An IDEA to start your new Investing Year with a WINNER. IMHO.

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abstacey

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An IDEA to start your new Investing Year with a WINNER. IMHO.

posted on Dec 31, 2010 08:45PM

Sell your laggards. Get rid of the RIM, GOLDCORP, KINROSS and the like that are so monsterous in size and hampered by overhead.. You will make exceedingly more profit holding WLT than those mentioned or the like .

Walter Inds, (WLT) produces and exports metallurgical coal for the global steel industry in the United States. Annual sales increased 67% over the last 12 months to $1.42 billion. Earnings increased 461% to $6.13 per share. Leading 12-month forecasted earnings are $10.76 per share. Earnings are forecasted to grow at 28% per year.

This stock closed today at $127.84 per share, up $6.45 per share for the week. Leading Financial houses think it is currently worth $214.13 per share. Yep, almost a double in stock price ahead.

With an excellent combination of upside potential and financial performance, this stock is suitable for the most Prudent Investors.

There are 52.9 million shares outstanding and its ticker symbol is WLT on the NYSE.

What a refreshing and bold start to your new investing Year with one of the most Perfect of stocks to own.