Saturday, June 27, 2009

Powerful Stocks

O'Neill of Investors Business Daily (I don't have a subscription with them) says that powerful stocks that give great returns usually have at least 1 of the follow 3 characteristics:

1) New (better) management

2) New (better) product(s)

3) Stock trading at new (yearly) highs


There is a lot of truth in what he's saying. I think you'd also agree with him. It makes sense.

Guess what? PALM has all three of the above characteristics. I think PALM goes alot higher. I am putting an initial target of $30 by year end.



Trend analyze PALM