There have been annual stock picks contest among Canadian bloggers. You can check the result of last year’s contest here. The winner was Intelligent Speculator with 81.56% return, mostly because of Baidu.

Just like previous years, there is a stock picks contest this year. As a new Canadian blogger, we try to participate in the contest. Our stock picks for 2010 is: ASIA, CAGC, ITC and PEGA (see also our posting here). We don’t expect too much since this is our first contest.

In order to monitor the result of this contest, we have setup a Google Docs spreadsheet and embed in this page (you can also click “Contest” link at the top of this page). It has live stock prices; so you can see live performance of each blogger. As of today, the top 3 positions are:

• Four-Pillars.ca: +3.48%
• 1stmilliondollar.net: +0.63%
• WhereDoesAllMyMoneyGo.com: –0.10%

Links

• Live result of Canadian stock picks contest 2010

It’s actually a little bit too late to publish our stock picks for 2010. We’re in the second week of February right now.

Anyway, since we just started this blog last week, it shouldn’t hurt to publish our stock picks for 2010. Although we invested our real money to invest in these companies; it doesn’t mean it’s buy recommendation for you. Please consult your financial advisor before invest in any of these companies.

• AsiaInfo (NASDAQ:ASIA). AsiaInfo Technologies delivers high quality software and solutions to China’s telecommunication carriers.
• China Agritech (NASDAQ:CAGC). China Agritech is a US company operating in China. It is a leading developer, manufacturer and distributor of environmentally friendly liquid fertilizers.
• ITC Holdings Corp. (NYSE:ITC). ITC is a utility company that delivers high-voltage electricity throughout the central of United States and some parts of Canada.
• Pegasystems (NASDAQ:PEGA). Pegasystems is the industry leader  in Business Process Management software with their patented Build for Change technology.

As you can see, we have 2 technology stocks, ASIA and PEGA. One is for the Chinese market and the other one is for the US market. Then we have an agriculture stock, CAGC. People still need to eat even in recession. Lastly, we have a utility company, ITC. Why utility? We are still not sure how fast we’ll recover from the recession. That’s why; we add a utility company as kind of “hedge”.

We also publish a page that monitors the performance of our stocks pick compared to S&P 500.