Stock up
Well February was a much better month for both resolutions and stock investments.
First, my 2010 RAP (Resolution Assessment Page)is looking much better with lots of smiley faces. Check it out.
Both of my February watch lists soundly beat all the averages!
February Starting Lineup +11%
February Bench +6%
DOW +2%
NASDAQ +4%
You will notice below that some stocks from my February watch lists have carried over to my March watch lists as well.
I have also included some riskier or questionable choices as well. They may be well suited for a longer investment as I will explain later.
Here is my March Starting Lineup:
EZPW Ezcorp Inc
This company lends or provides credit services to individuals to meet their short-term cash needs. It offers pawn loans, which are non recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, tools, sporting goods, and musical instruments.
As of September 30, 2009, it operated a total of 910 locations consisting of 369 the U.S. pawnshops, 62 pawnshops in Mexico, 477 the U.S. short-term loan stores, and 2 short-term loan stores in Canada.
In today's economy this stock has seen nothing but strong growth lately.
GHM Graham Corp
Is one that has been on my stock lists before but not recently due to selling pressure and uncertainty with the economy and exchange rates. But they do have a good pipeline of contracts lined up and the stock is now sitting at a more attractive buy point.
AAPL Apple Inc
This one is self explanatory but, believe it or not, not a stock I often put on my lists and even more seldom buy except on big price drops. It showed up on my screens this time and seems to be holding a good support level and has shown signs of gathering strength lately.
AFAM Almost Family Inc
Together with its subsidiaries, provides home health services in the United States. The company operates through two segments, Visiting Nurse and Personal Care.
Lately the stock has fallen off a bit and upon closer examination might be setting up nicely into the last stage of a "W" pattern.
CAH Cardinal Health Inc
This is a carry over from my previous months watch list and it has once again made my screening lists.
Lately the stock has experience a bit of an uptick in money flowing into the stock and is looking to break past the $34 resistance point. This could be setting up for a breakout if it is successful.
FDO Family Dollar Stores Inc
Another carry over from last month and continues its slow but steady rise above its break out point. With favorable reports from similar stores such as the Dollar Tree, there just may be more fuel for this slow but steady stock to rise further.
HQS HQ Sustainable Maritime Industries Inc
Yes, another carry over that is also experiencing money flowing into the stock. It has not quite taken off like one may have expected, mostly due to other economic factors, but this stock is still worth a spot on the watch list.
LHCG LHC Group Inc
provides post-acute health care services primarily to Medicare beneficiaries in rural markets in the United States.
This is another stock, which if it holds above its low support level, looks like it too could be entering the last part of a "W" pattern or a modified double bottom pattern.
MFW M & F Worldwide Corp.
together with its subsidiaries, provides check and check-related products, marketing, and contact center services to financial and commercial institutions, as well as directly to individual consumers in North America and internationally.
I was reluctant to put this one my watch list even though it made it past my screens simply because my natural instinct is that this type of service and product is not as in demand now a days as it used to be. But judging by the fact it has been and continues to be profitable, it is clear this stock deserves another look.
RGR Sturm Ruger & Co Inc.
engages in the design, manufacture, and sale of firearms in the United States. The company offers its products under the Ruger name and trademark.
This stock has recently pulled back off of yearly highs and may be ready to go back up. This is another one which has looked stronger lately with a modest price increase and influx of money.
Listed below is my March Bench watch list.
This list, as you may recall me saying earlier, has some less favorable and riskier stocks which might be better investments for the long haul rather than the short term.
LLY Eli Lilly and Co
Another stock I usually do not invest in but this time it did make my screens and seems to be setting up a decent support base.
ARO Aeropostale Inc.
If you are willing to bet on the retail market, this stock seems to be in a decent holding pattern. Look for a bit of a dip in price so long as it does not go below $33.
COCO Corinthian Colleges Inc.
One of my decent winners from last month, and I still like this stock. I just think it is due for a bit of a cool off and pull back. But, I've been wrong before, so who knows.
GME GameStop Corp.
I've said it before, and I'll say it again. Never catch a falling knife. Which is exactly why this stock should not be on my list. However, it is approaching both 2 and 5 year support lows!
If anything, there might be a bit of a bounce back up but this stock is at a point that it is almost intriguing to watch but not quite ready to invest in yet.
GXDX Genoptix Inc
provides specialized laboratory service that focus on delivering diagnostic services in the United States. Its services include COMPASS service offering, in which the companys hematopathologists determine the appropriate diagnostic tests to be performed, and then integrates patient history and previous and current test results into a comprehensive diagnostic report; and CHART service offering, in which the hematologists and oncologists receives a detailed assessment of a patient's disease progression over time.
With that said, another company that is new to my screens and I have put as a watch. It too, has recently fallen off of high points and has shown a slight but steady increase in strength.
HRL Hormel Foods Corp
This stock has had a good, but sudden, increase in stock price. I prefer to wait and see if it establishes itself into a good pattern or instead continues to fall back down, especially below the $40 level.
ISSI Integrated Silicon Solution Inc
A semiconductor company, designs and markets integrated circuits for digital consumer electronics, networking, mobile communications, automotive electronics, and industrial markets.
Another stock worth watching to see if it establishes a good support level or falls back down after its recent run up.
LANC Lancaster Colony Corp
engages in the manufacture and marketing of consumer products in the United States. The company operates in the following segments: Specialty Foods, and Glassware and Candles.
Again, recently it 52 week highs, repeatedly, and I rather it to fall back instead of continue upwards, but like the others, worth watching.
MAT Mattel Inc.
Has had a good financial report and seems to be leveling off nicely. Even with its recent run up in price, this stock is relatively inexpensive to its peers and continues to be profitable. Definitely worth a watch.
STRL Sterling Construction Co Inc
a heavy civil construction company, through its subsidiaries, engages in the building, reconstruction, and repair of transportation and water infrastructure in Texas and Nevada. Its transportation infrastructure projects include highways, roads, bridges, and light rail; and water infrastructure projects comprise water, waste water, and storm drainage systems.
This stock looks like it is trying to establish slow but steadily increasing low points in its stock price. Meaning it may be ready to start another upward trend.
They report this month on the 16th.
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