I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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I have to say that I like HIBB the most in this group. Nice growth story over the last few years, certainly reflected in the chart. Since the recession, the balance sheet and income statement have done nothing but improve year over year. P/E a little on the high side but it is a growth stock. Float is relatively low, volume shows lots of interest lately and the technical indicators are very bullish. Once it breaks out of it's current price there's nothing but blue sky ahead. A 15% gain should be no problem at all in my humble opinion.
I like ROST, it just keeps going up, steady as a rock.
The 'Bama fan that teabagged the LSU fan after the BSC Championship game worked at a HIBB store. They fired him.
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