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Stock Picks for 2011

January 3rd, 2011

It’s a new year; and it is time to reveal our stock picks for 2011. As some of you might already know, there is a stock picks competition among Canadian bloggers. Each of us has to pick 4 stocks (American and/or Canadian stocks) in equal dollar amounts to sit for the duration of the year. No changes are allowed until the end of the year.

Here are our stock picks for 2011:

APKT – Acme Packet. It is our stock pick for cloud-computing. We believe that cloud computing is the future and Acme Packet is a strong play in this area. Their technologies enable service providers to deliver real-time multimedia sessions across IP network.

LVS – Las Vegas Sands. This company operates a couple of big casinos around the world, including Las Vegas, Macao and recently Singapore.

MELI – MercadoLibre. It is the e-bay of Latin America. We pick this stock as a play for Latin American market.

YONG – Yongye International. It is a Chinese biotechnology company that research liquid and powder nutrient compounds for plant and animal products. We pick this stock because we are bullish on agriculture sector.

You can follow live-performance of our stock picks in this link. You can see how our stock picks compared to S&P 500 and Nasdaq. We are going to include stock picks from other bloggers once they have revealed theirs.

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Tags: apkt lvs meli nasdaq pick s&p 500 stock yong

Stock Picks Update – H1 2010

July 4th, 2010

We have just passed the first half of 2010. Yeah, time flies so fast.

It’s time to update our stock picks. So far, we are behind S&P 500 and Nasdaq Composite Index. It’s been proven that it’s not easy to beat the index.

ASIA: –28.87%
CAGC: –23.12%
ITC: +0.5%
PEGA: –8.68%
Total: –15.04%

Here is the return of our benchmark:

S&P 500: –8.30%
Nasdaq: –7.82%

There have been also a stock picks competition among Canadian bloggers. Here is the result for first half of 2010.

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Posted in Stock Picks

Tags: asia cagc competition contest itc pega pick stock

CAN SLIM Stocks Filter

April 6th, 2010

Have you ever heard of CAN SLIM? It is a checklist for selecting stocks before their biggest gains. According to American Association of Individual Investors (AAIA), between 1998 to 2008, a portfolio traded according CAN SLIM principles have gained 1,315% versus a loss of 6% in the S&P 500.

You can learn more about CAN SLIM from William O’Neil book, How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition.

Today, we would like to run stocks screener on the first two letters of CAN SLIM, i.e.:

C: Current Earnings. Current earnings should be up at least 25%.
A: Annual Earnings. Annual earnings should be at least 25% in each of the last three years. Annual return on equity should be at least 16%.

Due to limitation of Yahoo Finance’s stocks screener as well as to keep the number of stocks below 100, we have to modify the criteria a little bit, i.e.:

Instead of using the last 3 years annual earnings, we use the last 5 years.
Market capitalization should be $500 million or more because we don’t want to speculate on micro-cap stocks.
Profit margin should be at least 10%.
Average daily volume should be at least 100k because we don’t want any illiquid stocks.

We have created a Google Docs that contains the complete result of this stock filter. Click here to view the complete result.