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 like AMBA and MIK best so far. MIK is the better bet, I think, tho they do pay their execs a bit to much. The stores do well, and so should the stock.
AMBA has a very nice chart, and should get you the 15% quicker, but if the market sours, then look out below!
NATH is also looking good, revs/EPS both showing strong growth. Should also hit 15%, no sweat.
That's funny---was thinking the same thing as Chambers Street is a subway stop in NYC. Am not a fan of these picks but await hearing the rationale when MM gives the writeup.
My view of the 5 picks:
- AMBA: I played GPRO earnings (and lost), but lots of praise for AMBA and they've done well piggy backing on GPRO
- CBPO: the Chinese market still remains a mystery to me right now
- ECHO: logistics are very appealing to me right now
- MIK: might be a good pick. Good chart and people are spending more money with low gas prices etc.
- NATH: not the biggest fan of the restaurant business
I think of the 5, I would go with MIK. Great looking chart and just passed through a key resistance area. Low percentage of shares floated. Low forward P/E. RSI is getting up there though.
Excited to see Mr. Markets write up. Going to to store to buy meats & cheeses tonight in anticipation of this pick!
CBPO :
I like biotech
I like that they are the second largest plasma biotech in China with 15% of the business with LOTS of growth potential
I like that I can read the majority of their web pages and understand them without Google Translate
I like the way they are transparent (like a US Biotech, but in China) and they are caring for the biggest population on the planet
I like that they sell directly to >1000 hospitals
I like that they were established in 2002, NASDAQ listed in 2009
I like the chart
I like this more than any of the other top 5
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