|SILICON IMAGE INC (NasdaqGS)|
In other news, my May 22nd tranche is off to an outstanding start. It is up about 8% in the first two weeks. I picked the stocks simply taking the 5 largest market cap stocks that day in the 50 greater than 100m list: RHI, ACN, TRA, MHP and AEO. I do think the market will continue to favor larger stocks until we start seeing a re-birth of M&A activity.
If I were to pick 5 stocks today using that same approach I'd get LRCX, TRA, RHI, FTO and HLF. I will likely use this screen at the end of June for my next tranche.
JTX announced disappointing earnings today. A few of Steve A's Magic Diligence stocks have taken some hits (BBSI also took a fall and HURC, which went up sharply intially has dropped just as sharply to about where it was when he first recommended it).