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Daily Archives: June 25, 2009

STEC: The Strongest Stock in the Market

June 25, 2009
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STEC: The Strongest Stock in the Market

With most stocks getting hit in the past week, it’s hard to find a stock that’s at a pristine buy point.  And, frankly, even if I saw one, I’m not sure it would work out–when the market is under pressure, good stocks can go bad in a hurry.  So I want to highlight a company with a new product, with outstanding sales and earnings growth, and whose stock is probably the strongest in the entire market–in other words, it’s a potential winner once the bulls re-take control. The company is STEC Inc. (STEC), which I’ve written about a few...

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ADY: Milking the Chinese Market

June 25, 2009
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ADY: Milking the Chinese Market

My stock recommendation today is American Dairy (ADY), a Chinese producer of milk powder, soybean milk powder, walnut products and other dairy stuff. China isn’t known as a big consumer of dairy goods.  Many Chinese find cheese distasteful and just don’t enjoy yogurt, buttermilk and the rest of the milk-based foods that delight Westerners.  But that’s changing … a little. You can’t call a company with $266 million in annual sales a major trend, but it’s a start.  The Chinese are finding a place in their child-rearing regimen for milk-based infant formula, and the potential is enormous. The company...

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