this_week
09-29-07
BUYERS' EDGE INTACT
The focus of this report is on individual names. For broad market perspectives please refer to the blog.
The Growth Stock Landscape - SAMPLE REPORT
Growth Stocks keep the fire burning.
We have a number of potential Setups, and more importantly a handful that qualify for our Buy Radar.
Technology issues maintain their leadership over the broader market.
Monday's breakout of Internet play FMCN gave too much of an upside gap to chase (basically if it opens more than 5% higher it's too much!) but in the same sector we have GMKT and SNDA. See below.
We also see potential in CY as a top fundamental Semiconductor play.
As Energy remains strong we see potential in Solar Energy play STP. This is a Chinese company that actually makes money in the solar industry!
We're also happy to be able to take a 20% profit in recent breakout CMED.
Biotechnology looks solid, and we continue to see promise from our other buy in the sector, CELG.
On our Under 15 list we have biotech play AOB. The less than 15 price makes it riskier, but we like the fundamentals on it nonetheless.
What We Have - What We Like
POSITIONS ON OUR RADAR ARCHIVES POSITIONS (Colored marks hit):
LONGS
Symbol PIVOT Last Stop -8% -5% -2% 10% 20% 100% ACH 28 70.03 33.60 25.76 26.60 27.44 30.80 33.60 56.00 CELG 67.42 71.31 54.05 62.03 64.05 66.07 74.16 80.90 134.84 CMED 35.59 42.79 33.81 32.74 33.81 34.88 39.15 42.71 71.18 OII 46.78 75.80 56.14 43.04 44.44 45.84 51.46 56.14 93.56 SHORTS
Symbol PIVOT Last Stop -5% -2% 10% 20% none SPECIAL SITUATION
Symbol PIVOT Last Stop -8% -5% -2% 10% 20% 100% none *Marked stop-losses and profit targets are set as guidelines. Personal risk tolerance and portfolio allocation varies among traders. We suggest treating each position as two HALVES, with the first stop-losses small, and first profit-target conservative. Your money management should allow you to be profitable if only right half the time.
LONGS - HOLDING
Aluminum Corporation of China Limited (ACH) broke out to a new high. We're going to use a stop at 56 to ensure a 100% profit is nabbed with our remaining position.
Celgene Corporation (CELG) continues to show promise with accumulation and a strong biotech industry. First target 20% at 80.90 and a 5% stop-loss at 64.05.
China Medical Technologies Inc. (CMED) hits our 20% profit mark. A second pivot was identified last week for those who missed first entry. We still like it, but beware recent distribution. First target hit at at 42.71. We're holding a second position with a break-even stop at 35.59.
Oceaneering International, Inc. (OII) hits a new high. Stop-loss set at 56.14 to ensure 20% profit on second half. We're holding out for a 100% profit with second half.
SHORTS - HOLDING
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SPECIAL SITUATION
none
LONGS - ON OUR RADAR
CY Cypress Semiconductor Cp ELECTRONICS - Semiconductor - Broad Line
- Earnings Matrix 1
- ROE of 9%
- RS Rank of 94
- Market support of SIGM
- Solid institutional ownership.
- Good group rating
- Technology sector hot
- Two-month base
- Pivot @ 29.75
GMKT GMarket Inc INTERNET - Internet Software & Services
- Earnings Matrix 1
- ROE of 29%
- RS Rank of 87
- Market support of AMZN, NILE
- Less than desirable institutional ownership
- Top tier group rating
- New stock. GMKT a year old.
- Nine-month base
- Pivot @ 24.60
SNDA Shanda Interactive Ent Ltd INTERNET - Internet Software & Services
- Earnings Matrix 1
- ROE of 23%
- RS Rank of 96
- Market support of BIDU
- Decent institutional ownership.
- Top tier group rating
- Chinese Internet play .
- Two-year base
- Pivot @ 39.18
STP Suntech Power Holdings Co Ltd ELECTRONICS - Diversified Electronics
- Earnings Matrix 3
- ROE of 23%
- RS Rank of 84
- Market support of LDK
- Strong institutional ownership.
- Strong group rating
- Newer stock. Alternative Energy hot
- 21-month base
- Pivot @ 43.63
SHORTS - ON OUR RADAR
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