*Top Stocks have EPS growth rates of at least 40% prior to major advances. This is an easy way to help identify strong potential breakout stocks. Make note, however, that with breakout stocks it is critical to buy at the pivot point that springboards to upside, and to set tight 7-8% stop losses on your buy. This makes it harder and harder to effectively buy a break out stock that won't lose 7 to 8% on any now typical 2% Dow move day.
With the market itself spring loaded, however, for upside profits could now exceed and leap 10% a quarter; that is, if we follow history of recessions.
This is important.
Gene Epstein in Barron's 11/16/09 issue strikes a logical argument in Upwardly Mobile. There is logic to his thinking, based on a "scaled back company", and IF unemployment stays high:
http://online.barrons.com/article/SB125816514286948047.html
If Playboy sells to Iconix (Playboy one of our Blue Chip recommendations) one of the largest assets being sold for the $300 million price tag is the rabbit ear logo.
Here it is proven that something worth nothing is worth something and that what is not real has value.