Stocks Returning 60% in the Past Month

I thought a screen of the best performing stocks over the past month would be appropriate at this time as we've just exited the best 4 week period since the 1930s (while still down on the year). There have been a lot of ".... since the 1930s" going on the past year and a half, so it's only appropriate we continue to swing from one emotional extreme to another. We said a month ago we were at a historic "near 40%" divergence from the 200 day moving average" and the rubber band was pulled like no other time in history - and boy have we "reverted to the mean".

Once more the calls for a return of the consumer/housing resonate in the air - because "stock prices know all" and "the market knows better than any individual" hmmm... where have I heard that before? [Sep 11, 2008: Hot Money Says a Housing Turn is Coming Soon]

The data points say "no recovery" and the executives in many cases say "no recovery," but that doesn't stop hot money from piling in, assuming a "recovery in 6 months". Maybe it's true, maybe it's not. If March 2009 marks the bottom in housing I'll come on and say "I was wrong - what an idiot I was, the American consumer is far better than I imagined." But it really doesn't matter if March 2009 will be a bottom because people are making money assuming so today - perception is reality. Remember, there is so much institutional money now, to make any real money, you need to out anticipate the out anticipators and buy ahead of everyone else it appears.

Oh thesis buyers... what happened right after early September 2008 when the "stock prices were Oracle like in nature" telling us of the coming recovery in housing and the consumer? I do believe in a crash of epic proportion. Thankfully I won't have to apologize for the "March 2009" bottom that stock prices were "signaling" back then in their "all knowing" nature. But nevermind those... those... facts! We'll keep hissing about recoveries in 6 months until we get it right.

Eventually it has to work out! Then we can crow. So we'll keep running up these consumer discretionary names until it's actually the right call! (even if "they've" run these same groups up prematurely 4x since the bear market began) Just keep repeating the mantra: stock prices know all, and if you doubt them - you are a heathen who does not understand The Oracle. Worked like a charm the past year and a half.

So below are really two lists - the main list has the following criteria; below on the main list I've pulled some huge gainers from the true junk pile; same criteria as below but $0 to $10 stock price range. This assumes after their enormous one month gains they were under $5 a month ago. Frankly I'll be using these lists to start devising good stocks to short after the "all we need is less bad news than last month and that means all is well" cry turns into "ok, now we actually need to see a real recovery " anguish.

Criteria

1. Market capitalization $800M+
2. Average trading volume 200K+
3. Stock price $10+
4. Return this month 60%+

Symbol	Company Name	% Price Change Last Month
BCS	Barclays ADR	210.5
STP	Suntech Power Holdings ADR	162.2
LAMR	Lamar Advertising Co	127.0
PAG	Penske Automotive Group Inc	125.5
ASH	Ashland Inc	124.5
TXI	Texas Industries Inc	111.9
PRU	Prudential Financial Inc	109.5
DB	Deutsche Bank AG	108.0
MET	MetLife Inc	107.4
CTV	CommScope Inc	105.3
OC	Owens Corning	99.8
HOG	Harley-Davidson Inc	98.8
CE	Celanese Corp	98.2
PUK	Prudential ADR rep 2 ord shs	93.6
PNC	PNC Financial Services Group	93.4
WYNN	Wynn Resorts Ltd	92.5
AXA	Axa ADR	90.7
WFC	Wells Fargo & Co	89.8
SIG	Signet Group PLC	89.4
HBI	Hanesbrands Inc	89.4
MHK	Mohawk Industries Inc	87.8
ALV	Autoliv Inc	86.1
STT	State Street Corp	84.5
JPM	JPMorgan Chase & Co	83.8
AMB	AMB Property Corp	83.7
THO	Thor Industries Inc	82.2
USB	US Bancorp (Del)	81.1
SNDK	SanDisk Corp	80.9
CNH	CNH Global NV	80.8
UTR	Unitrin Inc	80.7
SFD	Smithfield Foods Inc	79.6
MW	Men's Wearhouse Inc	79.5
KBH	KB Home	78.5
MFC	Manulife Financial Corp	78.4
JEF	Jefferies Group Inc	75.5
WHR	Whirlpool Corp	74.8
CLR	Continental Resources Inc(Oklahoma)	73.8
ZION	Zions Bancorp	73.6
PFG	Principal Financial Group Inc	73.2
GES	Guess? Inc	73.2
HXM	Desarrolladora Homex DR	72.8
PII	Polaris Industries Inc	72.5
MDP	Meredith Corp	72.2
BGC	General Cable Corp	71.9
UNM	Unum Group	71.6
RJF	Raymond James Financial Inc	71.0
JCI	Johnson Controls Inc	70.5
TUP	Tupperware Brands Corp	70.5
RCL	Royal Caribbean Cruises Ltd	70.2
MWV	MeadWestvaco Corp	69.7
WBC	WABCO Holdings Inc	69.6
PVH	Phillips-Van Heusen Corp	69.5
TMK	Torchmark Corp	69.0
HOT	Starwood Hotels & Resorts Worldwide	68.9
KB	Kookmin Bank	68.4
JLL	Jones Lang LaSalle Inc	68.4
CS	Credit Suisse Group ADR	67.8
WDR	Waddell & Reed Financial, Inc	67.6
EAT	Brinker International Inc	67.5
OI	Owens Illinois Inc	67.2
GFA	Gafisa ADR Representing 2 Ord Shs	67.0
MGA	Magna International Inc	66.5
SHG	Shinhan Financial ADR	66.4
DHI	D.R. Horton Inc	66.4
COF	Capital One Financial Corp	66.3
EV	Eaton Vance Corp	66.1
HAR	Harman International Industries Inc	64.9
EMN	Eastman Chemical Co	64.7
OLN	Olin Corp	64.3
BYI	Bally Technologies Inc	64.1
SFG	Stancorp Financial Group Inc	63.5
TRN	Trinity Industries Inc	63.5
RIMM	Research In Motion Ltd	63.2
BBY	Best BUY Co Inc	62.9
LTD	Limited Brands Inc	62.8
BDK	Black & Decker Corp	62.8
TEL	Tyco Electronics Ltd	62.7
LBTYA	Liberty Global Inc	62.7
BWA	BorgWarner Inc	62.3
JCP	JC Penney Co Inc	62.2
R	Ryder System Inc	62.2
JCG	J Crew Group Inc	62.2
SLF	Sun Life Financial Inc	61.8
IVZ	Invesco Holding Co Ltd	61.6
ADS	Alliance Data Systems Corp	61.5
CYT	Cytec Industries Inc	61.0
AMP	Ameriprise Financial Inc	60.9
RVBD	Riverbed Technology Inc	60.7
WLL	Whiting Petroleum Corp	60.5
WMS	WMS Industries Inc	60.5
WY	Weyerhaeuser Co	60.4
JWN	Nordstrom Inc	60.2

