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The Long Term PowerRating community was quite active during this erratic and volatile trading week. Stocks that primarily hit the low end of the Long Term PowerRating ranking scale are the top stocks on our most requested screener. These uncertain economic times require a proven stock picking method for your long term portfolio. Culling your stocks that have dipped into the "danger zone" of 1, 2, or 3 ratings is particularly critical in these volatile times. Our studies have shown that stocks with a 9 Long Term PowerRating have a 79.1% chance of closing higher one year later, and those with the coveted 10 rating possess an 81% chance of being higher one year later. On the other hand, those with low 1, 2, or 3 Long Term PowerRating have proven to simply be too volatile, thus risky for your conservative, prudent long term portfolio. Our studies were done over the last 12 years, across most market conditions in a statistically sound manner. The current volatile and uncertain market environment makes knowing the Long Term PowerRatings mission critical. Let's take a closer look at several of the "Most Requested". Caterpillar (CAT | Quote | Chart | News | PowerRating) - This 2 Long Term PowerRated stock was the number one name on the most requested list. It's an 80 year old heavy equipment manufacturer, best known perhaps for bulldozers. Uncannily, in light of the world wide economic slow down, they announced record 3rd quarter sales and revenues plus strong guidance for the rest of the year. The CEO, Jim Owens, stated that demand in emerging markets helped offset negative economic conditions in most of the developed world. Price has bounced up from the mid November lows, after forming a double bottom on the daily chart. It's now approaching the 50-day Simple Moving Average at 42.03 but still well below the 200-day Simple Moving Average currently at 65.65.
General Electric (GE | Quote | Chart | News | PowerRating) - The second most requested stock on the screener with a 2 Long Term PowerRating. As can be expected, earnings and revenues were down for the 3rd quarter. GE's capital finance unit was hit hard with 33% decrease in profits. However, the energy infrastructure division's profits increased by 31%. Price has bounced hard off the mid November lows and is now flirting right below the 50-day Simple Moving Average at 19.18. This component of the DJIA is potentially technically setting up for additional upside. It's a good one for your watch list.
Coach (COH | Quote | Chart | News | PowerRating) - This super low 1 Long Term PowerRated stock is in the luxury retail sector. They had a 7% Earnings increase in the fiscal 1st quarter reflected by an 11% gain in Net Sales. However, Gross Profit and Margin were down. Price has bounced off of the mid November lows and is heading toward the 50-day Simple Moving Average presently at 18.79
Learn what you need to know as an active investor looking to invest in companies with a history of financial strength and a track record for growth. Click the link above or call us at 888-484-8220 extension 1 to get your copy of the "5 Secrets to Successful Stock Investing" today! David Goodboy is Vice President of Business Development for a New York City based multi-strategy fund.
Contact us Toll-free 1-888-358-1193 Outside the U.S. please call 1-201-680-7112
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