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Daily Archives: July 22, 2011

Stock Market Video: Rangebound

July 22, 2011
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Stock Market Video: Rangebound

In this week’s Stock Market Video, Cabot Market Letter Editor Mike Cintolo says that sometimes the market is in a clear uptrend, sometimes it’s in a clear downtrend and yet other times, it’s kind of in the middle, like right now. Since mid-February, the market has been chopping around in a trading range. There are signs that the bulls aren’t quite in control, so we urge you to be cautious, especially going during earnings season. However, we’re still leaning bullish. Stocks discussed: Wynn Resorts (WYNN), VMware (VMW), Intuitive Surgical (ISRG), Rosetta Resources (ROSE), Halliburton (HAL), Polypore International (PPO) and...

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Caterpillar, Cummins and the PEG Ratio

July 22, 2011
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Fundamental analysis is any method used to evaluate a company, and by extension, its stock. Fundamental analysis includes just about all types of analysis except chart reading. I found out long ago that reading a stock chart does not suit my scientific approach to investing. As I’ve mentioned a time or three, I need numbers, formulas and tangible results. For the past 25 years, I’ve been using a system designed to find undervalued growth stocks. The system uses the PEG ratio and works remarkably well. Twenty-five years ago, Standard & Poor’s created the PEG ratio to measure the degree...

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