10 Hot Stocks

After Apple announced the iPhones official release as being June 29th, The Apple stock rose by 2.5% on June 4th, a day after the announcement. On that note, MSN has something called StockScouter which is a stock picking tool. What it essentially does is that it identifies 10 stocks with great potential for growth in the coming term. All stocks that are rated 8,9 or 10 are then set aside, from which stocks that have a trading volume of less than 50,000 per day are removed. The the remaining stocks are evaluated based on 3 characteristics – market capitalization, sector membership and whether they are growth or value stocks. The recently released list looks like this:

1 ) Apple (AAPL)

2 ) Analog Devices (ADI)

3 ) CVS Caremark (CVS)

4 ) Qualcomm (QCOM)

5 ) Walt Disney (DIS)

6 ) Hewlett-Packard (HPQ)

7 ) PMC-Sierra (PMCS)

8 ) ValueClick (VCLK)

9 ) Alcoa (AA)

10 ) Cytyc (CYTC)

Note that clicking on the stock symbol will launch the stock chart. Also note that all stock charts seen are shown over the time period of 1 year. Although, MSN is the one that came around with the StockScouter tool, I prefer Yahoo’s Finance Charts to MSN’s Charts. The new Yahoo Beta Charts seem to have a lot more to offer in terms of seeing splits and dividends. Hope you enjoyed this post and I shall have more in the future!