When you have a 1 year time frame, all you need is ONE month to make a great return, and that is our motto going into the last half of 2011.
The recent decline in the price of oil has not been so kind, as my 4 stocks to buy in 2011 are down a combined -7.69%.
|Ticker||Initial Price ($)||Price End 6/30/11 ($)||YTD Change (%)|
JP Morgan (JPM) -2.27%
A leader in the finance/banking sector. This stock will push higher as the market continues to realign itself. Looks like a downtrend has been broken to the upside.
Petrobras (PZE) -25.15
Not much to be excited about here, until the current downward trend is broken; however, I still like to believe oil will finish at a higher price than it currently is by year’s end, which will benefit this stock.
Whirlpool (WHR) -7.42
This cash cow really has not taken off as was expected, but that was due to the resurgence of a crumbling global economy. Have we hit a bottom though? The chart seems to say so. If we can bust through $90 on the third try then watch out.
Schlumberger (SLB) +4.06
Another stock hit by declining oil prices and a struggling economy. The chart sets up similarly to that of Whirlpool. Looking for a higher stock price by year’s end.
All in all, while the first half of 2011 has not been good to my 4 stocks, it is a WHOLE year game, and there is more upside in front of us.
On the bright side, check out how well Crocs (CROX) did!
Competing Blogger Rankings
|Rank||Site||YTD Return (%)|
|1||The Intelligent Speculator||9.35|
|2||Dividend Growth Investor||8.89|
|3||My Trader’s Journal||8.67|
|4||Million Dollar Journey||8.06|
|5||Where Does All My Money Go||-1.01|
|6||The Financial Blogger||-3.74|
|7||Money Smart Blog||-5.72|
|8||The Wild Investor||-7.69|
|9||Beating the Index||-12.01|