Monkey Throw Dart: Return of the 1% Solution

Monday, February 14, 2011

Return of the 1% Solution

Once in a while I scan for stocks under $50 that have the habit of producing at least a 1% (give or take) intra-day gain every day for the last month. Last time I checked RBCN and DRV held that honor for quite a while. The two that popped up this time were:

NetLogic Micro, (Stock Symbol:NETL), and
Healthspring Inc., (Stock Symbol: HS)

NetLogic has been consistently rising at least 1% intra-day for 21 of the last 22 days. Healthspring comes in a close second with 1% intra-day gains 86% of the time.

More importantly, the charts for both stocks, over a six month time frame, are impressive with gains of 71% for NETL and 81% for HS.

hs

netl