Van Meerten's picks

Too many investors spend time looking at the S&P500, Small and MicroCap stocks and totally overlook the Mid-Cap 400 . Here is a long and short pick from that universe.

Long Trade -
Aqua Water WTR with a stop loss @17
This is the largest publicly traded water utility. Increasing revenue, steady profit margins and steady net income. Technically it's trading above its 20,50&100 day moving average and has made 12 new highs in the last 65 trading sessions.

Short Trade -
Ann Taylor Stores Corp with a stop buy @ 15
This is an upscale woman's clothing chain that targets professional woman 25-35 who need business and casual attire. Although the company has had even sales for the last 3 years profit margins are taking a big squeeze. Technically it is trading below its 20,50 & 100 day moving averages and has made 26 new lows and lost 78% of its value in the last 65 trading sessions

I would enjoy hearing your comments at VanmeertenFund@aol.com

DISCLAIMER: The stocks selected should not be taken as buy/sell recommendations. They are the stocks that were selected by my stock screening process and then each was analyzed before adding or subtracting from the portfolio. Do not concentrate on the stocks but learn the selection process.

Jim Van Meerten
Strategy Lab Open Winner July 2008
VanMeerten The Amateur Strategy Lab 2008

Comments: View Comments |  Monday November 17, 2008