Nasdaq 100 Stocks - A "New" Market [Well Sort of]
Nasdaq has thrown out a host of stock out of its mangled Nasdaq 100 List. Here is our update on all 100 of them...the good, bad and mostly ugly
(PRWEB) January 12, 2003
January 7th, 2003 w/closing prices a/o 1.6.03
A New Market [well, sort of]
OUR BUY SIGNAL OF JULY 11TH, 2002
IS STILL VERY MUCH INTACT
[But not the stocks YOU likeÂ…the stocks I LIKE]
Using, AXXel Knutson's
VTAR™
["Volume Trade Analysis Research"™]
"Manage the riskÂ…the profits will take care of themselves"
"In this business, being right is not as important as making moneyÂ…consistently, and one of primary tenets of the quest is the avoidance of the 'obvious risk'"
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Here is what I babbled July 11th, 2002:
". UPDATE July 11, 2002: This index is OVERSOLD. We may dislike itÂ…but there is money to be made here we think and that overrides bias.
NASDAQ 100Â…. Just icky Blah Nasdaq 100: 1452.17 on 2.11 and now pathetic 1439.55 - Chart courtesy of Clearstation. com [FYI: Composite 1772.15 and now 1817.06][DJ-30=9680.32 ON 2.11 & now 10,401]Â… and now the "non-blah" S & P Mid-Cap 400 [how about a hand for this index?]
And now the stocks of the NAZ 100Â…I hate most of these stocks, but I know you have this cocaine - like addiction to these god-awful names, so to wean you off the milk of these pathetic companies, here is my opinionÂ…feel free to go to the movies or hop on a bus to see where it finally ends up]. The government will likely give us some Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with. . UPDATE July 11, 2002: I still hate most of these stocks, but in spite of my general hatred of them, many do appear massively oversold. And that we will buy.
These were added on December 23rd:
* C. H. Robinson Worldwide, Inc. (Symbol: CHRW)
* Expeditors International of Washington (EXPD)
* Fastenal Company (FAST)
* First Health Group Corp. (FHCC)
* Gentex Corp. (GNTX)
* Henry Schein, Inc. (HSIC)
* Lamar Advertising Co. (LAMR)
* PETsMART, Inc. (PETM)
* Pixar (PIXR)
* Ross Stores, Inc. (ROST)
* Ryanair Holdings plc (RYAAY)
* Whole Foods Market, Inc. (WFMI)
* DENTSPLY International, Inc. (XRAY)
Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..
January 7th, 2003"
Now here is the current babbling about the equities market [I just hate talking about the market because the "market" is not how we make money. We make money by selecting those industry groups that can have rapid and sustained price movement with relatively low risk. Anyone can flip a coin and buy JDSU and then sit on the curb and pray. It is not our style.
Nevertheless, EVERYONE wants me to babble about the market, so here it is anyway.
Dow chart is courtesy of Clearstation. com
"Our" bottom of July was tested again in October [you may recall that "sinking feeling" but nevertheless those are good bottoms unless one is referring to M. Monroe, of course.
Additionally, the consolidation of the advance in the fall further confirmed the lows and with 11 quarter point rate drops and one 50 point rate drop courtesy of Big Al and the "I am asleep at the switch boys at the Fed" [can you really believe that it took them 12 rate drops? Can you imagine just how sleepy this group really is? Of course you canÂ…. I can.
And here is that index [the Nasdaq 100] we have loved to hate so much and with Nasdaq throwing in the towel, it is now A BRAND NEW indexÂ…if you throw out a third of the stocks and start overÂ…just what kind of an "index" is this anyway? Very icky mathematics for sureÂ…we will call this the "Index that will remain an index as long as the junk in the index keeps going upÂ…then when the stocks in the index crash, we will simply replace all the stocks and start over thus giving the investing public renewed faith in our index [for awhile anyway]." I know it is a long name for an index, but we will simply call it the "icky index" for short and you will know what we mean.
