It is hard to believe it has been nearly a year since I recommended Finisar here on SeekingAlpha at $12.89 and two years since I recommended FNSR and GE on InvestorHives. Search my name and you will see I don't recommend many stocks in free articles.
This week, Finisar broke $45 before correcting where it is now available for $42.50.
I've taken profits in BOTH GE and FNSR. I continue to trade their ups and downs for added return, but I continue to hold and like both in my personal and newsletter portfolios as long-term investments too. By trading their ups and downs, if we have a major correction or bear market, I have cash out now to buy shares back at much lower prices. If they keep going higher, that is fine with me too.PDF file: Finisar Mar 3 Buy Alert at 24¢
PDF file: GE March 4 Buy Alert at $6.76
When I have some time, I will try to expand this instablog post into a full article about why I still like FNSR (Hint: it doesn't matter if Apple, MSFT/Nokia, Motorola or Google win the smartphone OS battle, they will ALL need bandwidth provided by Finisar products.)