WHAT?
I would sugegst to buy the following stocks: BUCY, EROC and MIR.
WHY?
These three stocks showed a technical buy signal in the last couple of days. In addition to that, their fundamentals are good compared to industry average.
BUCY
Financials
- Average quick and current ratios
- Low debt
Value
- Low PE and Price/Cash Flow
Profitability
- Top Operating and EBIDTA margins
Effectiveness
- Top ROI, ROE and ROA
Growth
- Good EPS and Sales growth
EROC
Financials
- Good quick and current ratios
- Debt is higher than average (some risk here - never forget stop loss)
Value
- Low PE, Price/Sales and Price/Book
Profitability
- Top Operating Margin and good EBIDTA
Effectiveness
- Top ROI, ROE and ROA
Growth
- Top EPS and Sales growth
MIR
Financials
- Good quick and current ratios
- Very low debt
Value
- Low PE, Price/Sales, Price/Book and Price/Cash Flow
Profitability
- Top Operating and EBIDTA margins
Effectiveness
- Top ROI, ROE and ROA
Growth
- Top EPS and Sales growth
HOW?
I would suggest to place a 1% trailing stop buy order.
WHEN?
I would suggest to create the orders at 10 o'clock. In these way we will wait for the first 30 crazy minutes of the day.
THEN?
As soon as we buy I would suggets the following initial stop loss prices:
- BUCY: stop loss at $27.93
- EROC: stop loss at $3.11
- MIR: stop loss at $15.75
Hi,
ReplyDeleteI'm loving your site and really appreciate the work you put into this!!
Quick question, how effective are stop losses? I assume you're putting a stop limit on these prices, but on some of the riskier stocks, if the stock opens up really low, the stock will automatically sell. Is that a good strategy?
Thanks!