Filed under: Walt Disney (DIS), Best Buy (BBY), News Corp'B' (NWS), Abercrombie and Fitch (ANF), DreamWorks Animation (DWA)
It's the Fourth of July. Time to declare your independence from fear. Specifically, the fear of holding risk in your portfolio. Ergo, I list four stocks here that investors should perhaps keep on a watch list. The choice is yours, but maybe you might find something of interest in these four.
Abercrombie & Fitch (ANF): This stock is most definitely a risk, make no mistake about it. Being a retailer based on fashion, how can it not be in the current climate? Yet, back in May, the company's first-quarter numbers didn't seem so bad (although they didn't comprise the best data set I've ever seen, either). And the one-year chart shows that Friday's closing price of $31.11 is getting close to recent support levels.
Continue reading Four Risky Stocks for the Fourth: ANF, BBY, DWA, NWS
Four Risky Stocks for the Fourth: ANF, BBY, DWA, NWS originally appeared on BloggingStocks on Sun, 04 Jul 2010 14:40:00 EST. Please see our terms for use of feeds.
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