Filed under: China, Washington Mutual (WM), Top Picks 2007, Valero Energy (VLO), Anadarko Petroleum (APC), Chasing Value, Oil, IndyMac Bancorp (IMB), Aluminum Corp of China ADS (ACH), Bear Stearns Cos (BSC), Stocks to Buy, Intuitive Surgical Inc (ISRG)
To quote one of my college professors (with thick Chicago accent) “Ya pays yer nickle ‘n ya takes ya bes’ shot.” This year I wrote over 200 stories and reviewed even more stocks. Going over all of this material I came up with the ones listed here as my four best and four worst of the year.If you would have acquired these eight stocks you would be up 21.79%, about double the NASDAQ, triple the DJIA and 550% over the S&P 500. Had I followed the advice of some of my more astute readers or been more cynical about the forthrightness and leadership in the financial sector, I would have had a really smashing year. As it was, I cannot complain. I think this coming year I will have to analyze some of the feedback even more closely than I have in the past — keep those comments coming!
Here are the results of the indices from December 28, 2006 through December 27, 2007 for comparison:
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Dow Jones Industrial Average: 12,501.52 is Up to 13,359.61 (+6.86%)
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NASDAQ Composite Index: 2,425.57 is Up to 2,676.79 (+10.36%)
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Standard & Poor’s 500 Index: 1,424.73 is Up to 1,476.37 (+3.62%)
Continue reading Chasing Value: My best and worst picks of 2007
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