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Stock Picks Bob's Advice

Wednesday, 4 April 2007

AZZ Inc. (AZZ) "Trading Transparency"

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 remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

Earlier this morning I wrote about how I had managed to fortunately hit a first sale point in Jones Soda (JSDA), which for me is a 30% appreciation over my purchase price, and sold 1/6th of my holding....which out of 300 shares represented 50 shares. I also wrote about that darn nickel in my pocket :), which for me means that since I am at 18 positions in my Trading Account, well under my maximum of 25 positions, then with a sale of a portion of one of the 18, that gives me a "permission slip" to add a new position.

You don't have to ask me twice :).

Looking through the list of top % gainers on the NYSE this afternoon, shortly before the close of regular trading, I came across a new name for the blog, a name that I have seen showing up on these lists recently: AZZ Inc. (AZZ). As I write, AZZ is trading at $47.49, up $1.61 or 3.51% on the day. Briefly checking the Morningstar page on AZZ, and the latest quarterly report, things looked good enough for me and I went ahead and purchased 120 shares at $47.34. I shall try to get together a more in depth analysis of AZZ. Meanwhile, I purchased some shares and

AZZ INC. (AZZ) IS RATED A BUY

Thanks again for stopping by and visiting! If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com.

Bob

Posted by bobsadviceforstocks at 1:40 PM CDT | Post Comment | Permalink

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