Today's Trading

Sector Trend: China; Watch CHNG and Ignore CAGC

SMALLCAP MARKETPLACE
Ian Wyatt | Oct 09, 2009 4:30pm EDT
Rating: 1 out of 4 stars

Watching the daily Top Gainers list for what I like to call "investment-grade" companies is a worthwhile exercise. Over the last few weeks, we've uncovered a few stocks that would have made money. We found REITs like Maguire Properties (NYSE:MPG), Strategic Hotels & Resorts (AMEX:BEE), and Roberts Realty Investors (AMEX:RPI).

Oil & Gas stocks like Tri-Valley (AMEX:TIV), American Oil & Gas (AMEX:AEZ), Rexx Energy (Nasdaq:REXX), RAM Energy (Nasdaq:RAME) and Pioneer Drilling (AMEX:PDC).

We've found nice looking technology stocks in Trident Microsystems (Nasdaq:TRID) and Ramtron International (Nasdaq:RMTR). I find Ramtron especially interesting, because I profiled the company in a recent Special Report called The 10 Most Profitable Small Cap Stocks for 2010 for members of my advisory service SmallCapInvestor PRO.

That report was released on September 1, when Ramtron was a $1.64 stock. Today, it trades for $2.34 and has been as high as $2.60. (Click HERE for more about Ramtron and the 9 other stocks in my report.)

We've watched IPOs move higher, which is definitely a trend worth following. This week's IPOs Mistras Group (NYSE:MG) and Verisk Analytics (Nasdaq:VRSK) are basically flat, which is an aberration. According to Wall Street Journal data, there's been 34 IPOs in 2009. And 23 of them are up. That's almost exactly a 66% win rate.

Another sector theme that's showing up today is Chinese stocks...

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