Quick contest for stock traders, Which is the best performing stock YTD?

[Rocker_IHB]

The prize will be...the answer, ;-), and probably you can make a buck or two.

This is the best performing stock in Q108, and April hasn't changed things so far.

For some of you senior IHB cybercitizens, the answer will be a little shocking.

 

[acpme_IHB]

from the russell 3000:

http://seekingalpha.com/article/70752-q1-s-best-and-worst-performing-stocks

 

[Rocker_IHB]

Well, I'd add a requisite, the stock should be listed in the NYSE.

 

[ukyo116_IHB]

I would say one of the homebuilders.

Either Standard Pacific (SPF) or K Hovinian (HOV). In my tracking portfolio they are up almost 100% from their prices on Jan 8th, 2008.

 

[Irvine_Lurker_IHB]

BSC? ;-)

 

[Rocker_IHB]

you are very close, but you didn't say the magic words, or stock ticker. ;-)

 

[acpme_IHB]

LEN? gawd i hope not.

 

[Rocker_IHB]

BSC? ;-)

BSC closed on 01/02/08 at $85.30, and is now $10.x, BSC will be one of the worst performers, even though it jumped from $2 (2 iTunes songs) to $10.

 

[Rocker_IHB]

Well, the original answer that I had was the home builder: Pulte Homes (PHM), up more than 50%, but I found out that Hovnanian Enterprises, Inc. (HOV) is up 80% YTD, wow.

But definitely, at least short term, home builders stocks are back.

As daytraders say: "trade what you see, not what you think and the trend is your friend", which I've found that is true more times than not.

Chart of Home Builders Stocks

 

[Trooper_IHB]

well, it's not GE .....

General Electric's quarterly net off 6%; outlook cut

http://www.marketwatch.com/news/story/ge-posts-surprise-6-profit/story.aspx?guid={CAEF0FB5-5EEC-4834-989C-8053770040E9}&dist=MostReadHome

 

[vicstah_IHB]

Troop,

Definitely not GE... Their lowered earning & forecast set off a day of decline. We'll see how the next week goes. I'm more concerned about cancelled flights. Crazy that all these airlines are going out of business.

 

[screwrealestate_IHB]

Lets see is it FED....First Federal of California?? HEEEELLLL NOOOOO, that baby has been dive-bombing and my June puts have been loving every minute of it!!!!