Monster on the move, up almost 5% today and 15% in the last 2 weeks!

MNST or monster.com is really on the move, compared to the Nasdaq 100, is up about 15% compared to the Nasdaq 100 which is only up about 8%. There is speculation that a big partnership is in the works, that combined with the inflation fears starting to dissipate, and the brighter job market outlook have given this stock new life since double bottoming out around $23 in early May.

I also like Tyco as another stock that is likely to come back strong, their lowered guidance hurt the stock price by 20% yesterday (5/25/2005), but I believe this stock may make a comeback if you're willing to hold it for a year. Much of the business has been turned around by the change in management. Almost 50 non-core businesses have been shed from the conglomerate and the focus on operations and free cash flow shows a committment to turn around the overleveraged balance sheet. As such i see this correction as an over-reaction and value opportunity to buy into a quality company.

The hottest wine site on the web winefetch

The best new wine search. I love this site.

This guy is a genius

The person who concocted Origami Boulder is a genius. Apparently he has been running this site for 3 years now and been making money for crumpling paper into balls. It just goes to prove that you can sell anything!

New confidence coming back to the market

I think that confidence will be coming back to the market. I think MNST $24.56 on 5/08/2005, will move up another dollar in the next month. NIHD was down just before earnings to $48, but is now $54.68. I believe this will bounce up to $58 within the next two months. I intend to jump out then and book some profits.

I think there are some opportunities like NSC, a railroad stock, they have large coffers and cross-continental shipping is an industry that isn't going to slow down that much.

I believe that VRSN is still strong. I believe it may drop to about $26.50, it's around $28.50 today. I would sell now if you're holding and buy it back when it sinks. Beware that the second quarter results might be underwhelming. INSP a stock in a similar space lowered guidance because it believed that the second quarter would have weaker results because of fewer promotions run by cell phone companies and lower seasonal buying of new phones. In the long run I do expect VRSN to get to $31 within a year.

Latest Stock Musings 20050501

The market has really taken a turn since my last posting. Inflation worries, mixed earnings news, and lowered guidance have really beaten the market down.

To adjust to the lack of confidence, I have to go the stocks that will likely to rebound as we get into the latter half of 2005 .

Rebounders:
MNST
NIHD
IR

Long:
VRSN