The Top 10 Stocks of 2006posted by MR WAVETHEORY at 12/25/2006 07:38:00 PM
MSN's Top 10 Stocks for 2006
MSN has a Power Search that screens the top stocks for 2006. It's very easy to use, because it is pre-defined so all you have to do is click. According to MSN, the top 10 stocks were:
This Year's Winners
|Symbol||Company Name||% Price Change YTD||Prev Day's Mkt Capitalization||Previous Day's Closing Price|
|FMXIQ||Foamex International Inc.||22,361.50||144 Mil||5.75|
|AUREF||Aurelian Resources Inc.||6,080.00||826.8 Mil||26.63|
|EFRFF||Energy Fuels Inc.||4,188.90||89.79 Mil||3.39|
|FRPT||Force Protection, Inc.||1,950.00||847.6 Mil||15.99|
|TIXC||Tix Corp.||1,511.10||81.25 Mil||4.35|
|ITKG||Integral Technologies, Inc.||1,187.70||166.8 Mil||3.67|
|BLEFF||Blue Pearl Mining Ltd.||1,185.70||395.3 Mil||7.63|
|DPHIQ||Delphi Corporation||1,154.30||2.051 Bil||3.81|
|RDNT||RadNet Inc.||751.90||148.7 Mil||4.60|
|NWACQ||Northwest Airlines Corporation||648.20||352.7 Mil||4.42|
I hadn't heard of most of these companies. You can see three of the top 10 stocks are in bankruptcy and/or reorganization. They are denoted with the Q in their ticker symbol. Also, it is interesting to see that six of the top 10 are on the pinksheets.
I don't recognize most of these companies except for two of them - Delphi Corporation and Northwest Airlines. Delphi was trading at penny stock status until recently when it announced restructuring plans, while Northwest Airlines has been bankrupt and recently caught a bid due to the mergers in the airline industry between US Airways and Delta Airlines.
Yahoo Screen for Top 2006 Stocks
Yahoo has a really cool Java screener that allows you to search for stocks based on price gain. In order to use you it, you enter your stock screening criteria. I did a screen for the top stocks of 2006 based on the price gain from the 52-week low of 2006. My criteria was Share Performance -> Extreme Price Parameters % -> Current Price Greater Than 52 Week Low (%). The Yahoo! list produced some different results, but even bigger gains than the MSN list.
|Ticker||Company Name||Last Trade||Mkt Cap||Extreme price change %|
|MHJ||MAN SANG HLD INC||5.1||32.6M||50900|
|NVH||NATL RV HLDGS INC||3.6||37.2M||35900|
|VRTB||VESTIN REALTY MOR||5.25||203.8M||582.501|
|HGO||HOUSTON AMERICN E||7.31||203.4M||494.309|
|GVP||G S E SYSTEMS INC||6.53||61.8M||493.636|
Here you can see that half of the companies have market caps of less than $100 million even after their torrid gains. The most impressive gainers were MHJ WOC and NVH which gained 50,900%, 46,900% and 35,900% respectively meaning they produced gains of several hundred times off their 52 week low.
These indeed were the super stocks of 2006!