Thursday, December 20, 2007

Portfolio Recap: Dec. 20, 2007

Here comes the daily list of the Good, The Bad, and the Ugly. Thursday featured a mix day of trading, but the three major indices finished in positive territory. Tech looked particularly strong after the great earnings performance of Oracle.
THE GOOD:
ART Tech ARTG - Up another dime today and was placed on a 2008 buy list for software services at Forbes; click HERE.
Aspreva ASPV - Looks as though the deal will get done. Click HERE for the court decision.
Core Labs CLB - Higher oil prices lifted the stock 1.6%.
Euronet EEFT - Finished up 1.9% today. A Moneygram shareholder is pushing for the two companies to work out a deal. Click HERE for the story.
Energy Conversion ENER - Back on track. Up 10.0% today.
Focus Media FMCN - Finished up, for the third straight day. That could be a record for this stock.
Frontier Oil FTO - Has been bouncing around lately. Recently announced that the recent fire will cut production, at the plant, in half. Click HERE for details.
Micros Systems MCRS - Up 1.1.% today even though the stock was initiated as a Hold by Wedbush Morgan (Who?).
optionsXpress OPXS - Up 45 cents today. It has been a recommendation on several of recent interviews.
PetroBras PBR - Continues to climb higher, up 2.6%, after nabbing an upgrade from Citi. PBR announced that 2008 production should be up 14%. Click HERE for details.
URS Corp. URS - Was up 3.5% today, and has looked strong since announcing an agreement with TVA to build gas power generators. Click HERE for the details. URS was also granted a contract to provide a study for the Long Beach Freeway; click HERE.
Cimarex XEC - Up for the 4th straight day and hit a new 20 day high of $42.18 in the process.
THE BAD:
Yamana AUY - Down 3.0% as shareholders agreed to the Meridian buyout; click HERE.
Gol Air GOL - Down another 50 cents today after its two day bounce
Kinder Morgan KMP - Down 40 cents today as it caught a downgrade to Nuetral by SMH Capital (Who?).
Urban Outfitters URBN - No one likes retail right now. Finished down today, and that makes 4 of 5 days.
THE UGLY: Reserved for the most precipitous falls from grace.
United Online UNTD - Finished down for the 4th straight day.
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.

1 comment:

Anonymous said...

OPXS may have been a hot stock, but talk to some of their future customers. I was an xpresstrade customer who was acquired. I have been chagrined to learn that their futures platform is unusable. On account value one gets three different numbers simultaneously, depending on the screen. The rsult is that you don't know what you can trade. Call and you are told that they are trying to fix it. I, for olne, will be going elsewhere.