The Nasdaq 100 "Icky Index" courtesy of Clearstation. com
It being the icky index that it is, retested with a vengeance in October of 2002 but we do have a bottom and since a third of the stocks are brand new, we will now have to develop brand new hatreds for many of the stocks "they" stuck in this "thing."
Shall we go through them anyway? Why not? Nah, I don't want to. OK, just this once but don't press your luckÂ…I COULD put these in alphabetical orderÂ…but that is so orderly isn't it? I thought you would agree.
HERE ARE THE STOCKS [if you want to call them that] all 100 of them!
CIENA Corporation | CIEN Last Sale: $ 6.46 A nice short covering move out of the consolidation from the October low sub three bucks. Somewhat speculative to buy such a spike, but a break of six could interest us as a trader.
Brocade Communications Systems, Inc. | BRCD. Last Sale: $ 5.16 quite the cancerous dribble from massive heights. Everyone who wanted to sell likely has. Yet that is the only thing to recommend it. I suppose higher.
JDS Uniphase Corporation | JDSU Last Sale: $ 3.05 July and October bottoms tested once again in the fall and that was successful. Fundamentals no doubt stink, but stocks bottom in advance of good news and analysts jumping on the bandwagon. So jump if you want and you could have an objective of about 4-5Â…but high risk and you know it.
Juniper Networks, Inc. | JNPR Last Sale: $ 8.05 very similar to CIEN and JDSUÂ…same comment.
Sanmina-SCI Corporation | SANM Last Sale $ 4.58SANM "Â…provides customized integrated electronic manufacturing services, including turnkey electronic assembly and manufacturing management services to original equipment manufacturers. For the fiscal year ended 9/28/02, sales totaled $8.76 billion, up from $4.05 billion. Net loss totaled $2.70 billion vs. an income of $40.4 million. Results reflect progress in capabilities in fiber optic design and assembly and test, offset by the inclusion of a goodwill impairment charge." We dislike the losses of course, but the stock is performing very well and the July/Oct lows are consolidated. OK for spec buy.
Network Appliance, Inc. | NTAP Last Sale: $ 11.63 the recent break of ten was very constructive. We now rate a "buy." Enterprise software storage stocks have lifted as a group, note EMC at $6.90 gapping to the upside. As a refresherÂ…here is what they say they do: "Network Appliance, Inc. is a provider of enterprise network storage and data management solutions. NetApp network storage solutions and service offerings provide data-intensive enterprises with consolidated storage, improved data center operations, economical business continuance and efficient remote data access across the distributed enterprise. NetApp products consist of filer storage appliances, NearStore appliances, NetCache content delivery appliances, data management and content delivery software and support services. All NetApp systems come packaged in rack-mountable enclosures that can be installed in a customer's existing server racks or factory-installed and configured in cabinets."
NVIDIA Corporation | NVDA Last Sale: $ 13.31 a decent July and October bottom followed by a panic-attack crash in early November 2002. All good for the stock. We can be constructive here. Buy.
Tellabs, Inc. | TLAB Last Sale: $ 8.93 about the same as the rest of the groupÂ…a delayed reaction bottom1. The recent up spike has a price to payÂ…the down spike. Buy the down spike.
Novellus Systems, Inc. | NVLS Last Sale: $ 33.57 big market spikeÂ…buy the reaction sub $30...not here.
Microchip Technology Incorporated | MCHP Last Sale $ 27.51 market related only and a reaction to the crunch in mid Dec. We will wait. No opinion.
ADC Telecommunications, Inc. | ADCT Last Sale: $ 2.84 very nice 50% short squeeze so buy the reaction when the panic subsides and that could be a break of
Broadcom Corporation | BRCM Last Sale $ 17.66. July was hardly the bottom and October and November surely an improvement and now the short are in panic mode after the 12-20+ move in late November. Traders may trade, but invest? I hardly think so.
Siebel Systems, Inc. | SEBL Last Sale: $ 8.55 exhaustion on the downside leaves no other alternative but to press the shorts and press they are. Traders may find attractive on low volume.
Maxim Integrated Products, Inc. | MXIM Last Sale: $ 38.26 and we expect a press now of the November high and that is about $45.
