Thursday, February 24, 2011

PC Mall - MALL - added

PC Mall (MALL)  is not an REIT but a technology distribution company with double digit earnings growth projections.  That's a good reason to add it to the Barchart Van Meerten Speculative portfolio of stocks trading under $10.

PC Mall is a rapid response supplier of technology solutions for business, government and educational institutions as well as consumers. More than 100,000 different products from companies such as Compaq, Microsoft, Apple, IBM and Hewlett-Packard are marketed to business customers using relationship based outbound telemarketing, catalogs and the Internet. Customer orders are rapidly filled by the Company's distribution center strategically located near FedEx's main hub or by PC Mall's extensive network of distributors, one of the largest networks in the industry.

Technical Factors:
  • 100% Barchart technical buy signal
  • 17 new highs and up 37.59% in the last month
  • Relative Strength Index is 85.79% and rising
  • Trades around 9.62 with a 50 day moving average of 7.50
Fundamental Factors:
  • Wall Street brokerage analysts have 2 buy recommendations released
  • Sales are projected to increase by 5.40% this year and 6.80% next year
  • Earnings are expected to increase by 49.20% this year, 24.40% next year and 15.00% annually for the next 5 years
Investor Sentiment:
  • Motley Fool Caps members vote 130 to 10 that the stock will beat the market
  • The All Stars agree with a vote of 33 to 0
Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

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