Momentum Stocks (25 Jul 11)

TO ALL:

Here are the “potential trades” for next week:

Momentum Stocks

This strategy is a simple but highly effective rotation strategy that buys the best performing stocks trading within 10% of their 52-week high.  This strategy focuses on a powerful concept:  buying stocks making new highs or climbing toward their 52-week high and are within a 10% striking distance.   

   

Petrohawk Energy Corp (HK) $38.24

First Majestic Silver Corp (AG) $24.94

Nalco Holding Co (NLC) $36.69

Google Inc (GOOG)  $618.23

Lululemon Athletica Inc (LULU)  $63.44

Statistics have shown that stocks making new highs have a tendency of making even higher highs.  These are the stocks we all dream about.  Getting in and watching it go up.

All positions displayed are for educational purposes only and are not intended to be recommendations.