Below is the performance of the top five stocks from our Nasdaq 100 list dated November 16, 2012 (found here) to the present:
|BBBY||Bed Bath & Beyond||56.4||78.3||38.83%|
Of the top five stocks on our watch list, only one, Flextronics (NASDAQ:FLEX), was unable to exceed the Nasdaq 100 after slightly more than one year. However, within the year, Flextronics was able to achieve a gain of more than +70% by September 2013 before the most recent slump.
Baidu (NASDAQ:BIDU) was the clear outperformer with a gain of +75% in the last year. In spite of the gains made by the stock, Baidu was recommended when the stock was trading at $85.02 with the following chart and commentary (found here):
"The Speed Resistance Lines for Baidu are very compelling at this time as shown below:
"The conservative downside target of $93.43 has been achieved and we are now sitting at the extreme downside target of $54.79. All indications, based on the SRL, are that Baidu is worth considering in a two stage purchase plan, once at the current level and again at $67 or lower."
The remaining watch list from November 16, 2012 also did well with an average gain of +45.87% for the entire watch list and 55% of the entire list exceeding the returns of the Nasdaq 100 Index and only 11% experiencing a decline.
|EXPD||Expeditors Int'l of WA||35.76||43.52||21.70%|
|WCRX||Warner Chilcott plc||11.98||22.93||91.40%|
|CHKP||Check Point Software||43.67||61.74||41.38%|