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Chasing Value: 2009 blazing picks -- Q3 review

Sheldon Liber — Tue, 10 Nov 2009 14:40:00 EST

Filed under: Major Movement, International Markets, General Electric (GE), Getting Started, Diageo plc (DEO), Anadarko Petroleum (APC), Wells Fargo (WFC), Chasing Value[TM], Anglo American (AAUKY), S and P 500, DJIA, Stocks to Buy, Intuitive Surgical Inc (ISRG), NASDAQ, Annaly Capital Management (NLY), Best Stocks for 2009, American Eagle Outfitters (AEO), EZCORP (EZPW)

The market continues to befuddle the bears as the third quarter earnings and stock prices continued to move in a positive direction.

During this period Washington has taken charge of the auto industry and helped prop it up with the "cash-for-clunkers" program. They continue to subsidize the real estate market with first-time home buyers incentives, and very low interest rates. The banks are being refueled by the Federal Reserve with interest rates as low as zero, while all the time currency stability has been sacrificed. This has driven gold prices to new highs.

This is the third review of my 2009 stock picks through September 30 (see: Chasing Value: 9 picks for 2009 -- APC, GE, ISRG, WFC and more). This years picks have annihilated index comparisons, so much so that I must attribute some of my good fortune to luck. However, I do believe the original reasoning was sound and the outlier nature of the gains certainly a result of an oversold market living in fear.

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Chasing Value: 2009 blazing picks -- Q3 review originally appeared on BloggingStocks on Tue, 10 Nov 2009 14:40:00 EST. Please see our terms for use of feeds.

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Chasing Value: The amazing Intuitive Surgical

Sheldon Liber — Fri, 24 Jul 2009 16:20:00 EST

Filed under: Major Movement, Earnings Reports, Good news, Market Matters, Getting Started, Chasing Value[TM], Stocks to Buy, Intuitive Surgical Inc (ISRG), Best Stocks for 2009

Anybody reading Bloggingstocks.com for any length of time will know that I have been following Intuitive Surgical, Inc. (NASDAQ: ISRG) since its beginning.

Yesterday the company reported strong top and bottom line growth, with profits of $1.62 per share, about 37 cents ahead of analyst estimates, and its revenue of $260.6 million was $30.6 million greater than expected. Intuitive also raised its forecast for procedures performed using da Vinci systems, which can lead to increased sales.

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Chasing Value: The amazing Intuitive Surgical originally appeared on BloggingStocks on Fri, 24 Jul 2009 16:20:00 EST. Please see our terms for use of feeds.

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Chasing Value: EZ Corp down -- opportunity knocks

Sheldon Liber — Fri, 12 Jun 2009 15:00:00 EST

Filed under: Major Movement, Forecasts, Money and Finance Today, Chasing Value[TM], Stocks to Buy, Recession, EZCORP (EZPW)

This has been a good year for many stock pickers and my Chasing Value: 9 picks for 2009 -- APC, GE, ISRG, WFC and more is beating the market to date. The formal review will be published after the second quarter.

Among the stocks that have been doing surprisingly poorly, of the nine, is EZCORP (NASDAQ: EZPW) that owns and operates a chain of pawn shops and cash advance outlets.

Today it is trading significantly lower, from yesterday's close of $12.89, off about 14.5%, bouncing around the $11.00 mark. The stock is down on company news that earnings for the next two quarters and the full year would be down a few cents per share below analysts estimates and earlier company forecasts.

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Chasing Value: EZ Corp down -- opportunity knocks originally appeared on BloggingStocks on Fri, 12 Jun 2009 15:00:00 EST. Please see our terms for use of feeds.

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Chasing Value: Starting 2009 now -- AAUK, APC, DEO, & WFC

Sheldon Liber — Mon, 22 Dec 2008 18:00:00 EST

Filed under: General Electric (GE), Diageo plc (DEO), Anadarko Petroleum (APC), Wells Fargo (WFC), Bargain Stocks, Chasing Value[TM], Commodities, Anglo American (AAUKY), Annaly Capital Management (NLY)

Two years ago I assembled a list of stocks for 2007 and last year I did the same for 2008. The first list remains ahead of the market while the latter did poorer than the market at last check. In both cases I owned many of the stocks. In putting together the 2009 list I am doing something different. I own all the stocks in a new portfolio aggregated in the last quarter of this year.

All of them have been written up already. I discussed this in Chasing Value: Annaly Capital Mgmt -- from watch list to buy and later in Chasing Value: Add General Electric to the list. Now I am adding four more stocks to the list which will be completed before the last trading day of this year. All of them have appeared in my Chasing Value column.

Anadarko Petroleum Corporation (NYSE: APC) and Diageo plc (NYSE: DEO) were discussed in Chasing Value: Oil & Booze -- Anadarko & Diageo.

For my view of Anglo American ADR (NASDAQ: AAUK) See: Chasing Value: Anglo American on sale and Chasing Value: Inflation protection with gold & platinum (AAUK).

I have written about Wells Fargo (NYSE: WFC) many times. In the first quarter I wrote Chasing Value: Wells Fargo may look like a steal in 12 months and most recently I wrote Chasing Value: Wells Fargo the pogo stick.

Continue reading Chasing Value: Starting 2009 now -- AAUK, APC, DEO, & WFC

Chasing Value: Starting 2009 now -- AAUK, APC, DEO, & WFC originally appeared on BloggingStocks on Mon, 22 Dec 2008 18:00:00 EST. Please see our terms for use of feeds.

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