Sunday, December 31, 2006

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.

Saturday, December 09, 2006

Update for this week

A quick check to see where the stocks stand after almost a month.

Price as of Dec 09,2006
MRVL - 20.7 ( up 12% from 18.36 )
SAY ---- 23.6 ( up 11% from 21.09 )
AMGN --69.9 ( down 6% from 74.8)

The average return over the last month is 5.6%. S&P 500 is at 1409 on Dec 08 and has increased by 3.2% in the last month. It looks the 3 picks has done well over the last month.
One stock that has done very well in the last one year is ATI. It has gone up from $34 in Jan 06 to $98 in dec 06. That 188% return in 12 months !! Though there has been other stocks that have done well in the last one year, this one is interesting to watch.

A portfolio of three stocks is probably a little risky even though it has one tech, one bio-tech and one with international exposure. I will be adding more to this. If you are looking at any interesting stock, feel free to add a comment.