EchoStar Communications Corporation | DISH Last Sale: $ 25.51 Strong buy. Here we can actually get behind oneÂ…make that two of these stocks. DISH is the first, General Motors Corp H is # 2 [GMH-11.80] Here is recent news Courtesy of AP Digital:
6 Jan 2003, 5:35pm ET
"General Motors Corp. will announce plans within 60 days for its Hughes Electronics Corp. unit, which scuttled a proposed merger last month with EchoStar Communications Corp. amid government objections to the deal, GM chief executive Rick Wagoner said Monday.
A Hughes-EchoStar marriage would have created the nation's largest pay-television service.
Wagoner, in an interview at the North American International Auto Show, said GM likely would take another month or two to decide what it will do regarding Hughes.
"There's interest among others in various forms of transactions," Wagoner said. "So we'll have options. We just haven't decided yet what makes the most sense for Hughes and GM."
Last month's development clears the way for News Corp. to renew its interest in Hughes, owner of the DirecTV satellite television service. EchoStar owns the rival Dish Network.
News Corp. chairman Rupert Murdoch had been in talks with GM for more than 18 months to buy Hughes before the Hughes-EchoStar deal developed in October 2001.
Murdoch coveted DirecTV as an adjunct to the satellite TV services News Corp. operates overseas. Acquiring DirecTV would give him a global satellite television network.
News Corp. spokesman Andrew Butcher said Monday the company was not in negotiations with GM but that Murdoch has indicated he'd renew talks if Hughes became available.
"We'd definitely look at it," Butcher said.
Hughes and EchoStar said they terminated the merger because it couldn't be completed quickly enough after the Department of Justice, 23 states, the District of Columbia and Puerto Rico took action to block it, and the Federal Communications Commission sent the merger application to a hearing.
The planned merger, which would have created a single powerhouse satellite TV service with 18 million subscribers, was criticized for eliminating competition in some markets.
Opponents of the EchoStar deal said the merger would have reduced consumers' options for multichannel television and would have created a monopoly in rural areas where cable television is not available to as many as 22 million homes. Shares of GM rose 95 cents to close at $39.49 and GM Hughes shares rose 55 cents to $11.80 in trading Monday on the New York Stock Exchange."
Echostar chart is courtesy of Clearstation. com
We rate Echostar a Buy.
General Motors Corp H chart is courtesy of Clearstation. com
We rate General Motors H [GMH] a Buy. Not a part of Nasdaq 100
QLogic Corporation | QLGC Last Sale: $ 40.12 Naz market relatedÂ…no superior strength other than that. Has nothing to do with thinking in San Francisco.
Nextel Communications, Inc. | NXTL Last Sale: $ 13.47 - if a triple bottom at 11 is any help, here it is. We expect extension of the move.
Applied Materials, Inc. | AMAT Last Sale: $ 15.41 after likely whipsawing every trader in the market, it finally found a bottom in tax loss selling season and, of course, after those same trades decided to throw in the towel, we can now see extension to the $20 number.
Comcast Corporation | CMCSA Last Sale: $ 25.97 we can get behind this as well. Buy.
RF Micro Devices, Inc. | RFMD Last Sale: $ 8.57. The shorts are panic-strickenÂ…for a while only.
VERITAS Software Corporation | VRTS Last Sale: $ 18. Neutral/Positive.
Xilinx, Inc. | XLNX Last Sale: $ 24.24. Positive.
Sun Microsystems, Inc. | SUNW Last Sale: $ 3.75 Naz market-related. A little moreÂ…but we will not play.
PeopleSoft, Inc. | PSFT Last Sale: $ 20.03. We will rate positive.
Linear Technology Corporation | LLTC Last Sale: $ 29.68. We will likely see extension of the move to the mid-30's. Neutral/Positive.
BEA Systems, Inc. | BEAS Last Sale: $ 12.67. Buy. BEA Systems, Inc. is an application infrastructure software provider. The Company's WebLogic Enterprise Platform delivers a scalable software infrastructure designed to bring new services to
Market quickly, to lower operational costs by automating processes and to automate relationships with suppliers and distributors.
