Top Stock Picks Portfolio Comments
2018-09-23: Not seeing many high quality, low risk basing pattern set-ups in the current environment, as well as getting stopped out/no movement in pilot buys - SITTING OUT for now.
Current Stock Portfolio Positions: DI** (-1%),
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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results)
Up 60% from $28.38 (2017-05-09)
On May 9, 2017 we profiled Micron Technology Inc (MU) as a Top Stock Pick
to our members at $28.38. Within a period of six months, MU rose to a high of $45.33, for a return at it's peak of 60%. Obviously, one cannot sell exactly at the peak, but here is what we had observed about MU:
- GSA Rank: 72.23 (Our proprietary ranking for MU using fundamental AND technical factors)
- Accum/Dist Rank: 1.32 (Up vs. down volume action of MU taken over several weeks)
- Discount : -21% (Our measure of MU's valuation)
- Projected Growth Rate: 10.00% (MU's projected 5-year growth rate)
Most importantly, MU was trading just 3.6% off it's 52-week high price, and had a breakout from a sideways price consolidation pattern, a clear signal to time our position. It is imperative to not only buy the best stocks that are fundamentally sound, but also to time your purchase correctly.