Our third week following our "Stocks for a Volatile Market" feature finds a couple of our volatile market picks bruised, but as an index, our selections continue to lead both the Dow and Nasdaq.
At the front of the pack: How much longer can Peter Cohan's pick Posco (NYSE: PKX) keep up its fortunes? Already sitting 19% higher as of last Thursday's close, the South Korean steelmaker has since climbed 6.5% further, closing yesterday at $157.69, $33.68 higher than its August 15 closing price.
China's Huaneng Power International Inc. (NYSE: HNP), Sheldon Liber's tip, gave back some gains in the last week, retreating 1.71%, but remaining a healthy 18% higher than its August 16 opening price. Another pick from Sheldon, Anadarko Petroleum (NYSE: APC), is our last recommendation that's outperforming the Nasdaq -- since trailing both the Dow and the Nasdaq last week, Anadarko has padded its shares by $2.07, and fetches 6.57% more than on August 16.
Three of our picks continue to perform more or less as they did last week, chasing the Nasdaq but outpacing the Dow:
Georges Yared's Target Corp. (NYSE: TGT) recommendation trades 6.04% higher since our feature -- despite slipping 42 cents in the last week -- while Steven Halpern's pick General Electric (NYSE: GE) has gained 5.91%. Sheldon Liber's call, FreightCar America Inc. (NYSE: RAIL), has climbed 4.31%.
Three picks are outpaced by the Dow but still gaining. Two of Steven Halpern's recommendations, Boeing Co. (NYSE: BA) and Starbucks Corporation (NASDAQ: SBUX), sit respectively 3.78% and 3.65% higher in the weeks since our feature. Georges Yared's pick Coca-Cola Co. (NYSE: KO), which last week stood just a penny up from its August 15 closing price, perked up last week, gaining $1.26 to leave Coke 2.38% higher in the last three weeks.
Alas, two of our picks have fallen since our volatile market feature was published. Bank of America (NYSE: BAC) has retreated 0.84% since last Thursday, leaving it at $49.79, 6 cents beneath its August 15 closing price. Shoe and apparel maker Steven Madden (NASDAQ: SHOO) took a 9.82% spill in the last week, putting SHOO shares 3.60% under since our recommendations.
As an index, our volatile market stock picks are 6.74% higher since the feature ran three weeks ago, still outpacing both the Nasdaq (6.32%) and the Dow (3.9%). Keep checking weekly to see how our picks are performing!
See all the posts in this special report:
- Volatile Markets: 11 stock plays for turbulent times
- Steven Halpern: Stick with General Electric (GE)
- Sheldon Liber: Huaneng Power (HNP) is my pick for the next 50 years
- Georges Yared: Target (TGT) is the retailer of choice
- Georges Yared: Bank of America (BAC) offers low risk, high reward
- Steven Halpern: Starbucks (SBUX) is ready for a comeback
- Georges Yared: Coca-Cola (KO) is the Real Thing
- Steven Halpern: Bet on Boeing (BA)
- Sheldon Liber: Ride FreightCar America (RAIL)
- Sheldon Liber: Anadarko Petroleum (APC) has valuable fuel reserves
- Peter Cohan: Dip makes Posco (PKX) a bigger bargain
- Kevin Kelly: Steven Madden (SHOO) will wear well
- Gary E. Sattler: Precious metals are the safest place to be
- Zac Bissonnette: Just ignore it; don't try to time it
Nuclear power is on the comeback trail
Apple backs AT&T in continuing spat with Verizon
Closing Bell: The recession is still over, still... do you feel it?
