The Buy List Continues to Rally

The Buy List is up to another new high this year. As of 10 am, we’re up 7.6% for 2010 which is about double the S&P 500.
AFLAC (AFL) is up to another new high today. The shares are now up over 17% for the year. It’s hard to believe this stock was around $10 a share one year ago. I’m also pleased to see SEI Investments (SEIC) break out to a new 52-week high. The stock was upgraded a few days ago and it seems to be responding well. Currently, four of our Buy List stocks are up over 15% this year.
The best news yesterday came from Intel (INTC). Actually, it wasn’t news but a rumor that Intel will pre-announce strong earnings. The company hasn’t said anything and I doubt they will. The next earnings report isn’t due until April 13.
Still, the company is doing well. In January, Intel said that Q1 margins and revenues will above Wall Street’s expectations. The Street currently has Intel’s first-quarter’s earnings pegged at 37 cents a share. That seems about right.

Posted by on March 17th, 2010 at 9:26 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.