This Week's Activity – February 15, 2014:
This week, most of the world market indices were
up about 2%. After the 7% dip from Dec.
31 to Feb. 3, the markets have now been positive for the past 2 weeks, gaining
back over half of that 7% drop. Read
more here: http://news.yahoo.com/wall-st-week-ahead-u-stock-investors-face-030121129--sector.html
I still think the markets are overpriced but continue
to look for good values on individual stocks of good solid companies.
I have found an excellent FREE mobile Stock
Screener app for Android devices. It is
‘Stock Screener’ by Weir Software. Download
it here: https://play.google.com/store/apps/details?id=com.weirsoftware.stockscreener&hl=en
Select from 33 different criteria and input
your own screening limits for each criteria.
These criteria include all 17 of the StockEvaluator ‘Short List’ fundamental
values, plus many others including Motley Fool CAPS rating, and other expert
Outperform/Underperform ratings. Then
use the ‘Menu’ button to name and save your set of screening criteria and
target limits on your Android device so you can run it again anytime in the
future. Here is the link to a training
video I made on how to use this mobile Stock Screener. https://www.youtube.com/watch?v=f46Jazafrto
Now you will not be tied to your computer to
keep up with market changes. Your
investing research office can be the beach, the coffee shop, waiting for the
train, plane, boat, skydiving, scuba diving, etc. Well, maybe not scuba diving, but now you have
no excuse for not being right up to the minute with the market. Please give the Weir ‘Stock Screener’ a try,
and let me know what you think. You can
email questions to: info@weirsoftware.com
or to me and I will pass them on. If you
use the Weir Stock Screener and like, it please be sure to leave positive
feedback.
At this Tuesday’s monthly meeting, Greg M.
suggested that we look at Opko Health (OPK) as a high risk and potentially High
return stock. OPK is a drug research and
development company with only $92 million in revenues, but a $3.4 Billion
market cap, and no profits yet. This is
not the kind of low priced, strong fundamental value company that I try to buy,
but this high market cap is because OPK is run by Dr. Phillip Frost who also
started several other successful pharmaceutical companies including: Key Pharma
(bought by Schering-Plough in 1986), Ivax Corp. (bought by Teva Pharmaceuticals
in 2006), and he was one of the first large investors in Protalix Bio Therapies
(PLX). Many large mutual fund investment
companies have confidence in Dr. Frost, and own shares of OPK including:
Vanguard, Oracle Investment Mgmt., BlackRock, State Street, Northern Trust,
Fidelity Investments, Morgan Stanley, Dimensional Fund. Dr. Frost serves as Chairman and CEO and has
invested $20 million of his own money in OPK.
I decided to buy some shares on the emotional strength of all those
other big name funds that are betting on OPK.
See my ‘Stock Buys for This Week’ below.
I am NOT recommending OPK as a buy for any of you, but my wife and I
agreed to put some ‘mad money’ on OPK to see what happens. Our goal is to make a 50% return, which would
mean selling at $12.60 based on our $8.35 buy in price this week.
Here is an article about OPK: http://finance.yahoo.com/news/opko-announces-successful-confirmation-4kscore-144100473.html
Visit our website: http://www.ultimatestockfinder.com/
for more investing ideas,
links, training, tools and information.
Summary Table of Worldwide Market Index
Closing values for this week:
This week I bought OPK. See discussion above. See the details below
in Stock
Buys for This Week. See the Yahoo 5 year chart
for OPK: http://finance.yahoo.com/echarts?s=OPK+Interactive#symbol=opk;range=5y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
Here is a Wikipedia article about Dr. Phillip
Frost: http://en.wikipedia.org/wiki/Phillip_Frost
StockEvaluator ‘Short List’
‘Short List’ screens using 12 fundamental value
limits that I want to see in a stock before considering it as a possible buy.
View our training video that shows how to
enter your preferred values for each of these ‘Short List’ screening limits:
View the ‘Short List’ screening criteria and
target limit values here: http://www.ultimatestockfinder.com/short_list_12_criteria.JPG
Stocks on the ‘Short List’ list this week are: CAJ, PTR, UMC, CHA, DCM, ELP.
Stock Evaluator ‘Volatility Sort’
View ‘Volatility’ sort here: http://www.ultimatestockfinder.com/stockevaluatorvolatilitysort.xls
Stocks on the ‘Volatility Sort’ have Current
Price <5% above 52 week low, Volatility >3%, Profit>0%, <6 Red
cells in Stock Evaluator.xls.
MutualFundEvaluator ‘Short List’
View ‘Short List’ here: http://www.ultimatestockfinder.com/mutualfundevaluator_short_list.xls
Mutual Funds that are within 3% of their 52
week low AND have less than 3 Red cells.
This week’s list has 34 funds. All are Bond funds, which are all still 3 to 8%
above their lows from 2006 to 2008 before The FED dropped interest rates to
bring the U.S.
The top two funds on this week’s short list
are BCOSX and MWTRX.
Here are their 10year charts to show why I am
still waiting to buy.
Next Monthly Meeting 2nd Tuesday of every Month:
Tuesday, March 11, 2014 , 7:30 PM at my
house.
Here are my Stock BUYs for This Week:
Stock Symbol: OPK
Buy Date:
Feb. 12, 2014
Buy Price: $8.35
Target Sell Price: $12.60
Here are my Stock SELLs for This Week:
Stock Symbol:
Sell Date:
Sell Price:
Buy Price:
Buy Date:
Here are my Option (CALL or PUT) Sells for This Week:
I only Sell Covered CALLs or Cash Secured PUTs
Option:
Stock Symbol:
Sell Date:
Expiration Date:
Strike Price:
Option Price:
Visit www.ultimatestockfinder.com
to download all Stock Evaluator and Mutual Fund Evaluator spreadsheets, read
training articles and check out all our web links for investing information.
Please remember to send me any other
investing ideas, information or questions that you want to share with the group.
Thanks,
John D.
Disclosure: The author has no positions in any of the
stocks or mutual funds mentioned in this article unless clearly stated above. We
certify that except as cited herein, this is our work product. We received no
compensation or other inducement from any party to produce this article. Please see our full legal disclaimer at: http://www.ultimatestockfinder.com/stockevaluator_disclaimer.html
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