Now for the truly meek; I just grabbed a list of sub $10 stocks who generated at least 90% gains - 35 "winners" made the list. Again the fact that AIG even has public shares for people to make money on (along with Fannie and Freddie) is a mockery unto itself.

Symbol	Company Name	% Price Change Last Month
IRE	Bank Of Ireland ADR	410.2
AIB	Allied Irish Bks Depository Receipt	252.8
AIG	American International Group Inc	225.7
FDML	Federal Mogul Corp	178.7
C	Citigroup Inc	176.7
FIG	Fortress Investment Group LLC	175.9
AGO	Assured Guaranty Ltd	163.8
FITB	Fifth Third Bancorp	154.3
LVS	Las Vegas Sands Corp	153.1
IFX	Infineon Technol Depository Receipt	151.0
BAC	Bank of America Corp	142.0
HIG	Hartford Financial Services Group Inc	141.4
GNW	Genworth Financial Inc	140.5
MGM	MGM Mirage	133.7
ING	ING Groep American	133.2
TCK	Teck Cominco Ltd	127.1
HTZ	Hertz Global Holdings Inc	116.5
STX	Seagate Technology	116.4
USG	USG Corp	116.3
JAVA	Sun Microsystems Inc	114.9
GT	Goodyear Tire & Rubber Co	110.8
ACF	AmeriCredit Corp	110.6
WYN	Wyndham Worldwide Corp	108.9
XL	XL Capital Ltd	107.8
LYG	Lloyds Banking Group ADR	106.4
MBI	MBIA Inc	104.7
CBG	CB Richard Ellis Group Inc	99.2
TXT	Textron Inc	97.9
MAS	Masco Corp	96.4
EK	Eastman Kodak Co	95.1
IP	International Paper Co	94.6
JBL	Jabil Circuit Inc	93.3
CTCM	CTC Media Inc	93.1
F	Ford Motor Co	91.2
MI	Marshall & Ilsley Corp	90.9

Comments

[Mad Hedge F...:]

Something just hit the fan. Deutsche Bank’s former banking analyst Michael Mayo sucker punched the market today, putting out a report ominously entitled “The Seven Deadly Sins of Banking” listing all 11 major banks as “underperforms” or “sells”. Talk about closing the gate after the horses have bolted. At one point the Dow was down 150. Mayo says that banks are carrying loans on their books at a wildly optimistic 98 cents on the dollar, and that real losses will exceed those seen in the Great Depression. We have only seen the tip of the iceberg of losses from credit cards, commercial real estate, and corporate loans. The report tells you how much the landscape has changed. New, independent research boutiques used to suck up to clients to garner fee business. Now they take them out behind the woodshed and beat them senseless. If true, you can forget about buying stocks. Instead you should be loading up on canned food, bottled water, and lots of ammo.

Apr 06 02:12 PM