Monkey Throw Dart: Candidates for a Stock Chart Beauty Pageant?

Wednesday, July 28, 2010

Candidates for a Stock Chart Beauty Pageant?

If you had to list a few stocks that could be expected to increase in price over the next few months, what would they be?

Although there are no sure things, looking at the recent past, I would consider these year-to-date winners. These stocks have proven that the shortest distance between two points is a straight line.

This short list includes stocks that have made new highs within the last two months, and have steadily increased in price since the beginning of the year. Many of these have shown up on past 'hot stock' lists for a reason. Buying on the dips have yielded consistently positive results.

BIDU, Bidu Inc., Internet
CRUS, Cirrus Inc., Electronics
VMW, VMWare, Inc., Computer
DLTR, Dollar Tree, Inc., Retail
ENTR, Entropic Comm., Electronics
VRX, Valeant Pharma., Medical
AZO, Autozone, Inc., Retail

Let's hope that these 'magnificent seven' keep up appearances for the remainder of the year.