Stock Market Game: Part 3

These picks are also for the competition on Wall Street Survivor.

By Jim Van Meerten Feb 16, 2011 2:03PM

This is Part 3 of my 10 picks for my challenge to the students of Charlotte Latin and their competition in the Stock Market Game. They can buy and sell as they please, but I'll just buy 10 stocks and let them ride for the 10-week competition.


Here are my next three picks and the reasons I added them to my portfolio. 


They were added Monday, and the reasons and charts are as of that day.

Novo Nordisk (NVO)

 

 Technical Factors:


  • 100% Barchart.com technical buy signal
  • Trend Spotter (tm) buy signal
  • 4 new highs and up 10.01% in the last month
  • Relative Strength Index 69.97% and rising
  • Trades around 122.30 with a 50 day moving average of 111.88


Fundamental Factors:
  • Wall Street brokerages posted 1 buy and 2 hold recommendations
  • Sales projected to increase by 16.90% this year and 9.20% next year
  • Earning are estimated to increase by 41.30% this year, 15.10% next year and 17.47% annually for the next 5 years
Investor Sentiment on Motley Fool:
  • CAPS members vote 478 to 19 that the stock will beat the market
  • All Stars vote 144 to 13 in agreement
 
 


Technical Factors:
  • 96% Barchart.com technical buy signal
  • Trend Spotter (tm) buy signal
  • 8 new highs and up 6.26% in the last month
  • Relative Strength Index 73.47% and rising
  • Trades around 48.43 with a 50 day moving average of 45.63
Fundamental Factors:
  • Wall Street brokerages posted 9 buy and 2 hold recommendations for their clients
  • Sales are expected to increase by 10.10% this year and 9.80% next year
  • Earnings are estimated to increase by 14.60% this year, 14.40% next year and 19.00% annually for the next 5 years
Investor Sentiment on Motley Fool:
  • CAPS members vote 106 to 7 that the stock will beat the market
  • All Stars agree with a vote of 42 to 0
 


Technical Factors:
  • 96% Barchart.com technical buy signal
  • Trend Spotter (tm) buy signal
  • 5 new highs and up 2.44% in the last month
  • Relative Strength Index 63.52% and rising
  • Trades around 42.86 with a 50 day moving average of 46.05
Fundamental Factors:
  • Wall Street brokerages published 2 buy and 1 hold recommendation for their brokers to push
  • Sales are projected to increase by 2.80% this year and 4.00% next year
  • Earning are estimated to increase by 8.50% this year, 13.20% next year and 6.40% annualy for the next 5 years
Investor Sentiment on Motley Fool:
  • CAPS members vote 80 to 5 that the stock will beat the market
  • All Stars agree with a vote of 38 to 1
Well, those are my next 3 picks. Tomorrow I'll give you the last one and then we will monitor the progress on a weekly basis.

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

116
116 rated 1
284
284 rated 2
461
461 rated 3
671
671 rated 4
628
628 rated 5
618
618 rated 6
615
615 rated 7
495
495 rated 8
347
347 rated 9
115
115 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
DYNDYNEGY Inc10
TAT&T Inc9
VZVERIZON COMMUNICATIONS9
EXCEXELON CORPORATION8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.