My Stock Picks for 2011

Happy New Year! What would the beginning of 2011 be without a list of great stocks to invest in? I wanted to find solid blue-chips that had either been trading at their lows, were punished for lower than expected earnings, and were poised for a rally. I also wanted to look at sectors I think will do well in the coming years. Oil, technology, and big consumer food and entertainment companies could be the winners. You will notice I haven’t included any Income Trusts in my list. I certainly think there are some great buys for trusts converting to corporations, …

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Stock Trades ~ November 2010

[adsenseLeft] A Stop Loss was triggered for Pengrowth Energy Trust (PGF.UN-T) @ $12.75 on November 9th, for a net profit of $308.25 . A few more of those trades and I’m getting some good returns, and reduced commissions as well. I really liked Pengrowth since it has great growth potential, and an excellent dividend yield. So I was sad to see it sold, but I stick to my plan. Stop Losses help prevent real losses and maximize profits. I will buy Pengrowth again should the price decline or there is a breakout. From the proceeds of Pengrowth I purchased 50 …

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Cisco Shares Plunge, A Buy Opportunity!

Cisco Shares (CSCO-Q) plunged on the Nasdaq today, more than 16% in early trading to close at 20.52 US per share.  As seems to be the case with many stocks recently, missed earnings for Cisco below analysts’ expectations caused the massive sell-off this morning.  Cisco’s share decline also rippled throughout the technology and communication sector. In a previous article I wrote about Bad News Investing, and how panic selling can provide a great buy opportunity. I feel Cisco is now a great buy opportunity with a 16% discount (pending a few days to see where the price settles). Not many …

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