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.)
If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
I have narrowed my choices of my next investment to a number of stocks. I was wondering which of these you guys liked and why.
WSTC, GIL, TSAI, JLG, DGIN
My question for you:
Why do you like these stocks? I assume it is not the chart that moved you to select them, and that probably your study of their bottom line has prompted their selection. So what is it about these that you like?
You like DGIN the best? REally?? Breaking support on high volume IS NOT a good sign and if this thing break's friday's lows (50dma) it's going dowwwwnnnn!
TSAI was they had the second highest quarterly revenue growth in their industry with 7.5% which I feel could go up dramatically. They have a huge gross margin percent with 73.65%. Their cash covers their long term debt as well. I just think if you are looking for a long term investment this is one.
JLG just looks like an up and coming stock, it will have to work hard to gain market share from CAT but I like its position. Its recent quarterly revenue growth has been in excess of 58%. And I see that likely to move up.
GIL was a stock I originally purchased in Jan. while I held it, it went up some 70% and I sold on what I thought was a good time although I may have been wrong. I just think it will keep moving up.
WSTC has a quarterly growth rate of 30.4% which seems to be rather consistent. An EPS of 1.845. This stock is one that could grow with time.
Those are just some of the reasons I liked the stocks. I don’t necessarily always buy by looking at charts. Especially if I feel it may be a long term investment. I don’t know I’m new at this and just learning so if any of you have any advice I’d love to hear it. Thanks again for your help.
Omaha,
Thank you for your response. Certainly your picks have impressive FA stats, and are worthy of looking at. Now you just need to time the buys right with the market trend, and with the chart of the underlying security. Some of those stocks had excellent entry points several days ago.
You guys help out tremendously, hopefully as I learn more I wil be able to contribute to your own success as well, right now I just don't feel knowledgeable about stocks to help you. Thanks again I appreciate it.
I agree with Spike JLG looks the best to me. The chart shows a nice orderly pattern in its movement. It has been in a steady uptrend since around May of this year. Aug gave a little pull back and now it might resume the up trend.
JLG is in currently in the number 4 spot just below CMCO JOYG and CAE.
Comment