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PickScout.com tracks stock picks made in the public media. We scour the internet, magazine aisles, and the airwaves in search of stock picks. We then combine the stock picks and place them into easy-to-read portfolios. Who are we tracking? Stock picks made my Bloomberg.com, TheStreet.com,... More
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  • Stock Picks Found in the Media
     PickScout tracks stock picks made in the media.  While the picks are found in the media, they’re not always made by journalists.  Most often, stock picks found in magazines or online financial websites, are made by financial professionals interviewed by journalists.  Sometimes a journalist will interview three or four financial pros and pump them for stocks to buy or sell.   It’s also not unusual for a financial professional to write an article as a guest columnist or as a regular contributor for a major media outlet.  For example, John Dorfman, Chairman of Thunderstorm Capital in Boston, writes a weekly stock picking column for Bloomberg.com. 

    In short,  you can find great trading ideas, from financial pros, and not spend a dime.  PickScout finds these stock picks, groups them into easy-to-read portfolios, and tracks their performance.  Finally we link you back to the original source, so you can read their logic behind the picks.       

    Currently we are tracking stock picks made in Barron’s, Market Watch, Bloomberg, SmartMoney, Forbes, TheStreet.com and many others.  PickScout is excited about the stock picks we are covering this year.   Mostly they’re from reputable research firms, well known money managers, and financial newsletter editors with proven track records.  On the flip side, we do cover stock picks that come from lesser known publications and untested individuals.  No matter where the picks come from or how famous or infamous the pickers are, it’s the results that matter.  Speaking of results, last year PickScout tracked 13 “Best Of” 2009 stock picks found in various major media outlets.  These “Best Of” stock picks we tracked last year just crushed it. 

    How good were the “Best Of” stock picks found in the media in 2009?  The overall average return was over 51%, versus a 29% benchmark average.  Not one list had a negative return.  According to PickScout’s standards, stock picks found in the media beat the benchmarks by over 20%.  Each stock on PickScout is assigned a benchmark index to compare its performance versus the market.  We employ the S&P 500 for stocks with a market-cap of $10 billion or more, the S&P 400 MidCap for stocks with a market-cap of between $2 and $10 billion, and the Russell 2000 for stocks with a market-cap of under $2 billion.  The table below shows our 2009 "Best Of" stock pick results.  You can view the portfolios by clicking on the source name.      

     

    Media Source/Picker

    #  of Stocks

    Percentage Gain

    Benchmark % Gain

    Raymond James CA

    12

    196.00%

    47.00%

    TheStreet.com

    10

    92.30%

    33.70%

    Raymond James USA

    15

    54.50%

    48.70%

    Motley Fool

    14

    50.70%

    28.90%

    AOL Money

    15

    46.10%

    27.30%

    Kiplinger

    8

    35.50%

    23.50%

    TheStockAdvisors

    69

    35.50%

    27.20%

    BullishBankers

    36

    32.80%

    28.40%

    SmartMoney

    12

    32.30%

    25.60%

    InvestorPlace

    10

    26.60%

    32.80%

    Minyanville

    9

    6.50%

    26.60%

    Forbes

    12

    5.70%

    8.10%

     

    Total # Stocks

    Media 2009 Gains

     Benchmark Gain

     

    222

    51.21%

    29.80%

    Dividend not included

     

    Some of these results are borderline absurd.  Raymond James’ picks clearly hit it out of the park.  Their Canadian stock picks included many small-cap mining operations.  Its best pick was Vancouver-based Quadra Mining (OTC:QADMF), up +770% in 2009. Of their 12 stock picks, seven were up over 100%, and only one pick had a negative return.  Raymond James of Canada included Quadra Mining again in its 2010 best picks.

    In a 2009 article for TheStreet.com, Arne Alsin discussed 10 stocks he was bullish for the coming year.  His 2009 average return was over 92%.  Half of his picks were up over 100%, and two of them were up over 200%.  Two of his stocks had a negative return.

    Bullish Bankers was founded by college students in 2008.  They chose four stocks from nine sectors and finished up 32%.  Not a bad start to a financial career!  Its been a while since they updated their site and the word is they were trying sell the website.  We mention this to illustrate just how good a year 2009 was.  College students with no track record had a 32% return!   

     PickScout is tracking the same cast of characters as last year and have included many more.  At the writing of this article, Arne Alsin’s 2010 stock picks are up 17%.  Glen Bradford, also writing for TheStreet.com is up over 34% in 2010 with 10 Chinese micro-cap stock picks.

    If your trade ideas came from the media in 2009, you may have had a good year. PickScout began tracking media-made stock picks in 2009.  As a result, the performance bar has been set impossibly high.  As we move forward into 2010, PickScout will continue to track stocks made in the media.  We are tracking over 20 "Best Of" picks and continually search out more stocks to track.  There is no shortage of stock picks to be found in the media, the question is, how do they perform? 

    PickScout Editorial Team



    Disclosure: No positions
    Mar 17 1:18 AM | Link | 1 Comment
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