|
"Stocks To Watch" "Stocks To Watch" are some of our favorite choices for the current market with most having established trading ranges. We try to work with-in the trading range and feel this group of stocks are active stocks and are worth taking a closer look. Sunday, May 4, 2008 The prices below are the closing prices on the last trading day of each week and are compared to the closing price the week before. Closing prices on Friday May 2, 2008
***** "Watch Close" Advanced Micro Devices
(AMD) (52 week range 5.31 - 16.19), now at $6.16, up from $6.06 last week. AMD has become a leading factor in the
primary PC chip war.
Cisco Systems (CSCO) (52 week range 21.77 - 34.24), now at $26.75, up from $24.51 last week. CSCO moved from under $20 to over $34 and a new 52 week high. Market pressures are the reason for the fall back, but rumors of an earnings surprise is the reason for the recent increase. Once under $20 we can look at it again. If still holding your position, buy the PUTS for insurance with best entry under $20!
3 Com Corporation (COMS) (52 week range 1.76 - 5.11), now at $2.46, up from $2.32 last week. The stock tumbled several weeks ago after investors decided the Marlborough, Mass., company's bid to gain full control of a joint venture in China was too costly and the stock has never really recovered. Reason: An offer to take the company private. Now it turns out the taking private venture might fall through. Stay tuned, but very interesting at these levels!
***** A "Featured" "Spotlight Stock" Comtech Telecommunications
(CMTL) (52 week range 35.45 - 58.00), now at $39.59, off from $39.92 last week. One of my favorite long term stocks.
The stock had been setting new 52 week highs consistently for the last six years. Our original buy under $4, in
2003, carried all the way to over $50 and split twice along the way. A big winner, but even big winners will back
off in this falling market. There is strong support at the $38 level. Close the PUTS, since most of the fall should
be behind us, but the bearish market could still bring this one lower. Entry
OK under $38 for the longer term!
***** A "Featured" "Spotlight Stock" Dynamic Response Group
(DRGP) (52 week range 0.03 - 0.33), now at $0.0340, up from $0.03 last week. DRGP is our newest addition to the
Stocks in the Spotlight. Our recent "Special Situation" stock seems to be in a right place at the right time. A young growing company
with strong revenues growth and I feel the strong revenue growth will continue. Recent news headlines: Dynamic Response Group, Inc. Lands Exclusive Deal to Market The Official
NASCAR Members Club. Click here to read the story (NEWS). A very interesting company with the stock trading just off the low. Buy here!
Electronic Sensor Technology, Inc. (ESNR) (52 week range 0.4 - 0.26), now at $0.0450, up from $0.04 last week. ESNR incorporated on July 12, 2000, is engaged in the development, manufacture and sale of a product called zNose®.The zNose® identifies the chemical makeup of any fragrance, vapor or odor The zNose® does this by creating a visual image of the fragrance, vapor or odor that it detects, so that the user of the zNose® may identify the fragrance, vapor or odor and it does all this in less than 10 seconds. Recently, the company was successful in obtaining the financing needed to make this year a banner year. The product is necessary and needed. Look for increasing sales over the coming year. Trading at the 52 week low makes the stock look real good. Buy here! Fonar Corp. (FONR) (52 week range 2.38 - 10.00), now at $3.07, off from $3.02 last week. I first started following Fonar in 1982 and have followed it every day since. The stock is very liquid, as it trades strong volume daily. A recent (about a year ago) 1 for 25 reverse split makes this one a whole new ball game. Great products would be the reason to own this stock. With so many years behind it, the best MRI on the planet and now fewer shares, FONR is especially worth watching closer. Although there have been several "false starts" the low float is why the big jump a few weeks back, but it has been working back down and looks like it could get a bit lower. A trading stock looking for a new trading range. Entry when under $2.50 in any kind of a market! Intel Corporation (INTC) (52 week range 18.05 - 27.99), now at $23.58, up from $22.56 last week. A leader in the Nasdaq arena and a very active and well known company. Although I really like the stock I am concerned about the weak markets and feel the slight increase is a sucker bet. Bigger profits can be made in AMD. Best entry under $18!
