Performance Counts! (was ABOUT TO PURCHASE STOCKS? Here's 23 ideas ..)
in response to
by
posted on
Apr 12, 2011 09:42PM
We may not make much money, but we sure have a lot of fun!
ABOUT TO PURCHASE STOCKS? Here's 23 ideas ..
Subject: Buying Stocks that show Projected Profit for next Quarter. Unfortunatley this figure is not available on many.
If you are about to purchase Stocks for Investing, those that project increasing EPS for the next Quarter certainly merit considering.
……………………………………..
Symbol-market-price/share-profit nxt ¼
……………………………… (current price and $value)
The results speak for themselves:
6 up, 1 flat, 16 down
$1000 invested in each for a total of $23,000 @ today's value = $22002.76 for a loss of $997.24 plus transaction costs of about $230 less any dividends paid = roughly $1200 (-5.2%) loss over 39 day holding period or -48% annualized.
Not exactly blowing the lights out here.
OK, I'm done. I'll let Charlie have the last word:
http://www.youtube.com/watch?v=WdNsltQXTVU
ebear