My picks thus far
Throughout the time that I have run this blog I have periodically chosen a few stocks and funds that I thought looked like winners. Now I am going to take the time to look and see how they have done since I first suggested them.
On 1/24 I chose Under Armour. On a 1-5 scale I gave them a 3.8. When I first recommended them they were trading at $35.66/share. The stock is currently trading at $35.48. Since I have recommended this company it has returned -.504%. During that same time period, the Dow Jones Industrial Average had a return of -.430%, and the S&P 500 has returned -1.42%.
On 1/28 I chose Generex Biotechnology. On a 1-5 scale I rated them a 2.5, right in the middle. When I first recommended them they were trading at $1.31/share. Since then, the stock has returned -12.2%. During the same time period, the Dow Jones Industrial Average returned -.472% and the S&P 500 has returned -1.56%.
On 2/4 I chose American Medical Alert Corporation. On a 1-5 scale I rated them a 3. When I first recommended them they were trading at $6.50/share. Since then they have returned 8.00%. During the same period, the Dow Jones Industrial Average has returned -2.45% and the S&P 500 has returned -3.48%.
On 2/9 I recommended Fidelity New Markets Income Fund. On a 1-5 scale I rated them a 4.5. When I first recommended them they were trading at $14.49/share. Since then they have returned .759%. In the same time period, the Dow Jones Industrial Average has returned 1.18% and the S&P 500 has returned .116%.
On 2/20 I chose Target. On a 1-5 scale I rated them a 3.2. When I first recommended the company they were trading at $53.40/share. Since then they have returned -2.68%. In the same time period, the Dow Jones Industrial Average has returned -.819% and the S&P 500 has returned -1.99%.
Based on this information, we can see that my stock picks mirrored the overall market fairly well. My two exceptions were Generex and American Medical Alert. Generex is an expecially risky company, while American Medical Alert has had some good things go their way over the past few months. I will try and update the performance every once in a while. The most important thing that this update shows is the value of a balanced portfolio.
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