Widely followed stocks seldom make dramatic moves. Most of the time the widely held stocks are large companies. They might be market leaders in their respective markets but most of the time in stock market returns term they are laggards. Their best returns were when they were young growth companies.
Sometimes some of the widely followed stocks land in to major trouble and then they get driven down in price substantially and when they recover from those levels they make it to the 100% plus list.
Out of the 368 stocks in the 100% plus list only 7 are member of S&P 500, Nasdaq100 and Dow30.
AKAM,Akamai Technologies Inc (Google Yahoo Earnings Chart)
ATI,Allegheny Technologies (Google Yahoo Earnings Chart)
BIG,Big Lots Inc (Google Yahoo Earnings Chart)
GT,Goodyear Tire&Rubber Co (Google Yahoo Earnings Chart)
MICC,Millicom Intl Cellular Sa (Google Yahoo Earnings Chart)
NAV,Navistar Internat Corp (Google Yahoo Earnings Chart)
RIMM,Research In Motion Ltd (Google Yahoo Earnings Chart)
So if you want to under perform the market you know where to look.
2 comments:
When CHAP bottoms out, perhaps as much as the 50dsma, I was considering adding to my position there. Would you see any serious negatives there which I should be aware of please?
Looks like market is rolling over. If market corrects after a strong rally, the better time to buy might be much later. CHAP at that time may or may not be good buy.
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