Showing posts with label XIN. Show all posts
Showing posts with label XIN. Show all posts

Thursday, January 9, 2014

Recap on my picks from 5 years ago

So i was going through some of the old blog posts earlier today and I must say I am a little impressed with myself.  Most of these posts were from 2009.  SIRI, Sirius Satellite Radio I said buy when it was just under a dollar and facing delisting from Nasdaq, and that when it surpasses the dollar mark it would take off.  It is at 3.79 and it surpassed the 4 dollar mark a couple months ago.  AZZ, AZZ Incorporated I said was a buy and since that post it is up over 250%.  Ford I couldn't buy enough of at under 4 per share and i estimated 15 per share and it's there now.  Ok, enough tooting my own horn here are a couple for the future.  I am really liking XIN, it just dropped to under 5 dollars.  I think we will see it go to 8, possibly 10 dollars in the next couple years.  NBG, another one I think we will see gradually increasing.  For the long term I wouldn't be surprised to see it go from the 6 dollar range to over 20 dollars possibly more depending on how long you are willing to wait.  I think AZZ is still a good bet, it's continually growing and not afraid to invest in expanding the reach in their market.  SRCE, 1st Source Bank is another one with a bright future.  They have recently seen a boom in the price so I wouldn't buy just yet.  But when the price rebounds to around 28 dollars I would buy and expect it to climb back to 35 dollars or more.  I am going to be looking forward to reviewing this post in a couple years to see if I nailed it too, but relax, I am confident it will be close.  Thanks for reading, and subscribe for future updates.

Saturday, December 28, 2013

Stocks of interest in 2014

Looking ahead to the new year brings speculation as to which market segment will prevail as the best investment choice. I have a couple I would like to share today. First I will start with NBG - National Bank of Greece. I think this one we see marginal increases throughout 2014 but will be a good one to hang onto for the years to come. Not a get rich quick stock, but one to keep for the long term. The Greek economy shows signs of improvement and NBG has stated some interesting tactics to reduce expenses and increase revenue. Keep an eye on this one this year. Second is XIN - Xinyuan Real Estate. They build apartment complexes in middle sized asian cities and as of right now have a good P/E ratio and a positive looking future. XIN is currently 5.49 and I wouldn't be surprized to see over 7.00 in 2014. So on a recap NBG I would buy under $6.00, and same for XIN buy under $6.00. I have a sell order at $7.50 for XIN (picked it up a little over $5.00) and am holding onto NBG for a while.