Here comes the daily list of the Good, The Bad, and the Ugly. All eyes are on the Fed for the meeting on Tuesday. There was some bullishness on the Street sending the major averages up for the day, and the Portfolio up an average of 14.3% since August.
THE GOOD:
Altius Mineral ALS.TO - Up a nickel.
Ansys ANSS - Announced that they will collaborate with a Japanese co., Zuken. The stock closed up slightly. Click HERE for the details.
Anadarko Petrol APC - Up another 1.4% on a big day for energy stocks.
ART Tech ARTG - The stock was up another 3.4% on the day, hitting a new 52 week high of $4.70.
Yamana Gold AUY - Finished up for the third straight day. Hit a new 5 day high of $13.64.
Devon Energy DVN - Up 1.3%.
Encana ECA - Up 1.7%.
Energy Conversion ENER - A nice gain of 4.5% on news that it has inked a deal with SunEdison, the nation's largest solar installer. Click HERE for the story.
Focus Media FMCN - A strong day, up 3.7%, on news that they will purchase CGEN Digital. Click HERE for details.
FirstSolar FSLR - Up huge, closing at exactly $250.00.
Owens Illinois OI - Finished the day up 3.4%, on news that their credit rating was increased to B+ at Fitch. Click HERE for details.
Claymont Steel PLTE - Received a take out bid of $23.50 from a Russian steel co. Click HERE for details. The management unanimously recommends that shareholders accept the offer.
Urban Outfitters URBN - Up another 1.2%. URBN better make its sales numbers, or the stock is going to crash.
Meridian Bioscience VIVO - Finished up for the 4th straight day, hitting a new 20 day high in the process.
THE BAD:
Aegean Marine ANW - Finished the day down 6.1%.
Capella CPLA - The stock continues drop, losing 3.2% on the day.
Frontier Oil FTO - Down 1.1% on a day that saw most of energy do quite nicely.
URS Corp. URS - Down 4 out of the last 5 days, and 1.8% on the day.
THE UGLY: Reserved for the most precipitous falls from grace.
United Online UNTD - Down another 2.8% on Monday. Its spin off, Classmates.com, will likely price its IPO this week. The outlook is not so rosy, click HERE.
Disclaimer: This is a model portfolio, and in no way should these hypothetical positions replace your investment professional. These stocks are recommendations from my interviews with financial professionals, and I am attempting to put the stocks into an easy to understand format. Consult an investment advisor before making any purchases or sales in the equity markets.
Monday, December 10, 2007
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