The Richest Woman in the World: How Gina Rinehart Earns her Billions
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)"Our latest Focus Stock is a bullish play on Dell Computer (NASDAQ: DELL)," says Chris Johnson, who uses both a technical and contrarian-based approach in his Insightful Investor.
"Dell Computer is one of the largest retail computer manufactures in the world. The company supplies businesses and consumers with PC computers, printers, and other peripherals.
"For years, we've watched Michael Dell's company languish, as a slowdown in PC demand combined with a saturation of the PC market caused DELL shares to fall more than 50%. Now, after spending the past four months trading around the 20 mark, the stock may be ready to make a short-term run.
"From a technical perspective, the stock has recently built a bottom around the 20 level. This comes after bouncing from the lows near 18, which also represents the lows during the bear market started in 2000.
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