-12.76..Up 29.0%…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 througout the year..Dont trade it..
7.TITN-recommended at 8.8 on 2/29-current price is 11.33–up 28.80%..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..
(Tags Include stock picks, stock tips, stock picking, hot stocks, top stocks )
8. VISA–recommended a buy at 53.00 on 2/12/09-current price is 66.19-up 13.9%….Hold..
9.MIDD-recommended it at 22.22 on 2/23/09..Its current share price is 45.31 a share… Up 103.9%..Mike owned shares of MIDD-sold all his holdings on April 24,2009..But he will probably most assuredly rebuy before earnings that should be around the beginning of June.. Its PEG is around .73…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..
10.AOB..Up 3.7%…Recommended to buy at 4.83 on 2/13/09..Its currently 5.01 and up on 5/7/09 another 15 cents as of this writing..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 6.23–up 72.60%..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–44.1% since Feb.12,2009 including a 22.5% locked in gain…
Mike currently only owns shares of AOB and owns no other shares in the above aforementioned stocks as of this blog publication..Rob owns no current positions of the above aforementioned stocks..Please do your own independent research before you make an investment purchase..See our disclaimer….
(Topics Include stock tips, stock picks, stock picking, hot stocks, top stocks )
