Stock Investing and Trading System Access the HI-EPSRS database See a six-month performance of our Top Picks Stick to a game plan Learn more about our service Answers to commonly asked questions | Top Stock Picks Portfolio Comments2022-11-08: We have a signal to move out of **** and into ****. Current Stock Portfolio Positions: | | |
Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 0% from $25.45 (2007-06-25)
On June 25, 2007 we profiled Silicon Motion Technology Corp. (ADR) (SIMO) as a Top Stock Pick
to our members at $25.45. Within a period of six months, SIMO did not meet our minimum profit objective of 15%. Obviously, we won't get every trade right, but here is what we had observed about SIMO: - GSA Rank: 73.74 (Our proprietary ranking for SIMO using fundamental AND technical factors)
- Accum/Dist Rank: 1.26 (Up vs. down volume action of SIMO taken over several weeks)
- Discount : -49% (Our measure of SIMO's valuation)
- Industry Group Rank: 24 (SIMO was in an industry showing strong group action)
- Projected Growth Rate: 35.00% (SIMO's projected 5-year growth rate)
Most importantly, SIMO was trading just 6.7% off it's 52-week high price, and had a breakout from a sideways price consolidation pattern, a clear signal to time our position, as well had gapped up in price, another signal confirming upward price strength. It is imperative to not only buy the best stocks that are fundamentally sound, but also to time your purchase correctly.
| |