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"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, March 2, 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 February 29, 2008
***** "Watch Close" Advanced Micro Devices
(AMD) (52 week range 5.31 - 16.19), now at $7.21, up from $6.71 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 $24.39, up from $23.60 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 and once under $20 we can look at it again. If still holding your position, keep the PUTS for insurance with best entry under $20!
3 Com Corporation (COMS) (52 week range 2.76 - 5.11), now at $3.29, up from $2.84 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 might fall through. Stay tuned!
***** A "Featured" "Spotlight Stock" Comtech Telecommunications
(CMTL) (52 week range 33.21 - 58.00), now at $43.38, up from $41.63 last week. One of my favorite long term stocks.
The stock has 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. Keep the PUTS to lock in profits. Best entry under $38!
Electronic Sensor Technology, Inc. (ESNR) (52 week range 0.4 - 0.26), now at $0.0690, off from $0.05 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. The reason the stock fell had to due with a larger amount of money due to a debt. The debt has been re done and is now out of the way. Since the problem has been solved, we might want to buy, or hold, here. Do not sell at these levels. Call the company and ask what it is doing for us. Continue to hold here! Fonar Corp. (FONR) (52 week range 4.01 - 10.00), now at $4.27, up from $4.06 last week (new reverse stock split). 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, but the company had been issuing shares at low prices as far back as I can remember. With so many low priced shares trading it had been very hard to keep the stock price up, but it does trade, and in near the lower end always makes money. Now the recent 1 for 25 reverse split makes this one a whole new ball game. From 137 million shares to 5.5 million is a big change and a good one for investors. Great product would be the reason to own this stock. With so many years behind it, a fine product and now fewer shares, FONR is especially worth watching closer. News a few days ago told us FONR sold 5 MRI's by Health Diagnostics' . The stock made a decent move on the news, jumping as high as $10 before giving it all back. Fonar just can't seem to get the stock rolling. Although there have been several "false starts" the low float will make it easier to get this one up. Entry when under $4 will work fine, but the bear market could bring this one lower yet! Intel Corporation (INTC) (52 week range 18.05 - 27.99), now at $19.97, off from $19.82 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 latest rally is for suckers. If staying in, continue to hold the PUTS. Best entry under $18!
Jet Gold Corp. (JAU.V) (52 week range 0.13 - 0.69 (Canadian)(Pink Sheets JAUGF), now at ¢0.16, up from ¢0.16 last week (Canadian) (U.S. = $0.175). 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. Recent news (below) seems to be telling us Jet Gold just might have a bunch of coal. 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 0.16 a great entry level. The stock has been showing strength over the past 4 weeks, going against the markets. Buy here!
MultiCell Technologies, Inc. (MCET) (52 week range 0.02 - 0.21), now at $0.03, flat from $03 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 too long and has too much going on to trade at current levels. Recent news pushed the stock from under a dime to 0.20 and back down in a day. It is the way the stock moves, mostly because the company has a history of not supporting it's stock. The biggest problem is money, the company doesn't have any. Entry only for the risk players!
Novell (NOVL) (52 week range 5.76 - 8.26), now at $7.45, up from $6.57 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. Bet on lower prices still. Wait for a best entry under $6!
Symantec Corp. (SYMC) (52 week range 14.54 - 21.32), now at $16.84, off from $17.48 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. Normally a buy at this range, but the markets are weak and we could easily see more downside. Wait for a best entry under $14! TetraTech (TTEK) (52 week range 13.89 - 24.24, now at $18.87, up from $17.29 last week. Nice young company in a nice industry. The stock has a strong base near $17 and had been strong until recently, reaching a new 52 week low and back up strong in a short time, but this bear market should bring it back down again. Entry when closer to $14 looks to be a bargain!
***** ZAP (ZAAP.OB) (52 week range 0.66 - 1.33), now at $0.70, off from $0.74 last week. A young company with nice products in a needed industry. 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 stock had much trouble falling from the dollar level, but now it is having much trouble trying to climb back there. It does move when it gets a mind to. ZAP has become a short term trading stock, and possibly one of the few places to put money right now. Do not sell this stock at current levels. Buy here!
Zila Inc. (ZILA) (52 week range 0.55 - 2.40), now at $0.56, off from $0.73 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 under a buck sure looks like a bargain.
This company needs to get its name out, but the stock does move, just only down recently. A very interesting stock
at current levels, but it keeps falling, a sign of deeper problems than we may be aware of. Watch close!
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