AAS Top Ten as of August 11, 2006
Each weekend I post graphs of six holdings from the Top Ten page of our investment newsletter. The Top Ten page is broken down into six groups that include: Long Stocks, Short-Sell Stocks, Exchange Traded Funds, Fidelity Select Funds, ProFunds Funds and Rydex Funds. We include ten securities within each group, sixty in all, ranked first by the current “AAS Recommendation, “and then by the AAS Rating Score. Those that are “AAS Recommended Buys” and that have the highest AAS Rating Scores are at the top. The purpose of presenting performance in this manner is to illustrate how easy it is for investors to use our newsletter to actively manage a portion of their investment portfolio to generate alpha for themselves.
The graphs below represent the top holding within each of the six groups as of Friday, August 11, 2006. The green arrow represents the first date that the security became an “AAS Recommended Buy” after previously being an “AAS Recommended Sell.” I’ve also included the most recent recommendation of each security. The performance this week improved over the previous week ending Friday, August 4, 2006 with five out of the six AAS Top Ten investments gaining.
Express Scripts Inc. (ESRX) was our highest rated stock within the “Long Stock” group as of August 11, 2006. ESRX was a “sell” recommended security in early June when it began to develop a positive trend. It took several weeks for the stock to pass all the criteria needed to be a recommended “buy,” which took place on July 14, 2006 at a price of 69.85. The closing price on Friday was 82.56, which results in a gain of 18.19% since the “buy” recommendation.
NVR, Inc. (NVR), which was highlighted several weeks ago as our weakest stock, was again the lowest rated within the “Short-Sell Stock” group as of August 11, 2006. NVR was upgraded on April 25, 2006 to a “buy” recommended security, but then almost immediately reverted to a “sell” recommended security two days later when the closing price was 763.00. As of Friday, NVR closed at 504.00 for a loss of 33.94% since the initial “short-sale” recommendation. Shorting stocks, although profitable if done correctly, is risky business. There's no need to do it unless you have the experience, knowledge, and capital to cover your short if needed. QMA does not short stocks for its clients and AAS does not recommend the practice to its subscribers.
The iShares S&P Latin America 40 Index ETF (ILF) was our highest rated within the “Exchange Traded Fund” group. It was last up-graded to an "AAS Recommended Buy" on August 2, 2006 when the closing price was 140.09. ILF has been a volatile issue over the last few weeks, but it remains a recommended “buy” ETF. As of Friday, ILF closed at a price of 144.08 for a gain of 2.84%.
The Fidelity Select Utilities Growth Fund (FSUTX) was our highest rated within the “Fidelity Select Mutual Fund” group for the second week in a row. It was last upgraded from an “AAS Recommended Neutral” to an “AAS Recommended Buy” on June 28, 2006 when the closing price was 46.87. As of Friday, August 18th, FSUTX closed at 49.65 for a gain of 5.93% since the initial investment. Currently, FSUTX remains an “AAS Recommended Buy.”
The ProFunds Ultra Japan Fund (UJPIX) was our highest rated within the “ProFund Mutual Fund” group. This fund is leveraged to correspond to 200% of the daily performance of the Nikkei 225 Stock Average. This mutual fund was last upgraded to an “AAS Recommended Buy” on August 9, 2006 when the closing price was 59.61. As of Friday, August 18th, UJPIX closed at 63.77 for a gain of 6.98%. Currently, UJPIX is an “AAS Recommended Buy."
The Rydex Precious Metals Fund (RYPMX) was our highest rated within the “Rydex Mutual Fund” group for the second week in a row. This mutual fund was last upgraded from an “AAS Recommended Neutral” to an “AAS Recommended Buy” on August 2, 2006 when the closing price was 55.59. As of Friday, August 18th, RYPMX closed at 52.76 for a loss of 5.09%. Currently, RYPMX is an “AAS Recommended Neutral.”
The graphs below represent the top holding within each of the six groups as of Friday, August 11, 2006. The green arrow represents the first date that the security became an “AAS Recommended Buy” after previously being an “AAS Recommended Sell.” I’ve also included the most recent recommendation of each security. The performance this week improved over the previous week ending Friday, August 4, 2006 with five out of the six AAS Top Ten investments gaining.
Express Scripts Inc. (ESRX) was our highest rated stock within the “Long Stock” group as of August 11, 2006. ESRX was a “sell” recommended security in early June when it began to develop a positive trend. It took several weeks for the stock to pass all the criteria needed to be a recommended “buy,” which took place on July 14, 2006 at a price of 69.85. The closing price on Friday was 82.56, which results in a gain of 18.19% since the “buy” recommendation.
NVR, Inc. (NVR), which was highlighted several weeks ago as our weakest stock, was again the lowest rated within the “Short-Sell Stock” group as of August 11, 2006. NVR was upgraded on April 25, 2006 to a “buy” recommended security, but then almost immediately reverted to a “sell” recommended security two days later when the closing price was 763.00. As of Friday, NVR closed at 504.00 for a loss of 33.94% since the initial “short-sale” recommendation. Shorting stocks, although profitable if done correctly, is risky business. There's no need to do it unless you have the experience, knowledge, and capital to cover your short if needed. QMA does not short stocks for its clients and AAS does not recommend the practice to its subscribers.
The iShares S&P Latin America 40 Index ETF (ILF) was our highest rated within the “Exchange Traded Fund” group. It was last up-graded to an "AAS Recommended Buy" on August 2, 2006 when the closing price was 140.09. ILF has been a volatile issue over the last few weeks, but it remains a recommended “buy” ETF. As of Friday, ILF closed at a price of 144.08 for a gain of 2.84%.
The Fidelity Select Utilities Growth Fund (FSUTX) was our highest rated within the “Fidelity Select Mutual Fund” group for the second week in a row. It was last upgraded from an “AAS Recommended Neutral” to an “AAS Recommended Buy” on June 28, 2006 when the closing price was 46.87. As of Friday, August 18th, FSUTX closed at 49.65 for a gain of 5.93% since the initial investment. Currently, FSUTX remains an “AAS Recommended Buy.”
The ProFunds Ultra Japan Fund (UJPIX) was our highest rated within the “ProFund Mutual Fund” group. This fund is leveraged to correspond to 200% of the daily performance of the Nikkei 225 Stock Average. This mutual fund was last upgraded to an “AAS Recommended Buy” on August 9, 2006 when the closing price was 59.61. As of Friday, August 18th, UJPIX closed at 63.77 for a gain of 6.98%. Currently, UJPIX is an “AAS Recommended Buy."
The Rydex Precious Metals Fund (RYPMX) was our highest rated within the “Rydex Mutual Fund” group for the second week in a row. This mutual fund was last upgraded from an “AAS Recommended Neutral” to an “AAS Recommended Buy” on August 2, 2006 when the closing price was 55.59. As of Friday, August 18th, RYPMX closed at 52.76 for a loss of 5.09%. Currently, RYPMX is an “AAS Recommended Neutral.”
posted by Justin at
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