Performance Review
Below is the performance of the six stocks from the February 21, 2014 Nasdaq 100 watch list compared to the Nasdaq 100 Index gain of +15.46%.
|
Symbol
|
Name |
2014 | 2015 | change |
| SYMC | Symantec Corporation | $20.53 | $24.77 | 20.65% |
| MAT | Mattel, Inc. | $35.55 | $28.22 | -20.62% |
| CHRW | CH Robinson Worldwide | $54.12 | $70.51 | 30.28% |
| FAST | Fastenal Company | $45.61 | $42.33 | -7.19% |
| SPLS | Staples, Inc. | $13.09 | $16.57 | 26.59% |
| CSCO | Cisco Systems, Inc. | $22.13 | $27.24 | 23.09% |
The average gain for all of the stocks was +12.13%. Symantec (SYMC) was the stock of interest at the time. Our thoughts on SYMC were, “…we don’t see why the stock couldn’t decline a bit further until April or May.” In fact, SYMC declined as low as $17.95, a drop of –12.57%. However, the final low occurred in late March instead of the April/May projection.
At the time of the posting from last year, we outlined the analyst estimated price change for six stocks on our watch list. The projections were as follows:
The actual performance after one year is displayed below.
On the whole, it appears that the analysts were correct about the overall trend for the stocks on our watch list. two of three were (MAT, CHRW and FAST) were expected to be a mixed bag while three of three (CSCO, SYMC and SPLS) were expected to have price increases.
February 6, 2015 Watch List
Below are the 14 Nasdaq 100 companies that are on our radar. As readers know, we have recently taken a sizable position in one of the stocks on this list.
