Friday, March 26, 2010

New 52 Week Highs for Apple, AerCap Holdings, and Sears Holdings

After such a reversal yesterday its surprising to see the market up much less 3 stocks that we own in the Growth and Opportunistic Portfolios hitting new 52 week highs today. Especially considering the reversal on Apple (AAPL) yesterday seemed to foretell lower prices. AerCap (AER) and Sears Holdings (SHLD) remain very cheap value plays while AAPL would be considered a cheap growth stock.

Not sure I'd chase them today, but it further highlights how stock selection can beat the market.

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