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Friday, May 29, 2009

New Buys: DECK and JCOM

May 29th 2009

I would suggest to buy DECK again and also JCOM.

We sold DECK some time ago because it broke our stop loss at around $54.50. It is currently higher, but still with good fundamentals.
I would suggest an initial stop loss at $49.27

JCOM is new for us. It is a little expensive, with a PE ratio a little higher than its industry average. It also has an average growth rate, but has high ROI/ROE, high profit margins and a strong financial position.
I would suggest an initial stop loss at $19.96

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