Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please consult with your professional investment advisers prior to making any investment decisions based on information on this website.
With that nickel burning a hole in my pocket, and being under my maximum of 25 positions in my Trading Portfolio, I set out to see if I could find a new candidate for purchase this morning. (It usually doesn't take me too long!)
Checking the list of top % gainers on the NYSE this morning, I found a new name, Covance, Inc. (CVD), which appeared to fit my criteria. CVD, as I write, is trading at $62.56, up $2.39 or 3.97% on the day.
Briefly, the latest quarterly report was strong, the Morningstar.com "5-Yr Restated" financials seemed solid, and the "Point & Figure" chart from StockCharts.com appeared encouraging. With a permission slip in hand, I purchased 119 shares of CVD a few moments ago at $62.52/share. Wish me luck!
COVANCE (CVD) IS RATED A BUY
I shall try to post a more detailed evaluation of this stock later today or tomorrow.
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Regards to all of my friends!