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Tuesday, October 09, 2007

Two New Picks

Enjoy these as we begin tracking them on our new tool.

AEPI BUY @ $39.8
This stock hit its 52 wk lows in Aug and has slowly bounced back. The historical price has not been very volatile and there was some downward pressure after AEPI reported a drop in third quarter earnings. Positive momentum action should drive this small cap stock higher from its lows.

RAD BUY @ 4.45
Rite Aid continues to have a tough time working in its acquisition of the Brooks and Eckerd chains. But this retail pharmacy giant will bounce off of its lows. Acquisition has been the name of the game with this sector just ask CVS with their purchase of Caremark. Everyone is trying to grow to keep pace with Walgreens. So buy RAD with support levels at its 52 wk low on the year and ride through the growing pains of their acquisitions to higher gains.

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