11/28/2006

Resilient Stocks

Market corrections separate the boys from men. Stocks which are resilient during market downtrends are the one to focus on during such correction phases. Many of these stocks jump out and restart their rallies the moment the weight of market direction gets lifted. Many of the resilient stocks continue to crawl up during corrections.

Also some stocks which have specific catalyst or outstanding earning defy the market direction and breakout during overall downtrend in market. Keeping a close tab on them can offer good low risk entries. Some of the stocks breaking out today have such catalyst. I have a small position in one such play- ANIK, which I got in to on the FDA approval news.

Here is some of the resilient stocks I am monitoring and looking to get in to soon.

ACLI,American Commercial Lines Inc
ACP,American Real Estate Prt
ADL,Amdl Inc
AEM,Agnico-Eagle Mines Ltd
AEOS,American Eagle Outfitter
AEPI,Aep Industries Inc
AEZ,American Oil & Gas Inc
AFAM,Almost Family Inc
AKAM,Akamai Technologies Inc
AKH,Air France KLM
ALB,Albemarle Corp
ALGN,Align Tech Inc
ALTH,Allos Therapeutics Inc.
ALX,Alexander's Inc
AMAG,Advanced Magnetics Inc
AMIE,Ambassadors Internat Inc
ANGN,Angeion Corp
AOB,American Oriental Bioengineering Inc
AOI,Alliance One International Inc
APN,Applica Inc
ARRY,Array Biopharma Inc
ATI,Allegheny Technologies
ATNI,Atlantic Tele-Network
AUXL,Auxilium Pharmaceuticals Inc
AXR,Amrep Corp
AXTI,Axt Inc
AZK,Aurizon Mines Ltd
AZZ,Azz Inc
BAB,British Airways Plc Adr
BAMM,Books-A-Million Inc
BDY,Bradley Pharmaceuticals
BIDU,Baidu.com Inc
BIOV,Bioveris Corp
BITI,Bio-imaging Technologies
BRCD,Brocade Communications
BRLC,Syntax-Brillian Corp
BW,Brush Engineered
CAL,Continental Airlines B
CAPA,Captaris Inc
CCOI,Cogent Communications Group Inc
CHAP,Chaparral Steel Company
CHDX,Chindex International Inc
CHINA,CDC Corp Class A
CHTR,Charter Communications Inc
CKSW,Clicksoftware Technlgies
CLB,Core Laboratories N.V.
CLEC,Us Lec Corp Cl A
CNS,Cohen & Steers Inc
CNXS,CNS Inc
COGO,Comtech Group Inc
CPTS,Conceptus Inc
CPY,Cpi Corp
CRVL,Corvel Corp
CTDC,China Technology Development Group Corp
CTEC,Cholestech Corporation
CTRX,Cotherix Inc
CUBA,Herzfeld Caribbean Basin
DAKT,Daktronics Inc
DECK,Deckers Outdoor Corp
DGIT,Dg Fastchannel Inc
DHIL,Diamond Hill Investment Group Inc
DLLR,Dollar Financial
DPTR,Delta Petroleum Corp
DVAX,Dynavax Tech
EBIX,Ebix Inc
ELE,Endesa Sa
EZPW,Ezcorp Inc Cl A
FCGI,First Consulting Grp Inc
FIA,Fiat S.P.A. Adr
FMD,First Marblehead Corp
FRG,Fronteer Development Group Inc
FTEK,Fuel Tech Inc
FTGX,FiberNet Telecom Group Inc
GDP,Goodrich Petrol Corp
GEL,Genesis Energy (L.P.)
GEO,Geo Group (The)
GIII,G-III Apparel Group Ltd
GMTC,Gametech Internat Inc
GOAM,Goamerica Inc
GRC,Gorman-Rupp Co
GROW,U.S. Global Invest Inc A
GTXI,Gtx
GVP,Gse Systems Inc
HGO,Houston American Energy Corp
HRT,Arrhythmia Research Tech
HRZ,Horizon Lines Inc
IAAC,Internat Asset Holdg Cp
ICAD,Icad Inc
IEDU,Investools Inc
IGLD,Internet Gold-Golden
IIG,Imergent Inc
IMKTA,Ingles Markets Inc Cl A
INAP,Internap Network Svcs Cp
ININ,Interactive Intelligence
IOC,Interoil Corporation
IOSP,Innospec Inc
JST,Jinpan Internat Ltd
KBALB,Kimball Internat B
KBAY,Kanbay International Inc
KNOT,The Knot Inc
KONA,Kona Grill Inc
KOSP,Kos Pharmaceuticals Inc
