Cabot China & Emerging Markets Report Editor Paul Goodwin discusses the top 10 of his 24 Top Stocks of 2011 in today’s issue of Cabot Wealth Advisory. It’s worth a look, if for no other reason than Paul gives solid reasoning behind each choice.
With the holiday season safely behind us and the New Year well underway, I’m always curious about the best-performing stocks of the past year. I want to know which stocks did the best, get a sense of why they prospered and see if there are any investing lessons that might help me bag one of the big winners in 2012.
I’m not really interested in penny stocks or very low-priced stocks–they’re just too risky–so I screened the entire market for stocks that haven’t traded anywhere near penny stock territory during the year. I also set the bar above 50,000 shares traded per day, just to get rid of the May-flies that can zip higher on any big trade.
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What I got (after eliminating a couple of pretenders whose stock splits were missed by my data service) was a list of 24 stocks that booked price appreciation of more than 100% from the close on December 31, 2010 to the close on December 30, 2011.
Read the rest in today’s issue of Cabot Wealth Advisory.