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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 0% from $41.75 (2004-03-18)
On March 18, 2004 we profiled American Pharmaceutical Partners
(APPX) as a Top Stock Pick
to our members at $41.75. Within a period of six months, APPX did not meet our minimum profit objective of 15%. Obviously, we won't get every trade right, but here is what we had observed about APPX: - GSA Rank: 82.7 (Our proprietary ranking for APPX using fundamental AND technical factors)
- Accum/Dist Rank: 1.39 (Up vs. down volume action of APPX taken over several weeks)
- Projected Growth Rate: 35.50% (APPX's projected 5-year growth rate)
Most importantly, APPX was trading just 5.4% off it's 52-week high price. It is imperative to not only buy the best stocks that are fundamentally sound, but also to time your purchase correctly.
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