Portable Alpha Daily

Google
 
Web alpha-advisor.com

Wednesday, January 24, 2007

Joy Global Inc.

Joy Global Inc. (JOYG 11/13/06) was upgraded to “buy” status last night after a brief stint in “neutral” territory. We’ve had a buy or neutral recommendation on JOYG since November 13th, 2006 and have seen the price appreciate by over 15% since then. It’s still well below it’s 52-week high of 72.23 and should hopefully find support from it’s 50-Day Moving Average. Throw in the push for alternative energy sources, with clean burning coal a topic du jour, and this coal extraction company looks pretty interesting.

Short-Term Technical Indicators

Investor Sentiment

Long-Term Market Model – Bearish since December 8th.

Asset Allocation – AAS Model Portfolios are between 56.25% and 75% long currently.

Beta Exposure and Portable Alpha Generation
Date = Date of AAS “Buy” or “Short/Sell” Recommendation

Top Rated Major Market Derivative – No buy recommended major market investments

Top Rated Style-Box Derivative – No buy recommended style-box investments

Top Rated Sector Derivative – iShares Dow Jones U.S. Financial (IYF 1/16/07)

Today’s Top “Buy” Recommended Stocks

NBTY, Inc. (NTY 12/5/06)

CPI Corp. (CPY 1/23/07)

CarMax Inc. (KMX 7/25/06)

Martin Marietta Materials, Inc. (MLM 11/6/06)

Savient Pharmaceuticals Inc. (SVNT 8/9/06)

Precision Castparts Corp. (PCP 9/20/06)

Navistar International Corp. (NAV 9/12/06)

The Goodyear Tire & Rubber Co. (GT 8/23/06)

Boston Properties Inc. (BXP 1/10/07)

The Ryland Group Inc. (RYL 1/18/07)

Today’s Top “Sell” Recommended Stocks

StarTek, Inc. (SRT 11/28/06)

Brightpoint Inc. (CELL 9/19/06)

Whole Foods Market Inc. (WFMI 11/2/06)

Rogers Corp. (ROG 12/6/06)

Advanced Micro Devices Inc. (AMD 9/27/06)

0 Comments:

Post a Comment

<< Home