Mercury Interactive Corporation | MERQ Last Sale: $ 33.08. Very typical July and Oct bottom and consolidation followed by shorts having a heart attack. We think it will extend. Buy.
Altera Corporation | ALTR Last Sale: $ 14.04. A pretty solid base at the 11-12 range can support a test of the 15 number. Just a little too speculative in the volume numbers for VTAR™ analysis.
Gentex Corporation | GNTX Last Sale: $ 32.29 designs, develops, manufactures and markets proprietary products employing electro-optic technology: automatic-dimming rearview mirrors and fire protection. Buy. We like it. We like the cash and we like the earnings.
Gentex chart is courtesy of Clearstation. com
KLA-Tencor Corporation | KLAC Last Sale: $ 40.84. Neutral only.
QUALCOMM Incorporated | QCOM Last Sale: $ 37.37. We rate a buy and the move from the solid base in the summer is consolidated. Toward 50 it appears. Strong Buy.
Yahoo! Inc. | YHOO Last Sale: $ 18.94. We will go to buyÂ…after all we have been negative since $207 5/16Â…remember 16th's? Yahoo Inc. Cut to 'Sell'
3/15/00 5:21:00 AM Source: Bloomberg News
Princeton, New Jersey, March 15 (Bloomberg Data) -- Yahoo! Inc. (YHOO US) was
Downgraded to ''sell'' from ''avoid'' by analyst Axxel Knutson. [appox $169.00]. Original "avoid" December, '99 at $207 5/16.
Adobe Systems Incorporated | ADBE Last Sale: $ 27.51 ADBE never really got so much ahead of itself LTÂ…the base at the 10-18 level is significant and the move from the 70 to sub 20 a consolidation, for sure, but not much more than that. Strong Buy.
EBay Inc. | EBAY Last Sale: $ 73. The writer bought a nice Jag seen on eBayÂ…but the buying appears excessive. Sell strength please.
Intel Corporation | INTC Last Sale: $ 17.18. It ain't what it used to be. Avoid.
TMP Worldwide Inc. | TMPW Last Sale: $ 12.58. August panic selling and a flat consolidation after the October move sets the stage. Strong Buy.
Compuware Corporation | CPWR Last Sale: $ 4.95 the base can support a move. Let's go with it. Accumulate.
Oracle Corporation | ORCL Last Sale: $ 11.96 . We just prefer SAP Ag Ads [SAP-23.09].
PeopleSoft, Inc. | PSFT Last Sale: $ 20.03 Neutral.
Paychex, Inc. | PAYX Last Sale: $ 29.98. It doesn't sell burgers [which no one wants anymore, but payroll services which, it seems, everyone wants. Strong Buy.
Synopsys, Inc. | SNPS Last Sale: $ 43.63. The market saved it. We will just watch for the moment. No opnion.
Citrix Systems, Inc. | CTXS Last Sale: $ 14. We would like to say sell, but the speculation appears to be diminishingÂ…buy.
Cephalon, Inc. | CEPH Last Sale: $ 51.19. Not to be confused with pots and pans: Cephalon, Inc. is an international biopharmaceutical company dedicated to the discovery, development and marketing of products to treat sleep disorders, neurological disorders, cancer and pain. Making money for sure, but still with a debt load. We will stand aside.
LM Ericsson Telephone Company | ERICY Last Sale: $ 8.10. We are not a believer.
Gilead Sciences, Inc. | GILD Last Sale: $ 36.50. The selling in mid December was outstandingÂ…massive sell volume and here in the base too. Buy. Gilead Sciences, Inc. is an independent biopharmaceutical company that discovers, develops commercializes therapeutics to advance the care of patients suffering from life-threatening diseases. The Company has six products that are marketed in the United States and in other countries worldwide. These are Viread, a drug for treating HIV infection; AmBisome, for treating and preventing life-threatening fungal infections; Tamiflu, for treating and preventing influenza; Vistide, for treating cytomegalovirus (or CMV) retinitis in AIDS patients; DaunoXome, for treating AIDS-related Kaposi's sarcoma, and Hepsera, for the treatment of chronic hepatitis B.
