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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 0% from $48.17 (2012-01-03)
On January 3, 2012 we profiled Salix Pharmaceuticals Ltd (SLXP) as a Top Stock Pick
to our members at $48.17. Within a period of six months, SLXP 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 SLXP: - GSA Rank: 79.63 (Our proprietary ranking for SLXP using fundamental AND technical factors)
- Accum/Dist Rank: 1.78 (Up vs. down volume action of SLXP taken over several weeks)
- Discount : -24% (Our measure of SLXP's valuation)
- Projected Growth Rate: 26.60% (SLXP's projected 5-year growth rate)
Most importantly, SLXP was trading just 0.7% off it's 52-week high price. It is imperative to not only buy the best stocks that are fundamentally sound, but also to time your purchase correctly.
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