Once more the calls for a return of the consumer/housing resonate in the air - because "stock prices know all" and "the market knows better than any individual" hmmm... where have I heard that before? [Sep 11, 2008: Hot Money Says a Housing Turn is Coming Soon]
The data points say "no recovery" and the executives in many cases say "no recovery" but that doesn't stop hot money from piling in, assuming a "recovery in 6 months". Maybe it's true, maybe it's not. If March 2009 marks the bottom in housing I'll come on and say "I was wrong - what an idiot I was, the American consumer is far better than I imagined." But it really doesn't matter if March 2009 will be a bottom because people are making money assuming so today - perception is reality. Remember, there is so much institutional money now, to make any real money, you need to out anticipate the out anticipators and buy ahead of everyone else it appears.
Oh thesis buyers... what happened right after early September 2008 when the "stock prices were Oracle like in nature" telling us of the coming recovery in housing and the consumer? I do believe a crash of epic proportion. Thankfully I won't have to apologize for the "March 2009" bottom that stock prices were "signaling" back then in their "all knowing" nature. But nevermind those... those... facts! We'll keep hissing about recoveries in 6 months until we get it right. Eventually it has to work out! Then we can crow. So we'll keep running up these consumer discretionary names until it's actually the right call! (even if "they've" run these same groups up prematurely 4x since the bear market began) Just keep repeating the mantra: stock prices know all, and if you doubt them - you are a heathen who does not understand The Oracle. Worked like a charm the past year and a half.
So below are really two lists - the main list have the following criteria; below the main list I've pulled some huge gainers from the true junk pile; same criteria as below but $0 to $10 stock price range. This assumes after their enormous one month gains they were under $5 a month ago. Frankly I'll be using these lists to start devising good stocks to short after the "all we need is less bad news than last month and that means all is well" cry turns into "ok, now we actually need to see a real recovery " anguish.
Criteria
- Market capitalization $800M+
- Average trading volume 200K+
- Stock price $10+
- Return this month 60%+
| Symbol | Company Name | % Price Change Last Month |
| BCS | Barclays ADR | 210.5 |
| STP | Suntech Power Holdings ADR | 162.2 |
| LAMR | Lamar Advertising Co | 127.0 |
| PAG | Penske Automotive Group Inc | 125.5 |
| ASH | Ashland Inc | 124.5 |
| TXI | Texas Industries Inc | 111.9 |
| PRU | Prudential Financial Inc | 109.5 |
| DB | Deutsche Bank AG | 108.0 |
| MET | MetLife Inc | 107.4 |
| CTV | CommScope Inc | 105.3 |
| OC | Owens Corning | 99.8 |
| HOG | Harley-Davidson Inc | 98.8 |
| CE | Celanese Corp | 98.2 |
| PUK | Prudential ADR rep 2 ord shs | 93.6 |
| PNC | PNC Financial Services Group | 93.4 |
| WYNN | Wynn Resorts Ltd | 92.5 |
| AXA | Axa ADR | 90.7 |
| WFC | Wells Fargo & Co | 89.8 |
| SIG | Signet Group PLC | 89.4 |
| HBI | Hanesbrands Inc | 89.4 |
| MHK | Mohawk Industries Inc | 87.8 |
| ALV | Autoliv Inc | 86.1 |
| STT | State Street Corp | 84.5 |
| JPM | JPMorgan Chase & Co | 83.8 |
| AMB | AMB Property Corp | 83.7 |
| THO | Thor Industries Inc | 82.2 |
| USB | US Bancorp (Del) | 81.1 |
| SNDK | SanDisk Corp | 80.9 |
| CNH | CNH Global NV | 80.8 |
| UTR | Unitrin Inc | 80.7 |
| SFD | Smithfield Foods Inc | 79.6 |
| MW | Men's Wearhouse Inc | 79.5 |
| KBH | KB Home | 78.5 |
| MFC | Manulife Financial Corp | 78.4 |
| JEF | Jefferies Group Inc | 75.5 |
| WHR | Whirlpool Corp | 74.8 |
| CLR | Continental Resources Inc(Oklahoma) | 73.8 |