I just hope I don't get any cytomegalovirus.
Lamar Advertising Company | LAMR Last Sale: $ 37.49. Unfortunate stock symbol but the stock looks undervalued and capable of price extension toward but not through $50. Buy the pullback. They have 144,000 outdoor signs plastered with all sorts of information you don't want or need.
Comverse Technology, Inc. | CMVT Last Sale $ 10.98. the move in November was a little much and to expect another from here is not too likely. Avoid short term.
VeriSign, Inc. | VRSN Last Sale: $ 8.77. Neutral/Positive only.
Express Scripts, Inc. | ESRX Last Sale: $ 52.82. Another new stock for the NAZ 100 from the folks at Nasdaq. Not stupid sit-com scripts but Rx types. Buy. Express Scripts, Inc. is a pharmacy benefit management (PBM) company in North America. The Company is independent from pharmaceutical manufacturer ownership, which allows it to make unbiased formulary recommendations to its clients, balancing both clinical efficacy and cost. The Company provides a full range pharmacy benefit management services, including retail drug card programs, mail pharmacy services, drug formulary management programs and other clinical management programs
For approximately 19,000 client groups that include HMOs, health insurers, third-party administrators, employers, union-sponsored benefit plans and government health programs. As of January 1, 2002, some of the Company's largest clients included AARP,
Aetna U. S. Healthcare and Blue Cross Blue Shield of Massachusetts.
With the graying of the population you have to love the above along with Rock of Ages [ROAC-5.79] and Matthews International Cp [MATW-23.60]. Neither NAZ 100.
Consider it a bonus.
Staples, Inc. | SPLS Last Sale $ 18.38. Relatively little risk. Bu for the 20's. [No guarantees, mate].
Cintas Corporation | CTAS Last Sale: $ 48.24. We are not convinced or amused.
Intuit Inc. | INTU Last Sale: $ 48.23. Let's face it - tax software 4 U and me. Neutral/Positive.
I was watching Krull on HBO whilst doing part of this labor of love and it appears that the film was made in a Holiday Inn. I could be wrong. They are fighting with a conglomeration of 13th century swords and 29th century light sticks with the heroine a salesperson at Victoria's Secret on December 26th.
Symantec Corporation | SYMC Last Sale: $ 44.91. There are only two things in lifeÂ…taxes [see Intuit above] and computer virus.' Buy this. It is the renewals of the virus definition files every yearÂ…click, click, click.
Lincare Holdings Inc. | LNCR Last Sale: $ 33.13. 320,000 customers in 44 states need this stuff: Lincare Holdings Inc. is a provider of oxygen and other respiratory therapy services to patients in the home. Lincare also provides a variety of home infusion therapies in certain geographic markets. I guess the people in the other six states are still puffing away on their cancer sticks. Without excessive risk, this is a buy.
American Power Conversion Corporation | APCC Last Sale: $ 16.80. Thin and hard to believe this has come to this index. Dangerous but fun to trade if nimble. American Power Conversion designs, develops, manufactures and markets a line of uninterruptible power supply products, electrical surge protection devices, power conditioning products and related software/accessories. For the nine months ended 9/29/02, revenues fell 12% to $942.1 million. Net income before acctg. change rose 5% to $88.2 million. Results reflect continued industry softness in the IT markets, offset by improved Large Systems gross profit margins.
Bed Bath & Beyond Inc. | BBBY Last Sale: $ 36.08. Way beyond! An entire store of the most boring collection of products no man could ever bring himself to buy. But SOMEONE buys crystal bath scales and $45.00 toilet brushes and a lot of them. One of the few stocks in the "old" Naz 100 not to make the index a TOTAL laughing stock! It appears it will resume its march after a 6 month consolidation. Positive. Toilet plungers in aisle 107 [sorry, that is Home Depot].
I would rather pour gasoline on myself and light a match than go into this store. [apparently a minority opinion].
Check Point Software Technologies Ltd. | CHKP Last Sale: $ 15.02. VTAR(tm} blows fuses on this stock - we like it at $13 and hate it at $17 and here we are in no-man's [and women's] land.
