Following The Fool’s Smartest Stock Moves
August 29, 2009 by Tisa Silver
Filed under Finance
I recently started following thefool.com’s “This Week’s 5 Smartest Stock Moves,” and although the list is backward looking, I thought it would be interesting to see if any of the picks turned out to be good going forward.
The moves below were originally posted by Rick Munarriz on 8/21, and below you will find how they panned out for the week of 8/24 – 8/28.
Photo by Pug Father, courtesy of flickr
Apple (AAPL) – Price when reported by the Fool: $169.22. Closing price on 8/28: $170.05. One-week rate of return: 0.49 percent.
News Corp (NWS) – Price when reported by the Fool: $12.88. Closing price on 8/28: $12.93. One-week rate of return: 0.39 percent.
Sirius (SIRI) – Price when reported by the Fool on 8/21: $0.70. Closing price on 8/28: $0.69. One-week rate of return: -1.43 percent. BTW- I think it’s worth a mention that in the prior week SIRI boasted a 22.8 percent return.
TJ Maxx (TJX) – Price when reported by the Fool: $35.86. Closing price on 8/28: $36.53. One-week rate of return: 1.86 percent.
Google (GOOG) – Price when reported by the Fool: $465.24. Closing price on 8/28: $464.75. One-week rate of return: -0.1 percent.
That makes three out of five in positive territory, and those in the negative didn’t result in any major losses. Not too shabby.
This week’s picks are TiVo (TIVO), Yahoo! (YHOO), New York Times (NYT), Nokia (NOK) and Google (GOOG). For the full article, visit thefool.com.
Next Saturday, I will check up on The Motley Fool’s moves once more.
It’s always interesting to see how the “experts” perform with their stock picks. I know Jim Cramer’s picks (the one who got skewered for hypocrisy by Jon Stewart) have been tracked, and, believe it or not, he outperformed the market by 3-4%, though I don’t know how any individual investor could possibly follow or implement his recommendations.
Cramer is interesting to watch. I’ve heard some other people say he’s only right about 50% of the time, but even if that’s true, it’s probably better than the average investor. His recommendations are definitely impossible to implement. There are no considerations for risk tolerance or portfolio construction.
You should ask Cramer to do a show at U of D when he’s in college visit mode. And I agree, no consideration to risk or portfolio construction, but its edutainment. I think I recall Buffett saying if someone is right 60% of the time they’ll be a very successful investor.
I think a Blue Hen edition of Mad Money would be great. It seems like Cramer has been laying low as of late.
Yeah, Jon Stewart humiliated him pretty well. He seems to be a little less bombastic and full of himself.
I agree with “The Biz of Life” Cramer doesn’t exactly have the best reputation for accuracy. I’d rather research and pick my own stocks. I think Mentor Capital (MNTR.PK) is one of the best stocks out there. They have a 20 percent vesting in Quantum Immunologics, a private cancer immunotherapy company with FDA clinical trials in progress for the treatment of breast cancer. It is expected to be safer than existing treatments and have only flu-like symptoms. This merger could send the value of Mentor Capital stock rising.