Jet Gold Corp. (JAU.V) (52 week range 0.13 - 0.69 (Canadian)(Pink Sheets JAUGF), now at ¢0.2350, off from ¢0.23 last week (Canadian) (U.S. = $0.25). Jet Gold is an exploration and development company with interest in natural gas, oil, precious metals and coal. The new venture into the coal business is a great move for Jet Gold and offers an opportunity to turn a small company in to a big one. The possibility of having 200 million tons of coal is astounding, but if Jet can only find 1/2 of it, it would still be astounding. Coal has been moving to the front page as an alternate energy source. Jet Gold just recently finished the necessary funding to make the summer a hot one. Jet Gold looks like a good bet and should be considered a stock to own for the longer term. The stock has a history of quick moves higher, making the close at 0.235 a great entry level. The stock has been showing strength over the past several weeks and I expect it to continue. Buy here!
MultiCell Technologies, Inc. (MCET) (52 week range 0.01 - 0.21), now at $0.01, off from $0.0110 last week. Developing first-in-class drugs based on advanced immune system modulation and other proprietary technologies has a future. The company has been around over 20 years and is trading under 0.02 per share and a new recent low. Recent activity seems to be forcing the stock down. There might be trouble brewing here. The biggest problem is money, the company doesn't have any. Very risky here!
Novell (NOVL) (52 week range 5.76 - 8.26), now at $6.36, off from $6.46 last week. A company with a strong customer base,
NOVL switched to becoming a major force in the Linux computer operating system. Probably a good move since the
Linux operating systems is growing and there is a place for it. Dell announced it would sell some systems with
the Linux operating system in stead of Windows. As Linux grows, so should NOVL. Possibly lower still in this bear
market, but a bargain is a bargain. Entry OK anytime under
the $6 level!
Symantec Corp. (SYMC) (52 week range 14.54 - 21.32), now at $19.45, off from $17.47 last week. SYMC is the king of programs to help our computers run better and the leader in computer virus protection. The stock has not been much of a mover in the last couple of years, but it is a well known stock and when the time comes it will move again. The move up a couple of dollars this past week makes the stock too pricey. Wait for a best entry under $15! TetraTech (TTEK) (52 week range 13.89 - 25.37, now at $24.24, up from $21.66 last week. Nice young company in a nice industry. The stock has a strong base near $17 and and does not stay down very long. The recent move up reached a new 52 week high. The markets, I believe, are getting ready to dump. Buy PUTS here to lock in profits, or move out and wait for lower ground. Entry when closer to $14 looks to be a bargain!
***** ZAP (ZAAP.OB) (52 week range 0.40 - 1.20), now at $0.43, off from $0.4340 last week. There is little doubt that electric transportation can only grow and ZAP should have little trouble growing with it, although, GM will be coming out with their own soon. Competition is something we should all expect in such an important industry. The company needs to find a way to attract new shareholders, since right now the same ones play over and over. The way the stock has been trading recently makes me wonder if anyone is playing it. The stock had much trouble falling from the dollar level, but now it is having much trouble trying to climb back to anywhere, hitting a new low recently. It does move when it gets a mind to. ZAP has become a short term trading stock. Buy here!
Zila Inc. (ZILA) (52 week range 0.16 - 2.04), now at $0.2264, up from $0.2089 last week. Nice company with nice products
(oral cancer diagnostics products, and others). ZILA has always been a good buy in the mid to low $2 area, but
never has never been at these levels before. With strong base near $3 trading near a quarter sure looks like a
bargain, but the stock keeps falling. The stock jumped from 0.17 to over 0.40 and back down to 0.20 level, all
in about a week. A very interesting stock at current levels. Watch
close!
|
|
JOIN OUR EXCLUSIVE LIST OF |
|
| Quotes &News
| Market Comment
| Research Reports | Spotlight Futures
| |