Paul's Hot Stock Pick Of The Week
- Date: 2007-06-10 - Word Count: 363
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STOCK PICK OF THE WEEK
Twin Disc (TWIN) is forming a consolidation area on quieting volume after a bit of a shake out a few days go. Twin Disc designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment primarily in the United States. TWIN carries earnings and relative price strength readings in the high 90's and a B ranking in terms of institutional sponsorship.
MARKET COMMENTARY
With solid employment growth, as seen in Friday's jobs growth for May and a tame reading on the inflationary component of the report, the Dow and S&P 500 indexes set new highs last week, taking a lot of leading stocks higher with them. Along with the growing prospects of a strong 2nd half of 2007, the market continues to flash signs of institutional accumulation, as indicated by strong volume on up days. There is also a growing number of growth stocks now starting to break out-something which had been noticeably absent just a short couple of weeks ago as the Dow was hailed as Wall Street's undisputed leader. So all in all, a solid uptrend in the market with few disturbing signs on the horizon at the moment. In economic news this week, look for Tomorrow morning's factory orders for April, the Institute for Supply Managemen'ts services report Tuesday morning, and the revised 1st quarter production and crude oil inventories on Wednesday morning.
RECENTLY FEATURED STOCK PICKS:
Leading stocks mirrored strong market conditions last week. Take recently featured stock pick Millicom International (MICC), for example. It blasted up $7.14 Friday, $5.45 above our buy point. Another of my stock picks, Cynosure (CYNO). broke out Friday on big volume too. Baidu.com (BIDU) broke out last week, briefly retested its buy point, then sailed $7.41 above our original buy point by Friday's close. Flotek (FTK) broke out Thursday, and ended the week nearly $5 above its buy point. Then there were Temple Inland (TIN), Netgear (NTGR), BASF (BF), Century Aluminum (CENX), and Amerigon (ARGN) which were also in breakout mode. Why, even Wimm Bill Dann (WBD), featured here at the beginning of May suddenly hit its mark, and now resides $3.37 above our buy point.
Want more stock picks: Visit http://www.StockConfidential.com
Twin Disc (TWIN) is forming a consolidation area on quieting volume after a bit of a shake out a few days go. Twin Disc designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment primarily in the United States. TWIN carries earnings and relative price strength readings in the high 90's and a B ranking in terms of institutional sponsorship.
MARKET COMMENTARY
With solid employment growth, as seen in Friday's jobs growth for May and a tame reading on the inflationary component of the report, the Dow and S&P 500 indexes set new highs last week, taking a lot of leading stocks higher with them. Along with the growing prospects of a strong 2nd half of 2007, the market continues to flash signs of institutional accumulation, as indicated by strong volume on up days. There is also a growing number of growth stocks now starting to break out-something which had been noticeably absent just a short couple of weeks ago as the Dow was hailed as Wall Street's undisputed leader. So all in all, a solid uptrend in the market with few disturbing signs on the horizon at the moment. In economic news this week, look for Tomorrow morning's factory orders for April, the Institute for Supply Managemen'ts services report Tuesday morning, and the revised 1st quarter production and crude oil inventories on Wednesday morning.
RECENTLY FEATURED STOCK PICKS:
Leading stocks mirrored strong market conditions last week. Take recently featured stock pick Millicom International (MICC), for example. It blasted up $7.14 Friday, $5.45 above our buy point. Another of my stock picks, Cynosure (CYNO). broke out Friday on big volume too. Baidu.com (BIDU) broke out last week, briefly retested its buy point, then sailed $7.41 above our original buy point by Friday's close. Flotek (FTK) broke out Thursday, and ended the week nearly $5 above its buy point. Then there were Temple Inland (TIN), Netgear (NTGR), BASF (BF), Century Aluminum (CENX), and Amerigon (ARGN) which were also in breakout mode. Why, even Wimm Bill Dann (WBD), featured here at the beginning of May suddenly hit its mark, and now resides $3.37 above our buy point.
Want more stock picks: Visit http://www.StockConfidential.com
Related Tags: hot stocks, stock picks, stock picking, stock advisor, picking stocks
Paul Johnson is an internet, real estate and stock market entrepreneur and publisher who has written a number of articles, ebooks and publications. Your Article Search Directory : Find in Articles
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