Last week’s stock picks*:

VA: ARII -4.53%
TF: MU +1.50%
ST: IDRA +29.89%
SS: ANIP +1.52%

On the agenda this week will be central bank announcements and retail sales. A reader mentioned that one of my picks had made him $400 the other week which made my day.

I think my short term stock picking is improving and our stock picks did well last week after a 30% jump in Idera Pharmaceuticals $IDRA. Our short pick $ANIP actually jumped higher too, but in the end it finished lower on the week which was nice.

Last week's stock picks chart

Last week’s stock picks. Src: Google Finance

Here’s this week’s stock picks: (Vote for your favourite at the end)

Value

Select Medical Holdings Corpo $SEM

I have said before that value stocks are not ideal for short term trading. The difference here is that I’m looking for good quality companies that also have a catalyst to move higher over the next 5 days.

Select Medical Holdings Corporation $SEM is a company I like which recently moved past a downward trend-line. The company has grown EPS at an impressive 86% over the past 5 years and has an ROE of 20%. The stock hit a new 50 day high last week and that momentum looks likely to continue.

sem stock chart

Sentiment

Expedia Inc. $EXPE

Online travel company Expedia Inc. was highlighted before on this blog and shares have continued to do well. The chart is starting to look a little overbought, however, there is a lot of momentum behind $EXPE at the moment and sentiment is touching 100% on social trading platform StockTwits. There could be some more gains in store this week.

I also considered IsoRay $ISR but the stock did not meet my minimum price criteria of $2.

expedia stock chart

Trend following

Hewlett-Packard Co. $HPQ

Laptop, computer, and printer manufacturer Hewlett-Packard has been a steady pick for trend followers at times this year and shares hit another 52-week high last week.

Although $HPQ has a PEG ratio over 3, price-to-sales is only 0.66 and PE is 15.10. The stock has a high level of bullish sentiment and has moved higher for eight consecutive weeks. As shown on the weekly chart below.

hpq stock picks stock chart

Short Sellers

Abercrombie & Fitch $ANF

I would not be surprised to see $ANIP move lower again but I’m going for Abercrombie & Fitch. The clothing retailer is trending downwards and has fallen 15% year-to-date.

Despite that the stock still looks expensive according to it’s financial ratios. PEG is over 4 and PE is 60.64.

anf stock chart

[poll id=”15″]
*Hypothetical results. Commissions and slippage not applied.

Additional Disclaimer: Please be aware of the usual risks to trading in financial instruments. Please remember the importance of doing your own research and understand the cost to trade including trading commissions and the bid:ask spread. Please remember to read the disclaimer. Stock picks are not to be construed as investment advice and no responsibility will be taken for any losses, risk or distress.

Did you like this post? Please share it!

 


Summary
This Week's Stock Picks – 12.08.14
Article Name
This Week's Stock Picks – 12.08.14
Description
Another week of stock picks after last week's record 30% gain in Idera Pharmaceuticals. This week's stock picks include EXPE and HPQ.
Author

Tags:


Leave a Reply

%d bloggers like this: