What Is Strategy Lab Open?
Strategy Lab Open is your chance to see how you stack up against the pros in the MSN Strategy Lab stock picking competition. You get to play along with the experts...picking your own stocks...researching companies...explaining your buy and sell decisions...making market calls...and finding your inner stock guru.
In the first round of the Open so far, our so-called "amateurs" are taking the pros to school. The best performing stock picker over at Strategy Lab, Price Headley, is up 11.11%. The top five SLO stock pickers have racked up gains from 35.65% to 45.59%! Compare that to the returns for the Dow, (+3.35%), the Nasdaq (+8.55%) and the S&P 500 (+4.16%) since the contest started, and you can see that SLO stock pickers are delivering impressive market beating returns.
The most widely held stocks in the Open have consistently been some pretty recognizable names - companies like Apple, Inc (AAPL), Google (GOOG), Research in Motion (RIMM), ExxonMobile (XOM) and Baidu (BIDU).
Indeed, Apple has delivered some of the biggest gains in the competition, along with China stocks, including Baidu, China Telecom Corp Ltd (CHA), and China Natural Gas (CHNG). Copper delivered some fair profits as well, in companies like Freeport McMoRan (FCX) and Southern Copper Corp (PCU). One of the bets that paid off big was a contrarian play in Countrywide Financial Corp (CFC), right at the height of the mortgage meltdown in August. And let's not forget energy stocks - SLO stock pickers had plenty of enthusiasm for the profits they made in Valero (VLO), Petroleo Brasileiro (PBR) and McDermott International Inc (MDR).
Where will the big gains come from next? Stay tuned...
Comments (1)
william andrew baldwin![[TypeKey Profile Page]](http://www.investorplaceblogs.com/strategylabopen/nav-commenters.gif)
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Doctorex is up 25% in this contest. Doctorex n.a.v. is $12.50. Why is Doctorex and the Doctorex fund, WBSLF1, not on the leaderboard? Do you have a computer error?
Posted by
william andrew baldwin |
May 5, 2008 10:46 AM
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