My latest Stock Watchlist

It’s good to be back, back to research. Honestly, I love researching stocks, even after a long day of work. I don’t consider studying charts work and sometimes believe they help relieve stress after a long day and/or week of ‘regular’ life.

I have not studied the market since late March but ran at least a dozen screens this weekend and viewed hundreds of charts and compiled a list of 10 that I will be watching for possible positions. I will most likely give myself another week or two to get back into the market rhythm but these ten look solid for mid-to-longer term buys (trend/ momentum buys). Remember, we are not day-trading here.

Some names will be familiar as I have owned and/or covered them over the past 6-12 months. Others will be new to the blog but they all have solid fundamental and technical characteristics. These stocks are currently presenting favorable odds for future gains based on the CANSLIM-like characteristics.

I must be clear that I am NOT declaring them buys at this point in time but they should be gearing-up for positive moves giving us potential positions (based on risk/reward setups). The stocks are listed in random order so I am not favoring one more than another until I get my market bearings back.

Let me know what you think of my ten and certainly leave comments for stocks on your watchlists that you think I may be overlooking.

10 Stocks to Watch:

• MA – 228.60, buys along the 200-d m.a. are ideal for this winner (I own shares)


• V – 66.11, any accumulation near $60 is ideal in my opinion (I own shares)


• FSLR – 268.30, extended with an ideal accumulation point above the 50-d m.a.


• GU – 14.12, the stock gained 60% while I was away; ideal entry near $12


• PPO – 23.19, good looking young stock with ideal accumulation near $20


• GTLS – 35.48, poor ending to the week but a buy near the 200-d m.a. is fine


• TITN – 22.39, solid young stock with an ideal entry point near $20 (looking good)


• SD – 44.28, made almost every screen I ran this week (buy near $40)


• CLR – 38.38, yes, this stock is extended but I like it near $30 or the next base


• RIMM – 115.85, I’ll jump on this one if it has anther run in it (classic superstar)