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I usually post a “best of” list each week in terms of best returns. I thought it would be instructive to show the top 35 stocks (over $2 billion market cap) of the past week. The numbers are staggering… not just in the % return but I am including the market capitalization in the far left column. For those who are newer to the market, market capitalization is simply the # of shares X the stock price and it signifies “size”. The scale below is billions so 13.2 = 13.2 Billion. When you cross reference the percentage moves against the market caps you can see you many “billions” have been created on paper in the last 5-6 days. Again, we’ve seen this action before, and you just have to shake your head when stodgy financials trade like small cap Chinese stocks or dot coms from the late 90s, falling 60%… popping 50%. $100 Billion market cap companies at that. Obviously it represents a …
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24 July, 2008| Fundamental Analysis |
@ 6:00
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