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July 15, 2011
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The remaining big five of our super-growth stocks, that'd be AAPL (Apple), Chipote (CMG), Amazon (AMZN), Netflex (NFLX), and PCLN now adds Google (GOOG) to the Super-Growth party. I also have honorary member DNDN.
GOOG earnings is going to change how people look at Tech the rest of the summer. Do it to it, if you can't do it to it, don't do it.
.....and of course, AZO is in the slow super growth party.
Continue to hold these, don't over pay for them. Buy on down days.
APPLE (AAPL) is masquerading as a 350-360 stock where it should be 550. It is only at 350-60 due to concerns over Jobs health. The stock is massively undervalued.
Netflex (NFLX). Remember I was first on the block to even indicate a possible buyout of NFLX. I said Apple would buy it. Now rumors are noted that MSFT is interested. NFXL is a 285-290 stock that'll be 450 on a takeover. See what happen to CLX, a stock from 65 now at 74-76 with Icahn's stated buyout and talk that it'll go to 100. Even my dividend stocks are acting like the super-growth stocks!
Chipote (CMG). This stock is not done. The company continues to expand it's mexican menu theme while exploring other dinner venues such as asian and chicken store themes. This company knows what is doing. It's call growth which means more revenue which means higher stock price which means more money for me. I like that.
PCLN, AMAZ continues to have increased revenue due to growth, growth growth. DNDN will be a $300 a share stock in three years. It's earning will double this year and then double that next year. The demand is already there, DNDN just needs to build more facilities for it's product (which is what it is doing). Price follows earnings. GOOG is on track. Android is current king of the hill.
IS the BULL awakeing from it's summer snooze ?????
I remain in capital preservation slow growth mode in my non-taxable accounts, however will start to nibble a bit in the taxable account.
