Pete's Picks- Let's pick stocks that will make you a winner !.
The recent confusion in the market is reason for being more selective. When most people are not buying is an opportune time for wise investors to step forward to find good buys. My passion for investing is enough reason to share a list of stocks with an invitation to engage other serious investors. The effort was applied, however knowledge is a necessity to select a list of potential winners. The stocks were primarily selected with fundamentals such as revenue and profit trends, profit margin, price to: earnings and to sales, and other citical matrix. From a technical analysis view I used 2 months with gains over twice that off the overall market, and other typical TA tools. All the companies are ones that I have much experience with thus enough knowledge to also apply my gut feeling. The screening as outlined minimizes my biasness and some of my favorites did not pass this statistical screening. The smaller capitalized companies are more volatile thus I chose a 3 to 4 month target time while the remainder are end of year targets. Generally any stock that gains over 40% in a few months or less are sell canditates and any longer term big gains should also be partially averaged out to take profits. The shorter term stocks are: GIGM, IFO, HOM, & TGC. The stocks with an end of the year target are: PENN, SHFL, IGT, CHK, ATI, COP, VLO, GLW, & CRS. ONE COULD consider GOOG at $400 OR less for a few years target date based on being a world leader in the fastest growing sector. Sell stops are always valid and should be used but it depends on ones risk aversion and preferred technique to reduce their risk. I would buy now if the market is not tanking before you make a decision based on your own analysis. Anyone is welcomed to comment on the list or offer their own list. I would respond to early inquires about specifics on any stock that you wish to comment below. I have an interest in updating "Pete Picks" including ideas presented by others should there be an interest. Best of luck. Pete

2 Comments:
Agree with both of you. Thanks for your comments Sandy and Syl/Charles. Toyota Motors is a good covered long term call for Sandy's criteria. I have to confess these 2 commentors are smarter than myself. Syl has the credentials and Sandy has the looks and the flair. Plus she is a blonde. Syl has been the lead poster on several Yahoo message boards ,has many followers and currently on the WGR board. Anyone looking for meaningful O&G investment guidance would benefit from checking the WGR board.
Ffor clarity: Pete is for writing lont term call options on Toyota Motor.
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