| ZION | Zions Bancorp | 73.6 |
| PFG | Principal Financial Group Inc | 73.2 |
| GES | Guess? Inc | 73.2 |
| HXM | Desarrolladora Homex DR | 72.8 |
| PII | Polaris Industries Inc | 72.5 |
| MDP | Meredith Corp | 72.2 |
| BGC | General Cable Corp | 71.9 |
| UNM | Unum Group | 71.6 |
| RJF | Raymond James Financial Inc | 71.0 |
| JCI | Johnson Controls Inc | 70.5 |
| TUP | Tupperware Brands Corp | 70.5 |
| RCL | Royal Caribbean Cruises Ltd | 70.2 |
| MWV | MeadWestvaco Corp | 69.7 |
| WBC | WABCO Holdings Inc | 69.6 |
| PVH | Phillips-Van Heusen Corp | 69.5 |
| TMK | Torchmark Corp | 69.0 |
| HOT | Starwood Hotels & Resorts Worldwide | 68.9 |
| KB | Kookmin Bank | 68.4 |
| JLL | Jones Lang LaSalle Inc | 68.4 |
| CS | Credit Suisse Group ADR | 67.8 |
| WDR | Waddell & Reed Financial, Inc | 67.6 |
| EAT | Brinker International Inc | 67.5 |
| OI | Owens Illinois Inc | 67.2 |
| GFA | Gafisa ADR Representing 2 Ord Shs | 67.0 |
| MGA | Magna International Inc | 66.5 |
| SHG | Shinhan Financial ADR | 66.4 |
| DHI | D.R. Horton Inc | 66.4 |
| COF | Capital One Financial Corp | 66.3 |
| EV | Eaton Vance Corp | 66.1 |
| HAR | Harman International Industries Inc | 64.9 |
| EMN | Eastman Chemical Co | 64.7 |
| OLN | Olin Corp | 64.3 |
| BYI | Bally Technologies Inc | 64.1 |
| SFG | Stancorp Financial Group Inc | 63.5 |
| TRN | Trinity Industries Inc | 63.5 |
| RIMM | Research In Motion Ltd | 63.2 |
| BBY | Best BUY Co Inc | 62.9 |
| LTD | Limited Brands Inc | 62.8 |
| BDK | Black & Decker Corp | 62.8 |
| TEL | Tyco Electronics Ltd | 62.7 |
| LBTYA | Liberty Global Inc | 62.7 |
| BWA | BorgWarner Inc | 62.3 |
| JCP | JC Penney Co Inc | 62.2 |
| R | Ryder System Inc | 62.2 |
| JCG | J Crew Group Inc | 62.2 |
| SLF | Sun Life Financial Inc | 61.8 |
| IVZ | Invesco Holding Co Ltd | 61.6 |
| ADS | Alliance Data Systems Corp | 61.5 |
| CYT | Cytec Industries Inc | 61.0 |
| AMP | Ameriprise Financial Inc | 60.9 |
| RVBD | Riverbed Technology Inc | 60.7 |
| WLL | Whiting Petroleum Corp | 60.5 |
| WMS | WMS Industries Inc | 60.5 |
| WY | Weyerhaeuser Co | 60.4 |
| JWN | Nordstrom Inc | 60.2 |
Now for the truly meek; I just grabbed a list of sub $10 stocks who generated at least 90% gains - 35 "winners" made the list. Again the fact that AIG even has public shares for people to make money on (along with Fannie and Freddie) is a mockery unto itself.
| Symbol | Company Name | % Price Change Last Month |
| IRE | Bank Of Ireland ADR | 410.2 |
| AIB | Allied Irish Bks Depository Receipt | 252.8 |
| AIG | American International Group Inc | 225.7 |
| FDML | Federal Mogul Corp | 178.7 |
| C | Citigroup Inc | 176.7 |
| FIG | Fortress Investment Group LLC | 175.9 |
| AGO | Assured Guaranty Ltd | 163.8 |
| FITB | Fifth Third Bancorp | 154.3 |
| LVS | Las Vegas Sands Corp | 153.1 |
| IFX | Infineon Technol Depository Receipt | 151.0 |
| BAC | Bank of America Corp | 142.0 |
| HIG | Hartford Financial Services Group Inc | 141.4 |
| GNW | Genworth Financial Inc | 140.5 |
| MGM | MGM Mirage | 133.7 |
| ING | ING Groep American | 133.2 |
| TCK | Teck Cominco Ltd | 127.1 |
| HTZ | Hertz Global Holdings Inc | 116.5 |
| STX | Seagate Technology | 116.4 |
| USG | USG Corp | 116.3 |
| JAVA | Sun Microsystems Inc | 114.9 |
| GT | Goodyear Tire & Rubber Co | 110.8 |
| ACF | AmeriCredit Corp | 110.6 |
| WYN | Wyndham Worldwide Corp | 108.9 |
| XL | XL Capital Ltd | 107.8 |
| LYG | Lloyds Banking Group ADR | 106.4 |
| MBI | MBIA Inc | 104.7 |
| CBG | CB Richard Ellis Group Inc | 99.2 |
| TXT | Textron Inc | 97.9 |
| MAS | Masco Corp | 96.4 |
| EK | Eastman Kodak Co | 95.1 |
| IP | International Paper Co | 94.6 |
| JBL | Jabil Circuit Inc | 93.3 |
| CTCM | CTC Media Inc | 93.1 |
| F | Ford Motor Co | 91.2 |
| MI | Marshall & Ilsley Corp | 90.9 |