Amgen Inc. | AMGN Last Sale: $ 50.27. Over-owned. Sell strength.
Fiserv, Inc. | FISV Last Sal $ 35.85. It looks higherÂ….the revenues are thereÂ…so too the earningsÂ…but the rate of acquisitions is very bothersome. Positive.
Cisco Systems, Inc. | CSCO Last Sale: $ 14.20. I guess we got enuf out of CSCO from Novemeber 8th, 2000-we will now rate Neutral/Positive
:
Wednesday, Nov 8, 2000 5:35 PM ET 11-08-00 01:42 PM EST by Peter Loftus | Dow Jones Newswires Cisco Systems Inc. shares fell Wednesday after First Allied Securities issued a "sell" investment rating on Cisco, saying the networking-equipment giant was too optimistic about future growth rates.
NEW YORK -- Cisco Systems Inc. shares fell Wednesday after First Allied Securities issued a "sell" investment rating on Cisco, saying the networking-equipment giant was too optimistic about future growth rates.
Investors were also concerned about a new vendor financing deal that Cisco signed with telecommunications company Winstar Communications Inc. (WCII), under which Winstar will receive funding to purchase equipment from Cisco.
Shares of Cisco (CSCO) were down $4.06, or 7.2%, at $52.69 in Wednesday afternoon trading on the Nasdaq Stock Market.
Biomet, Inc. | BMET Last Sale $ 29.82. The base is very solid. Buy. 12/18/02 earnings: WARSAW, Ind. (Reuters) - Orthopedic device maker Inc.(NasdaqNM:BMET - News) said on Wednesday its quarterly profit rose 15 percent on strong sales of reconstructive and spinal implants and accelerating sales overseas. For the second quarter ended Nov. 30, the Warsaw, Indiana-based company reported net income of $70.35 million, or 27 cents per share, compared with $61.4 million, or 23 cents in the quarter a year ago. Analysts on average had been expecting a profit of 26 cents, according to Thomson First Call, which tracks Wall Street estimates. Sales rose 18 percent to $341.5 million. The company said it expected to report third quarter earnings within the range of analyst expectations of 27 cents or 28 cents per share.
Warsaw, Indiana indeedÂ
Dell Computer Corporation | DELL Last Sale: $ 28.35. The ads with the annoying interns is getting to me but the UPS trucks were filled to the gunnels with these machines. I saw no Gateways in there. Positive.
Invitrogen Corporation | IVGN Last Sale: $ 30.71. Avoid. December 11th: Shares of Invitrogen jumped $2.54, or 9 percent, to $31.45. Analyst Cheri Walker at Deutsche Bank upgraded
Invitrogen's stock to "buy" from "hold," saying the stock is attractively valued. The analyst also said in a note to clients that Invitrogen, which sells products used in genetic research, offered an upbeat forecast for the coming fiscal year at a meeting with analysts Tuesday. Robert W. Baird also upgraded its rating on Invitrogen to "outperform" from "neutral."
Analysts acting on company guidance. What happened to analyst actually doing some work?
Microsoft Corporation | MSFT Last Sale: $ 54.77. Here is an interesting quote from Silicon Investor:
"To: Jim Lamb who wrote (36522)
From: werefrog: Friday, Jan 14, 2000 8:16 AM
View Replies (3) | Respond to of 68398
"MSFT cut to "SELL". http://quote. bloomberg. com/analytics/bquote. cgi? story_num=e2 (http://quote. bloomberg. com/analytics/bquote. cgi? story_num=e2)...
MSFT down to 107 in Europe - http://www. bloomberg. com/bbn/snapshot. html (http://www. bloomberg. com/bbn/snapshot. html)
First time I ever saw a SELL rating on this stock."
Likely the only sellÂ…and the only one at $100+ We still dislike this company. We doubt that they have learned anything from the Justice Department and we see only evolutionary products coming out of the company whilst they spend their cash hoard in a desperate attempt to find the new product of note. Well, X-box is not it." Avoid.
