After you receive this alert, I will be closing the 275-
share position in LeCroy (LCRY:Nasdaq) in the model
portfolio for a small 4% gain. Shares were recently
trading around $15.58.
This small-cap stock has not performed as well as I had
anticipated. When I added the stock to the model portfolio
at $14.87 on Sept. 12, shares were 39% undervalued.
Plus, it appeared that the company was in a position to
benefit from the reconstruction of communications networks
in the Gulf area devastated by the hurricanes, but there
is still no evidence of contracts in this region for
LeCroy's test equipment.
Today the stock is only 16.2% undervalued, which in my
judgment is not cheap enough to merit the risk of holding
this small-cap stock.
The final edition will be sent out Wednesday morning.
Booking profits in one position and trimming three others.
Suttmeier's closing this protective position, which is no longer necessary.
The market's resilience continues as almost all sectors remain overvalued.
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Want more than one service? Sign up to one of our packaged services and take advantage of amazing savings!
After the Bell
Before the Bell
TheStreet Top 10 Stories
Winners & Losers