Wednesday, November 29, 2006

Standout Stocks

My Stock of the Day is MEMC Electronics (WFR).
This stock has been consolidating nicely recently. Moreover, it has held up extremely well during this weeks correction.
I think the valuation of this stock is pretty compelling, and that it will also benefit from P/E multiple expansion over the coming months. The company has locked in solid solar contracts to provide PV wafers, and should have good visibility.
Other stocks making notable, high-volume moves include:
  • DWSN
  • ARO
  • TIE
  • MTW
  • RBC
  • MICC
  • AAP
  • COGN
  • NYX
  • PDCO
  • AAPL

long AAPL, WFR


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