End of the year update
The 3 stock picks haven't moved much in the last couple of weeks.
MRVL ---- 19.19 ( up 4.5%)
SAY -------24.01 ( up 13.7%)
AMGN ----68.3 ( down 8.6%)
Net return is 3.2%. S&P is 1418 - up 3.9% in the same time period. While nothing much has happened to move these stocks, all the stocks have good potential for 2007. Adding one more stock to the list - AAPL. This has moved from $85 at the beginning of 2006 to $50 in the middle of 2006 and is now back at $85 (84.8). With no serious challenge for IPOD coming up and MAC sales on the rise this has good potential for the first half of 2006.
AAPL ---- 84.8 ( 0%).
2006 has not been a good year for Tech stocks even though DOW hit historic highs. Techs have gotten cheaper during the course of year. It will be a good time to get into the sector. A good one to look at is AKAM - Akamai. An investment in AKAM would have yielded a 165% return in the last year. This will be a stock to get in on any weakness.
Hapy 2007 to everyone.