67 Stocks Returning 50%+ the Past Month
I always like to take a look to see what stocks are "working" - helps me see where the money is going and what trends I am missing. I generally like to follow stocks over $5 only but since there is a bevy of "hot money" being made in the dollar stock area I thought I'd list those too this time around.
So below are two lists - the top one are the stocks gaining at least 50%, and over $5. The lower one are stocks gaining at least 50%, and under $5. I picked an arbitrary market capitalization floor of $300M to simply cull out the smallish caps.
When I see what I "missed" I can see it's a whose who of stocks that fell 90-95%+ in 2008 - such stalwarts as Fannie, Freddie, Radian, Ambak! (all names whose failure in 2008 threatened to bring down the entire financial system) [Jan 19, 2008: Bond Insurers Becoming More Troublesome]- remember when Charlie Gasparino used to break in CNBC coverage 3:30 PM every 4th day telling us how there was a rescue plan for Ambak or MBIA and drove the market up 3%? We were able to crush shorts for a good 2-3 months with that exact same story repeated countless times - thanks Charlie I'll always have memories of CNBC's responsible journalism! [Feb 22, 2008: Markets Rally on Ambak Rescue Plan Version 37] [Mar 5, 2008: Ambak is Halted Pending "Shocking" Announcement]
We also see a bevy of distressed auto suppliers (thank cash for clunkers) and then a hodge podge of speculative fare. Any list with Sirius Radio and Vonage on it, is one you don't want to be on. Except in times like this. (frankly 80% of the names in list 2 I have never seen before) As for list 1, American Axle was threatened with bankruptcy but General Motors gave them a big loan. Where did the bankrupt General Motors get the money? (look in the mirror) The US taxpayer subsidized economy and stock market continues.
As I reverse engineer myself to July 31st 2009 I have a difficult time seeing myself buying any of these as "investments" (I didn't realize plastic shoes were hot again) - this market has reached speculative level code red stage. Daytraders and HFT Unite. I am just glad I no longer try crazy things like short commercial REITs - both MAC and DDR were some of our top shorts in April 2009.
*note, AIG is only over $5 due to a 20:1 reverse split.
List 1: Over $5
Symbol Company Name % Price Change Last Month Market Capitalization AIG American International Group 264.4 6,438 AXL American Axle & Mfg 264.4 351 RDN Radian Group Inc 169.0 767 OWW Orbitz Worldwide Inc 147.7 548 ISYFF IFCO Systems NV 120.8 441 AMVMF AMG Advanced Metallurgical 96.2 400 CROX Crocs Inc 93.5 584 CATM Cardtronics Inc 91.7 325 SSP EW Scripps Co 90.0 409 IKBDF IKB Deutsche Industriebank AG 87.9 991 DAN Dana Corp 86.0 572 MSO Martha Stewart Living 85.9 339 FFG FBL Financial Group Inc 84.7 539 KBCSF KBC Groep NV 83.7 13,072 UFS Domtar Corp 82.0 1,518 LPX Louisiana-Pacific Corp 77.6 781 EK Eastman Kodak Co 74.2 1,373 MEVCF Metrovacesa SA 72.1 2,580 SWM Schweitzer Mauduit Int'l 65.0 787 AFGVF Agfa Gevaert NV 63.3 614 BKI Buckeye Technologies Inc 62.1 405 ROCK Gibraltar Industries Inc 61.7 378 C Citigroup Inc 60.8 57,203 HPNOF Highpine Oil & Gas Ltd 58.5 421 HOV Hovnanian Enterprises Inc 58.5 395 UAUA UAL Corp 58.4 947 FOE Ferro Corp 56.5 345 NWLTF Newalta Inc 56.3 316 XIDE Exide Technologies 55.8 561 SANMD Sanmina-SCI Corp 55.4 432 AIB Allied Irish Bks 54.6 3,177 MBI MBIA Inc 53.7 1,369 ATPG ATP Oil & Gas Corporation 52.1 497 DDR Developers Diversified Realty 52.0 1,354 CBL CBL & Associates REIT 51.0 1,204 JHX James Hardie Industries ADR 50.7 2,658 SBP Santander Bancorp 50.4 419 MAC Macerich Co 50.3 2,304 GET Gaylord Entertainment Co 50.2 881
List 2: Under $5
Symbol Company Name % Price Change Last Month Mkt Cap VG Vonage Holdings Corp 373.8 312.4 RTK Rentech Inc 329.8 389.7 FRE Freddie Mac 273.3 1,452.2 ABK Ambac Financial Group Inc 140.0 517.6 QUTDF Quintain Estates & Devlp 138.8 362.0 TDAKF TODA KOGYO CORP 132.4 399.6 JHPSF Johnston Press plc 113.9 362.4 BZ Boise Ord Shs 104.4 395.2 UTGPF UNITE Group PLC 80.4 463.4 CUDEF Cudeco Ltd 78.8 532.7 NTXFF Natixis SA 78.5 14,246.8 CIT CIT Group Inc 77.3 611.6 DKYOF DAIKYO INC 75.2 875.0 TNMRF Trinity Mirror PLC 70.2 575.4 DTZHF DTZ Holdings PLC 70.1 395.0 APLVF AP Alternative Assets LP 67.8 480.2 NBDFF Norbord Inc 66.7 654.7 MTLQQ Motors Liquidation Ord Shs 66.3 502.5 EMNSF Elementis PLC 63.9 365.1 AFGVF Agfa Gevaert NV 63.3 614.4 SIRI Sirius XM Radio Inc 62.7 2,667.3 BPOP Popular Inc 57.7 547.1 KFN KKR Financial Holdings LLC 57.0 496.6 CNO Conseco Inc 56.1 833.8 IULTF Industrea Ltd 55.7 344.8 GRGTF Grainger Plc 55.6 632.6 ICGUF Intermediate Capital Group 52.6 1,840.4 EOHDF Emeco Holdings Ltd 52.4 424.7
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