Finance Wonk Stock BUY list
Here at the Finance Wonk I buy a position in every stock I issue a BUY rating on and hold it until I report that I'm selling. This gives me a strong motivation to provide updated analysis as more data comes in and as the economic situation changes.
First year review of results - my picks beat the market by 7 to 11% depending on metrics!
- Apple Computer - AAPL - BUY called at $57.40
- ---Call of impending volatility, get out unless you want to ride it, Jan 17th 2007 (at $95)
- Lincoln Electric Company - LECO - BUY called at $53.16
- Dow Chemical - DOW - BUY called at $41.72
- Nokia - NOK - BUY called at $22.82
- Federal Express - FDX - BUY called at $108.33
- Arrow Electronics - ARW - BUY called at $27.33
- IPSCo Steel - IPS - BUY called at $92.71
- ---Analysis on changed tariffs and oil prices Dec 18th, 2006
- Asta Funding - ASFI - BUY called at $33.82
- ---Called: November 06, 2006
- ---Analysis on lowered analyst ranking Dec 18th 2006
- ---Update on debt costs and whether to hold, Feb 12th 2007
All the stocks here were called BUYs for mid-to-long term growth prospects so if they rise a little bit it verifies our analysis and should not scare you off from investing. If the stock is already up 30% or more from the call, you may want to post a suggestion for a reanalysis
- Rising Rates Opportunity Fund ETF - RRPIX - BUY called at $22.25
- ---Called : April 28th, 2006
- ---Sold: August 25th, 2006 at 21.54
- ---Goal: hedging against inflationary pressures. Provided that hedge but turned out not to be needed as economy began to soften without major inflation. 3% loss.
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