Stock Ideas
Investors Daily Edge
When a List Isn't Just a List |
By Chris Johnson Dear Reader, Investors vote their approval and disapproval of the Fed by buying or selling stocks. So last week’s 25 bp cut to key interest rates seems to have disappointed, even though the writing of this outcome was clearly on the wall. It was interesting that the Fed announced a plan to... |
|
| More... |
| When a List Isn't Just a List |
| Wednesday, 29 October 2008 | ||||||||
|
America loves lists. We keep track of everything. Lists like the best pizza in a particular city, the 100 best movies ever made, and the best companies to work for all get our attention. One list that interests me every year is the Forbes list of "The 200 Best Small Companies" which comes out this time every year. But I like this list for a reason that might surprise you. I look for the next company to fall. It just seems to be a jinx that they can't shake. Earning a high spot on this list seems like a sure-fire way to send their stock prices into a free fall. It could be any number of factors, such as unobtainable expectations. But whatever it is, if you own shares of a company that is tops on the list, it might be time to cash out and take a profit while others are jumping in on the good news. Here are the top 3 from the 2007 Forbes Best Small Company List: #1 - Hansen Natural: Price when list published: $68 Current: $21 ![]()
#2 - NutriSystem: Price when list published: $31 Current: $11 ![]() #3 - UnderArmor: Price when list published: $56 Current: $18 ![]() Just in case you are wondering, the top 3 spots this year belong to GeoResources (GEOI), DXP Enterprises (DXPE), and Team (TISI).
This investment news is brought to you by Investor's Daily Edge. Investor's Daily Edge is a free daily investment newsletter that is delivered by email before the market opens. It's published by Fourth Avenue Financial, a subsidiary of Early To Rise (an affiliate company of Agora Publishing). In each weekday issue you'll receive practical strategies for protecting your portfolio and multiplying your money. You'll also learn about undiscovered opportunities in emerging sectors and markets, deeply discounted stocks, recommendations for bonds, cash, commodity and real estate investing, and top ETFs. To view archives or subscribe, visit Investor's Daily Edge .
|
||||||||
| < Prev | Next > |
|---|