Starbucks Corporation | SBUX Last Sale: $ 21.4. My dear spouse cannot begin her day with out this $10/lb. Coffee and the base at the sub $20 level is just fine. Buy.
PanAmSat Corporation | SPOT Last Sale: $ 15.56. The crash pattern of early December will likely set up the reverse mirror move, but we will not participate. Sell any strength toward $17.
Chiron Corporation | CHIR Last Sale: $ 39.87. July bottom held well and we have consolidated the move off that base. Another up-leg is probable. Buy here.
IDEC Pharmaceuticals Corporation | IDPH Last Sale: $ 34.23. The crash of November from 46 to 32 was pretty wild for sure and the volume pretty highÂ…in this case, we like that so we are to get, we think, a partial mirror move back to almost$40. Traders may buy, but there is likely one more piece of news out there that can create a double bottom back at 31, Be aware. It just "looks" newsy.
CDW Computer Centers, Inc. | CDWC Last Sale: $ 45.01.Pretty solid base at the low forty level and that can give you a move back into the middle of the early fall up-move. But with relative safety only to $49. That is not enough. Neutral.
Smurfit-Stone Container Corporation | SSCCLast Sale: $ 16.26. Sell further strength please.
Molex Incorporated | MOLX Last Sale: $ 24.83. Buy for a move toward 30. This works for us.
PETsMART, Inc. | PETM Last Sale: $ 18.24. From what I see almost NO smart pets go here. Sell.
ICOS Corporation | ICOS Last Sale: $ 24.97.We like the selling in the mid 20's and that is a base of sorts. Neutral/Positive.
Costco Wholesale Corporation | COST Last Sale: $ 28.59.The selling during 2002 is probably finished but that is not enuf for us to buy. Neutral.
Pixar | PIXR Last Sale: $ 56.815. Buy. The crash pattern in December was likely tax selling to lock in profits. But if we see a strong move toward $70, sell.
Biogen, Inc. | BGEN Last Sale: $ 41.85. Needs more consolidation. Short term negative.
Expeditors International of Washington, Inc. | EXPD Last Sale: $ 33.71. This stock has "expediated" from the bottom in August at 25Â…short-term negative.
C. H. Robinson Worldwide, Inc. | CHRW Last Sale: $ 31.65. Needs consolidation. Short-term negative.
PACCAR Inc. | PCAR Last Sale: $ 48.07. We cold use a minor pullback here too, but we will hold and "accumulate."
Patterson Dental Company | PDCO Last Sale: $ 44.16. Lovely crash that takes the risk out to a large extent. Buy for the mirror move to $50?
Amazon. com, Inc. | AMZN Last Sale: $ 20.70., tax selling for profits murdered AMZN in December, but now the break under $20 looks attractive. We will rate accumulate but under 18 please.
Ross Stores, Inc. | ROST Last Sale: $ 42.989. Ditto AMZN aboveÂ…the break under 40 is the buy point, so let's make it about $37 =/-.
DENTSPLY International Inc. | XRAYLast Sale: $ 37.41. Sell. The recent up-moves are speculative according to VTAR™
Apollo Group, Inc. | APOLLast Sale: $ 45.90.We have liked this for some time and the base, the do-nothing base since August can be setting us up for a crack of $50. Buy.
Henry Schein, Inc. | HSIC Last Sale $ 44.90 is a distributor of healthcare products and
Services to office-based healthcare practitioners in the combined North American and European markets. Newly added to the NAZ 100. We like the crash of November and the selling is continuing. Buy the break of $40.
Ryanair Holdings plc | RYAAY Last Sale: $ 42.16 is murdering the airline business in Europe, but it needed murdering. Strong Buy.
Ryanair Holdings Plc Adr chart is courtesy of Clearstation. com
Sigma-Aldrich Corporation | SIAL Last Sale: $ 48.82. Sell. The crash of October 52 to 42 is consolidated and we now expect a crack of $40.
Millennium Pharmaceuticals, Inc. | MLNM Last Sale: $ 8.27. Buy. There is enuf work sub ten.
Human Genome
