Monday, March 23, 2009

Stock tracker

Here's how my picks from a month ago are doing (see posting Investing, February 26'09):

Company

Feb'25

Mar'23 (noon)

% change

PENN WEST ENERGY TRUST

9.00

10.96

22%

ENCANA CORP

38.32

45.1

18%

PETRO CANADA VAR

21.5

30.41

41%

SPECTRA ENERGY

13.23

14.53

10%

Merck

27.91

27.36

-2%

Pfizer

13.08

13.97

7%

J&J

53.96

52.7

-2%

Citi

2.52

3.07

22%

So, if you'd invested $1,000 in each of these stocks (for the total cost of $8,000) you could sell them for $9,151 today at noon (even assuming $10 per trade cost you'd still make $991).

As you can see the gains are primarily attributed to the Energy sector. My prediction in February was that oil price would not go further down (from $40 per barrel) and it did not - actually it's about $52 per barrel today.

The pharmaceutical stocks were flat over last month, I still think they'll be a good investment in the long run at current prices.

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