Volatile Markets: Checking our stock picks - Week 5

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Back on August 16, with the Dow opening under 13,000 for the first time since April, our BloggingStocks experts outlined a number of stock plays to ride out this volatile market. Picks ranged from Dow components and other household names to obscure business-to-business giants and foreign market leaders. Here, we review our picks weekly.

Wow! I hope you looked into Peter Cohan's pick, Posco (NYSE: PKX), when our feature ran. Like a broken record, again I ask how long the South Korean steelmaker can continue these fantastic gains -- 44.37% higher in just five weeks! Even if you bought in last week, you'd already be up 10.41%. Phenomenal.

Volatile Markets Week 5 Tops

Also performing handily are two of Sheldon Liber's picks, Huaneng Power International Inc. (NYSE: HNP) and Anadarko Petroleum (NYSE: APC). China's Huaneng rose 1 1/2% since last week to close at $44.99 Thursday, putting it up 18.43% since our virtual purchase August 16. Texas energy concern Anadarko has gushed 4.48% higher since last Thursday, climbing to $52.96, a total gain of 11.54% since our August 16 Volatile Markets feature.

Steven Halpern's Dow 30 picks General Electric (NYSE: GE) and Boeing Co. (NYSE: BA) continue to outperform both the Nasdaq -- up 7.95% since our Volatile Markets feature ran -- and the Dow, which sits 7.04% higher. GE's 1.8% gains last week put it $4.04 higher than its August 16 opening price, for a total five-week gain of 10.86%. After its 2.32% ascent this week, Boeing now sits 9.22% higher -- up $8.55 from $92.70 in mid-August.

Volatile Markets Week 5 Middles

Georges Yared's recommendation, Target Corp. (NYSE: TGT), also cleared the major indices, rising 1.82% to $65.59 since last Thursday for a five-week gain of 9.72%.

Three picks are still in the black but trail the Dow:

Volatile Markets Week 5 Bottoms
  • Coca-Cola Co. (NYSE: KO), another selection by Georges Yared, headed 44 cents higher in the last week, leaving the beverage giant up 5.47% in the last five weeks.
  • Staying in the caffeinated vein, Steven Halpern's recommendation Starbucks Corporation (NASDAQ: SBUX), bubbled out a penny gain for the week, leaving it 3.31% higher since our mid-August feature.
  • After hugging its virtual purchase price for a couple of weeks, Georges Yared's pick Bank of America (NYSE: BAC), climbed 94 cents since last Thursday for a five-week gain of 1.89%.
Things continue to get worse for our two laggards. Sheldon Liber's tip FreightCar America Inc. (NYSE: RAIL) still hasn't gotten back on track, slipping for a second week. RAIL dropped $1.67 since last Thursday, leaving it $3.58 lower than our virtual purchase price -- a loss of 8.25%.

Volatile Markets Week 5 Losers

A different sort of transporation stock, Steven Madden (NASDAQ: SHOO), recommended by Kevin Kelly, can't seem to find a groove. The shoe maker stumbled for the third straight week, falling 7.93% for a full 24.29% loss in the last five weeks. In a bit of mixed news yesterday, brokerage Wedbush Morgan maintained SHOO's "buy" rating, but lowered its 12-month price target from $34 to $23, doing likewise with earnings estimates for 2007 and 2008.

Volatile Markets Week 5

As an index, our volatile market picks have gained 7.48% since the feature ran -- just about midway between the Nasdaq and the Dow. Check in weekly for updates on how our stock recommendations are performing in this volatile market -- don't be stingy with your tips either!


See all the posts in this special report:

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Symbol Lookup
IndexesChangePrice
DJIA+150.2510,058.64
NASDAQ+24.822,150.87
S&P 500+13.781,070.52

Last updated: February 10, 2010: 08:41 AM

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