Volatile Markets: Checking our stock picks, Week 7


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.

In the seventh week since our Volatile Markets stock recommendations, only a few of our picks have seen significant movement.

After stalling last week, South Korean steelmaker Posco (NYSE: PKX), has jumped another $7.39. The 4.08% gain brings Peter Cohan's tip to $188.52, 52.02% higher than its August 16 opening price of $124.01.

Volatile Markets Week 7 Tops

Sheldon Liber's recommendation, Huaneng Power International Inc. (NYSE: HNP), gave back some of last week's 18.08% gain this week. Despite the Chinese utility's 6.53% knock, Huaneng still stands a formidable 30.40% higher since our volatile markets feature ran.

Little change for our next three top performers:

Volatile Markets Week 7 Middles

  • Anadarko Petroleum (NYSE: APC), another pick from Sheldon Liber, climbed 1.77% this week to $54.55, 14.89% higher over the past seven weeks.
  • Boeing Co. (NYSE: BA), Steven Halpern's pick, slipped 96 cents since last Thursday, a 0.91% fall which lowered its seven-week gains to 12.73%.
  • General Electric (NYSE: GE), also recommended by Steven Halpern, picked up 31 cents this week, raising GE 0.75% for a seven-week gain of 12.10%.
Georges Yared's pick, Target Corp. (NYSE: TGT), has recovered nicely from last week's 6.04% loss. Target has made up $3.49 of last week's loss for a total seven-week gain of 9.05% -- behind the NASDAQ (higher by 11.17% since our feature) but outpacing the Dow index (up 8.65% in the last seven weeks).

Volatile Markets Week 7 Bottoms

Georges' two other recommendations posted gains in week seven as well. Coca-Cola Co. (NYSE: KO) rose to 8.39% higher since mid-August with this week's modest 54-cent rise, but Bank of America (NYSE: BAC) has turned definitively higher after performing sluggishly since late August. Just 1.50% higher last week, the banking giant has added $1.80 since last Thursday, a 3.56% gain that left BAC up 5.12%, its best standing in the last seven weeks.

Starbucks Corporation (NASDAQ: SBUX) had another little spill this week. With its second losing week, Steven Halpern's recommended java joint slipped 9 cents below its August 16 price, and now sits 0.34 under.

Volatile Markets Week 7 Losers

FreightCar America Inc. (NYSE: RAIL), Sheldon Liber's pick, may be back on track. After three losing weeks, FreightCar has added $1.45 since last Thursday, lowering its total seven-week loss to just 7.44% under. On the flipside, after its first up-week in a month, Steven Madden (NASDAQ: SHOO), picked by Kevin Kelly, dropped 34 cents last week, falling to -21.45% since our Volatile Markets feature.

So! How's our Volatile Markets Index doing? Hanging in there -- in week seven, our index stands 10.5% higher, trailing the NASDAQ: but nearly 2 percentage points ahead of the Dow. Check back next week to see if we improve!

Volatile Markets Week 7 chart

See all the posts in this special report:
Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 13, 2012: 07:04 AM

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