With the first quarter of 2002 in the books, it's time to assess the performance of the Bottom of the Barrel portfolio, check in on first-quarter earnings reports and make a few small adjustments.
The small-cap stocks that have filled the Bottom of the Barrel portfolio since its
The best performers on the list are
(CSTR), the company that puts the green coin-counting machines in your local grocery, up nearly 63%
Not All Winners
Avoid the UnpredictableCompanies like Actrade Financial (ACRT), Bridgford Foods (BRID) and Goody's Family Clothing (GDYS) remain at the bottom of the Barrel, so avoid them. Actrade has legal and financial uncertainties; margins in Bridgford's business remain under pressure; and Goody's faces stiff competition from other retailers, especially the fast-expanding and well-financed Kohl's (KSS).
Stirring the BarrelThe table shows the performance of each Barrel stock and earnings release dates, either released by the company or estimated based on past earnings reporting dates.
|Past, Present and Future
Can solid performance find support from first-quarter earnings?
|Current Rating||Company/Ticker||Date of Mention||April 8 Price||Mention Price*||% Change From Mention||% Change Weekly||Appx. Earnings Release Date|
|UCBH Holdings (UCBH:Nasdaq)||March 27, 2002||$36.24||$35.65||1.65%||2.66%||April 11, 2002|
|Cost Plus World Markets (CPWM:Nasdaq)||March 6, 2002||26.08||25.83||0.97||-4.47||June 20, 2002|
|Rare Hospitality (RARE:Nasdaq)||Feb. 20, 2002||24.22||25.72||-5.83||-2.14||May 14, 2002|
|Endocare (ENDO:Nasdaq)||Jan. 23, 2002||18.04||18.21||-0.93||-9.80||May 19, 2002|
|SurModics (SRDX:Nasdaq)||Dec. 19, 2001||44.86||34.60||29.65||-2.69||April 16, 2002|
|VitalWorks (VWKS:Nasdaq)||Nov. 21, 2001||5.74||4.30||33.49||1.06||April 24, 2002|
|FPIC Insurance (FPIC:Nasdaq)||Nov. 14, 2001||12.25||12.83||-4.52||-0.89||May 21, 2002|
|Witness Systems (WITS:Nasdaq)||Oct. 31, 2001||13.96||8.06||73.20||-1.76||April 29, 2002|
|NetBank (NTBK:Nasdaq)||Feb. 6, 2002||14.90||13.45||10.78||-11.73||April 30, 2002|
|Coastal Bancorp (CBSA:Nasdaq)||Dec. 12, 2001||34.08||27.84||22.41||4.54||April 15, 2002|
|Coinstar (CSTR:Nasdaq)||Nov. 7, 2001||32.77||19.96||64.18||4.86||May 2, 2002|
|Hibbett Sporting Goods (HIBB:Nasdaq)**||Oct. 24, 2001||23.00||20.04||14.77||-2.13||June 14, 2002|
|Quixote (QUIX:Nasdaq)||Oct. 3, 2001||18.25||21.44||-14.88||4.29||April 24, 2002|
|Luby's (LUB:NYSE)||Feb. 27, 2002||6.76||6.22||8.68||1.05||June 7, 2002|
|Quanta Systems (PWR:NYSE)||Jan. 9, 2002||17.22||16.05||7.29||3.11||May 14, 2002|
|Actrade (ACRT:Nasdaq)||Jan. 30, 2002||15.80||20.65||-23.49||-4.70||April 24, 2002|
|Goody's Family Clothing (GDYS:Nasdaq)||Nov. 28, 2001||8.00||4.50||77.78||12.68||June 20, 2002|
|Bridgford Foods (BRID:Nasdaq)||Oct. 10, 2001||10.70||13.18||-18.82||-0.19||June 15, 2002|
|Capital Automotive REIT (CARS:Nasdaq)||April 3, 2002||23.00||22.95||22.82||0.22||May 5, 2002|
|Laclede Group (LG:NYSE)||March 20, 2002||24.40||23.64||3.21||2.09||April 24, 2002|
|Alexandria Real Estate (ARE:NYSE)||Feb. 13, 2002||44.80||40.25||11.30||1.47||May 7, 2002|
|Empire District Electric (EDE:NYSE)||Jan. 16, 2002||21.20||21.23||-0.14||-1.85||April 25, 2002|
|Met-Pro (MPR:NYSE)||Oct. 17, 2001||14.40||11.16||29.03||2.13||May 21, 2002|
|Integra Bancorp (IBNK:Nasdaq)||Jan. 2, 2002||19.33||20.75||-6.84||-2.18||April 18, 2002|
|Source: TSC Research
*Average price on date of mention.
**Prices Adjusted for 3:2 split on Feb 20, 2002
Do you have candidates for Bottom of the Barrel? If so,