Hello Friends! Welcome back to those who are returning here and a warm welcome to any new visitors to this blog. I love to hear from readers about suggestions, critiques, questions and you name it so please feel free to email me at bobsadviceforstocks@lycos.com if anything comes to mind! I will try to respond to you and may well list the response on the blog unless you tell me otherwise. As always please remember to ALWAYS do your own due diligence on all of these stock ideas. I AM an amateur investor and thus would really like you to check with your investment advisors before taking any investment action based on information on this Blog and website.
Weekends are for catching up on things. On this website, I like to use weekends to review past selections. We are looking both short-term, now about 9 weeks out, and longer term, about 7 months out. This weekend, I will be looking at the week of January 26, 2004, when I picked six stocks for this Blog.
My first pick was on January 26, 2004, when I selected Lexmark (LXK) for Stock Picks Bobs Advice. LXK was trading at $83.58/share when I posted the stock. LXK closed at $96.16 on 4/8/04 for a gain of $12.58 or 15.1%.
On January 27, 2004, I picked Millipore (MIL) for the Blog at a price of $50.87. MIL closed at $53.70 on 4/8/04 for a gain of $2.83 or 5.6%.
Candela (CLZR) was selected for Stock Picks Bobs Advice on 1/28/04 at a price of $26.38. CLZR split 2:1 on 3/17/04 so our actual suggested price was $13.19. CLZR closed at $17.011 on 4/8/04 for a gain of $3.821 or 29.0%.
The fourth stock that week selected was Cytyc (CYTC) at $14.89 on 1/29/04. Fortunately for me, this is the stock that I DID purchase in my current Trading Portfolio and this has worked out well for me. CYTC closed on 4/8/04 at $22.54 a nice gain of $7.65 or 51.4%.
On January 29, 2004, I also selected Alliance Data Systems (ADS) for the blog at a price of $29.50. ADS closed on 4/8/04 at $34.20 for a gain of $4.70 or 15.9%.
Finally, on 1/30/04, I picked Dendrite (DRTE) for Stock Picks Bobs Advice at $16.99. DRTE closed essentially unchanged from that price at $17.00 for a gain of $.01 (!) or .1%.
Overall this was a GREAT week for stock selections on this blog with all six stocks showing gains: 15.1% for LXK, 5.6% for MIL, 29.0% for CLZR, 51.0% for CYTC, 15.9% for ADS, and .1% for DRTE. The average GAIN for these six stocks was 19.45% for the nine week period!
Thanks so much for stopping by. Please feel free to visit often! If you have any comments, questions, or words of encouragement (my favorite), please feel free to email me at bobsadviceforstocks@lycos.com
Bob