Watch list for March 7, 2011
BX------------18.18
STO-----------27.67
BX is into asset management; I still like STO.
We'll be checking the performance of these picks in a few weeks.
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Showing posts with label STO. Show all posts
Showing posts with label STO. Show all posts
Monday, March 07, 2011
Results for "Stocks to Watch - Oct 17, '10"
It has been a while, four and one half months to be exact, since I wrote about a stock watch list.
Unpredictable turn of events led to choppy markets and a more difficult environment for a stock picker.
For the period of 10/17/10 thru 3/4/11, this was our watch list and outcome:
Stock Symbol-------10/17/10------------------3/4/11
AVT------------------27.63-------------------34.18 (up 23.71%)
STO------------------22.08-------------------27.67 (up 25.32%)
WATG----------------10.07--------------------6.85 (down 31.98%)
The outcome was not so good, WATG has been on a slide and was the only pick that kept the average returns down, bad choice.
Our average gain for this period was 5.68% while the S&P 500 rose about 12.32% in the same stretch of time.
We'll sharpen up our pencils and try to do better.
.
Unpredictable turn of events led to choppy markets and a more difficult environment for a stock picker.
For the period of 10/17/10 thru 3/4/11, this was our watch list and outcome:
Stock Symbol-------10/17/10------------------3/4/11
AVT------------------27.63-------------------34.18 (up 23.71%)
STO------------------22.08-------------------27.67 (up 25.32%)
WATG----------------10.07--------------------6.85 (down 31.98%)
The outcome was not so good, WATG has been on a slide and was the only pick that kept the average returns down, bad choice.
Our average gain for this period was 5.68% while the S&P 500 rose about 12.32% in the same stretch of time.
We'll sharpen up our pencils and try to do better.
.
Tuesday, December 07, 2010
STO = Something to Own
STO came up in my search for undervalued stock with upside potential in mid October. Over the last eighteen months the stock price has found support at the 18.50 level. During the past two trading sessions it has crossed above both the 50 dma and the 200 dma.
Statoil ASA (STO) engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products. The company involves in the exploration, development, and production of crude oil and natural gas in Norway and internationally, as well as extraction of natural gas liquids. It also transports and markets natural gas and natural gas products; and operates 2,000 full-service stations in Scandinavia, Poland, the Baltic States, and Russia.
Positive aspects are:
1. Early developing chart pattern. Recent break up above the 50 dma and 200 dma.
2. Price support at 18.50, limiting the downside exposure.
3. Good average daily volume of about 1.7 million shares.
4. Estimated earnings are on the rise.
5. Forward P/E ratio is at about 9.
6. Dividend is at 3.6%.
7. Number of funds owning STO has increased over the last 4 quarters.
With yesterday's closing price at 21.88, STO may be worth owning.
.
Statoil ASA (STO) engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products. The company involves in the exploration, development, and production of crude oil and natural gas in Norway and internationally, as well as extraction of natural gas liquids. It also transports and markets natural gas and natural gas products; and operates 2,000 full-service stations in Scandinavia, Poland, the Baltic States, and Russia.
Positive aspects are:
1. Early developing chart pattern. Recent break up above the 50 dma and 200 dma.
2. Price support at 18.50, limiting the downside exposure.
3. Good average daily volume of about 1.7 million shares.
4. Estimated earnings are on the rise.
5. Forward P/E ratio is at about 9.
6. Dividend is at 3.6%.
7. Number of funds owning STO has increased over the last 4 quarters.
With yesterday's closing price at 21.88, STO may be worth owning.
.
Sunday, October 17, 2010
Stocks to Watch - October 17, 2010
Watch list for October 17, 2010
AVT-----------27.63
STO-----------22.08
WATG--------10.07
AVT distributes electronics, STO is a Norwegian oil and gas company, WATG is a Chinese auto parts manufacturer.
We'll be checking the performance of these picks in a few weeks.
.
AVT-----------27.63
STO-----------22.08
WATG--------10.07
AVT distributes electronics, STO is a Norwegian oil and gas company, WATG is a Chinese auto parts manufacturer.
We'll be checking the performance of these picks in a few weeks.
.
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