The Growthstock Advantage Investment Newsletter 11/2/08
Web URL http://www.growthstock.com
Email info@growthstock.com
The implosion in the equity markets continued throughout
the month of October, with governments and central banks
around the world trying to coordinate a response to shore up
credit markets. Until the down trend abates, high beta stocks,
like the ones followed in our model portfolios, will continue
to under-perform the market.
As of the close of the market Friday, the Rapid Growth System
was down -15% for the month, the Aggressive Growth
System was down about -24% for the month, and the S&P500
was down about -17% for the same period.
The following table
shows where we stand, year to date:
S&P 500 (YTD) |
-34% |
Rapid Growth System (YTD) |
-46% |
Aggressive Growth System (YTD) |
-47% |
We will not know the official results of either portfolio until
after we make our trades on Monday morning. Official
results will be published on the web site.
Just a reminder, the top 30 stocks picked by our computer
program
for both portfolios are listed on the web site, just
click on the above link to view them. This is done for
subscribers who may want to hold stocks from previous
month's newsletters, if they still are ranked in the top 30 by
our computerized screening models. Our model portfolios
do not follow this method, but the top 30 service was
requested by many subscribers, so we're happy to provide it.
And now, here are this month's computer generated stock picks.
Remember that each stock in both model portfolios should
represent ten percent of the value in their respective portfolios
based on the price they are purchased at on 11/3/08. This months
stocks, which will be bought, or re-balanced, for the Rapid
Growth System, on Monday, November 3, 2008, are:
Ticker Symbol |
Security Name |
FBP |
FIRST BANCORP ORD |
CRY |
CRYOLIFE ORD |
BECN |
BEACON ROOFING ORD |
INSU |
INSITUFORM N AM A ORD |
HRLY |
HERLEY INDS ORD |
IWOV |
INTERWOVEN ORD |
TKLC |
TEKELEC ORD |
FL |
FOOT LOCKER ORD |
CCC |
CALGON CARBON ORD |
AMMD |
AM MEDICAL SYS ORD |
This month's Aggressive Growth System stocks which will
be bought, or re-balanced,
on Monday, November 3, 2008, are:
Ticker Symbol |
Security Name |
CY |
CYPRESS SEMI ORD |
FLDR |
FLANDERS ORD |
CRUS |
CIRRUS LOGIC ORD |
CBR |
CIBER ORD |
MED |
MEDIFAST ORD |
FINL |
FINISH LINE ORD |
EGY |
VAALCO ENERGY ORD |
NPSP |
NPS PHARMACEUT ORD |
SMSI |
SMITH MICRO SOFTWARE ORD |
ASGN |
ON ASSIGNMENT ORD |
Good investing.
Lee