The Nor'easter Top 5

[mrmarket]

Here are my 5 favorite picks from this dump...I will buy one of these soon:

BOFI HSKA MASI TCBI TRCB


Which one do you like? and why??

[billyjoe]

I'd buy HSKA right now on a pullback. It is very oversold, great earnings. Revenue, profit, net income way up. 2nd choice is MASI, but it's up too fast, needs a breather.

--------------billy

[IIC]

I'd buy HSKA right now on a pullback. It is very oversold, great earnings. Revenue, profit, net income way up. 2nd choice is MASI, but it's up too fast, needs a breather.

--------------billy

Billyjoe...How is it that HSKA is Oversold???

[tiedyed1]

Billyjoe...How is it that HSKA is Oversold???

I am guessing Billy is commenting on that 50k big block sold at the end of the day yesterday from someone who took profits.

These top 5 are a tough bunch. I am not keen on BOFI these days as on the residential lending they have always had a niche to do things a bit different (a good thing), however with some possible deregulation they will no longer be a leader in their niche for long. Despite the recent Fed rate hike the yield curve needs to move and that is not happening yet so while banks have had a wonderful run up it will take time for a next leg and it may take sentiment to see some deregulation before that next leg happens in that sector.

For long term the banks are great and once we see some deregulation it is once again off to the races.

For a Mr. Market Pick in shorter time for 15% I am liking both MASI and HSKA. Wish I would have bought MASI at the last top 5 but this company is simply running on all cylinders and in a sweet business. HSKA I like too as pets are profitable to their respective business who service them (from food to medical, nice margins) and HSKA covers all veterinary sectors (not just pets) as well.

Just my .02

[billyjoe]

Billyjoe...How is it that HSKA is Oversold???

Doug, The RSI2 is 20.14 . I like it below 10, but under 40 is oversold according to my screener http://www.investopedia.com/terms/r/rsi.asp
In my opinion it's a buying opportunity, a temporary pullback in a strong upward trend.

------------billy

[IIC]

Doug, The RSI2 is 20.14 . I like it below 10, but under 40 is oversold according to my screener http://www.investopedia.com/terms/r/rsi.asp
In my opinion it's a buying opportunity, a temporary pullback in a strong upward trend.

------------billy

Did not know you used the RSI 2...I've always thot of that for quick daytraders...I use RSI 6 to a certain degree