Sunday, December 25, 2005

Value Christmas

I haven't decided which REIT to buy; I don't want to have to sell the stock on Wednesday if it starts slipping. I'm more interested in a stock that doesn't move but yields income.

Going to finish looking deeper at the stocks that came up in my latest screen. I asked Yahoo to tell me which stocks have a combination of yearly 30% earnings growth over the last five years, and a low p/s and low PEG.

This screen yielded Jo-Ann Stores (JAS), which can be looked at as a value play, a looming bankruptcy, or a turnaround story in the making.

Hub Group Inc. (NasdaqNM: HUBG). Downer's Grove based freight logistics company. Stock had risen in the face of rising energy prices, then corrected in late November. Friday's close of $35.71 is well below 52 week high resistance at $41.11.

Alliance Data Systems Corp. (NYSE: ADS). Dallas -based transaction processing company has some risk of testing thirty dollars when earnings come out next month. Stock is meeting resistance from declining 50-day simple moving average. Friday's close, $36.08.

Cimarex Energy Co. (NYSE: XEC). Denver oil and gas company has broken out over 50-day moving average, and that sma is crossing upward into the 200-day. 52-week high is $46.31. Might go for a limit order at $40.99, based on Friday's $41.41 close.

Laserscope (NasdaqNM:LSCP). San Jose medical device maker stock meeting resistance from declining 50-day moving average. Based on Friday's close of $22.84, not far from testing the teens, which seems a fair price for a company earning a dollar per share.

Parlux Fragrances Inc. (NasdaqNM: PARL). Ft. Lauderdale company fragrance and beauty company is almost a Paris Hilton pure play. Also licensed to manufacture for Perry Ellis, Jockey, and others. Friday's close was $29.64, comfortably above the 50 -day sma.

Ventiv Health Inc. (NasdaqNM: VTIV). Somerset, NJ -based company closed Friday at $24.77 on volume of about a hundred thousand shares, somewhat above the 50 day sma. That's the problem with this screen, takes into account Ventiv's negative 2001 earnings per share.

Alliance Resource Partners LP (NasdaqNM: ARLP). Tulsa company markets steam coal to utilities and industrial users. Stock is trading below 50-day sma, roughly moving in line with energy prices. That's another problem with this screen. The PEG is only an estimate. I have to look at the income statement and somehow divine whether the smoking hot growth will continue?

USA Truck Inc. (NasdaqNM: USAK) . Van Buren, AK, dry truck carrier traded only 74 thousand shares on Friday. Seems pretty fairly priced at Friday's close of $30.94. This is getting a little overbought, but I might set an alert if it dips and tests twenty five.

Rocky Shoes & Boots Inc. (NasdaqNM: RCKY). This Nelsonville, Ohio boot maker may have found a bottom around Friday's close of $22.41.

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