LFC,China Life Insurance Company
LMRA,Lumera Corporation
LNOP,Lanoptics Ltd
LQU,Quilmes Industl Q.S.A.
LVS,Las Vegas Sands
LXU,Lsb Industries Inc
MAG,Magnetek Inc
MALL,Pc Mall Inc
MCDT,Mcdata Corp Cl B
MCDTA,Mcdata Cl A
MCF,Contango Oil & Gas
MEH,Midwest Express Holding
MEND,Micrus Endovascular Corp
MFB,Maidenform Inc
MFRI,Mfri Inc
MIKR,Mikron Infrared Inc
MNG,Miramar Mining Corp
MSII,Media Sciences Intl Inc
MWP,Markwest Hydrocarbon Inc
MWRK,Mothers Work Inc
MYOG,Myogen Inc
NEXC,Nexcen Brands Inc
NRMX,Neurochem
NRPH,New River Pharmaceuticals Inc
NTY,Nbty Inc
NVDA,NVIDIA Corporation
NVEC,Nve Corp
NWK,Network Equipment Tech
NYX,NYSE Group Inc
OBCI,Ocean Bio-Chem Inc
OMG,Om Group Inc
OMNI,Omni Energy Services Cp
OS,Oregon Steel Mills Inc
PCCC,Pc Connection Inc
PD,Phelps Dodge Corp
PERY,Perry Ellis Int'l
PMTR,Pemstar Inc
POT,Potash Cp Saskatchewan
PRGX,Prg-schultz Intl Inc
PSMT,Pricesmart Inc
PSPT,Peoplesupport Inc
QD,Quadramed Inc
RBN,Robbins & Myers Inc
REGN,Regeneron Pharm Inc
RGR,Sturm Ruger & Co Inc
RGX,Radiologix Inc
RIMM,Research In Motion Ltd
RKT,Rock-Tenn Co Cl A
RMKR,Rainmaker Systems Inc
RMTR,Ramtron Internat Corp
RNAI,Sirna Therapeutics
ROCM,Rochester Medical Corp
ROS,Rostelecom
RRA,Railamerica Inc
RTI,Rti Internat Metal Inc
SGMO,Sangamo Biosciences Inc
SIGA,Siga Pharmaceuticals Inc
SIGM,Sigma Designs Inc
SIM,Grupo Simec S A Adr
SOFO,Sonic Foundry Inc
SPAR,Spartan Motors Inc
SPTN,Spartan Stores Inc
SQNM,Sequenom Inc
SRSL,Srs Labs Inc
SRVY,Greenfield Online Inc
SSRI,Silver Standard Resource
STEC,Simple Technology Inc
STSI,Star Scientific Inc.
SUAI,Specialty Underwriters Allianc
SVNT,Savient Pharmaceuticals Inc
SWAT,Security With Advanced Tech
SWHC,Smith & Wesson Hldg Corp
SYX,Systemax Inc
TCC,Trammell Crow Co
TCHC,21st Century Holdings
TESS,Tessco Technologies Inc
TGEN,Targeted Genetics Cp
THK,Think Partnership Inc
TRT,Trio-Tech Internat
TTEC,Teletech Holdings Inc
TWTI,Third Wave Tech
UAHC,United American Healthcare Cor
UCTT,Ultra Clean Holdings
UUU,Universal Security Instruments
VSNT,Versant Corporation
VTS,Veritas Dgc
ZOLL,Zoll Medical Corporation

5 comments:

walter said...

what do we think of steel (x, ati, etc)

long or short? nearing some critical levels

Pradeep Bonde said...

Steel is still long.

walter said...

i think i agree - indicies and everything else holding its own today...

Unknown said...

That's a hell of a list. Most of those are on one of my list also. Sold HRT for a very nice profit yesterday and now thinking about getting back in. Also looking at IAAC since it has backed up a little. I did buy back some SOFO this morning near it's low. The big question is, Is the selling over or is todays mini rally just a teaser. I'm sure the shorts are asking the same thing.

I don't want to get over anxious to put money back in the market and it would be nice to see some lower numbers on these growth stocks for entry points. It's tough for me to tell when to jump in.

Pradeep Bonde said...

I just extended the 2% list to 5%. The logic being some may be breaking down from 2% so let us look at more expanded universe.
I generally wait 3-4 days to get back in. Most sell offs have intense 3-5 days phase followed by stabilisation or counter trend rallies. The 2% still work, infact that scan is more valuable after such correction.