My three best stock picks of 2008 - Peter Cohan

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My three best stock picks of 2008
May 01, 2008 12:10 PM UTC

Peter Cohan

Return	Risk
-5.40%	MID

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
UPL	n/a
WLT		05/01/08	+60.54%	06/30/08
SWN		05/01/08	+18.29%	06/30/08

Via BloggingStocks:

Filed under: Stocks to Buy

Through April, the stock picks in my investment newsletter, The Cohan Letter, have risen an average of 19%. This is better than the performance of the S&P 500 which has fallen 6% since the beginning of the year.

Each month my newsletter mentions three stocks. I average the percentage changes in the stocks I mention at the end of each month. I also have a stop loss rule in which stocks that decline by 2% are sold from the theoretical portfolio and the -2% return is included in the average for the month.

The top three performing stocks through April are:

Walter Industries (NYSE: WLT) rose 66% from $41.71 to $69.36

Southwestern Energy (NYSE: SWN) rose 30% from $32.62 to $42.31

Ultra Petroleum (NYSE: UPL) rose 21% from $68.80 to $83.07

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