Today for the MSN Top Stock Blog I've gone ahead and picked 2 more stocks to add to my portfolio of 10. The picks are Pharmasset Inc (VRUS) and Deutsche Bank Contingent Capital Trust V (DKT). These stocks were picked by using the BarChart New High list for stocks trading over 100K shares today and sorted for frequency.
I then eliminated any stocks trading below 5 dollars a share and tried to take out any EFTs or US closed end funds and reviewed their charts.
Let's look a little closer look at these picks: DKT has made 14 new highs in the last 20 trading sessions and has had a 26% price gain in the last 65 days. VRUS has made 13 new highs in the last 20 trading sessions and 5 new highs in the last 5 days, with a 134% price appreciation in the last 65 trading sessions.
Jim Van Meerten is a full time investor and blogs at Financial Tides.
Disclosure: I hold no position in either VRUS or DKT at the time of publication
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