My Stock of the Day: AHS AMN Healthcare Services, Inc. (AHS) isn’t a penny stock, but of late it has been selling for less than $15. What’s more, it’s a favorite of the AAII-Driehaus stock-selection strategy. As a portfolio, its picks have returned average total annual returns in double digits for the last 10, 5, and 3 years (18.0%, 23.1%, 24.2%) and 23.3% in 2013 through June 30. In market-collapse 2008, it held about half its value by dropping from $17.17 at the 2007 close to $8.46 at the close of 2008. The strategy is among the 77 followed by AAII. It is explained at: aaii/stock-screens/screendata/Driehaus My 5-year Yahoo chart for AHS is dramatic, with good pullback buying opportunities in 2009, 2010, and 2011. See: aaii/stock-screens/screendata/Driehaus My 3-month chart shows sharp up and down action with a buying opportunities in April and May 2013 and perhaps again now or soon. The progress of AHS needs to be watched closely now. See: finance.yahoo/q/ta?s=AHS&t=3m&l=on&z=l&q=l&p=m20%2Cm50%2Cm100%2Cp&a=m26-12-9%2Cr14&c= Never forget this: All investments and savings are gambles on the unknowable future and thus subject to loss. For lots more on becoming a DIY portfolio manager, do visit my website: balliettinvestor.blogspot To find the names of start-up companies in the business of robotics, go to: therobotreport/index.php/start_up_companies Penny Stocks: The Bad and Good Many of us, including AAII and FINRA, are less than thrilled by the notion of getting rich quick by investing in micro-cap (penny) stocks. See: aaii/journal/article/investments-that-concern-finra I think one better alternative is to pay close attention to the stocks and funds listed in the model portfolios at AAII. A ton of sound research is behind every one of them. See: aaii/model-portfolios Elsewhere, you can find the case for penny stocks. Here’s an example: howlifeworks/Article.aspx?Cat_URL=finance&AG_URL=How_Small_Investors_are_Making_Huge_Returns_Trading_Penny_Stocks_185&ag_id=1190&wid=2598B1FB-FEB3-4820-88A7-6A9B8291BCD3&did=2685&cid=1005&si_id=1608
Posted on: Fri, 02 Aug 2013 12:19:52 +0000
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