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My Favorite Tech Stock Rocks - Even in This Market

I like to buy stocks that have at least 80%-100% upside potential over the next five years. Cirrus obviously meets these criteria with flying colors. In fact, Cirrus earns a value grade of "A-." Also, I like five-year target prices. I explained the reason why in my Apple article mentioned above. It helps investors keep their eyes on down the road instead of looking their hood ornament. Cirrus is a good example of a stock that has both performance and value at the current time. When I add these two together, I come up with a stock that earns a current overall grade of "A" and is ranked number 24 out of 2,787 stocks overall.

Just because Cirrus has both performance and value right now, this is still not a guarantee that this will turn into a money maker for you. It does put the probabilities in your favor, however. Once I buy a stock, I look at the chart every day. I look at the stocks overall ranking every day. I like to stay in stocks that remain within the top 200 or maintain an overall grade of "A-" or better. As long as that stock continues in a nice uptrend and keeps its grade of "A-" or better, I stay with it. Hopefully this will be all the way up $57 per share.

Oh yeah, one last thing, the stock also has a very good chart right now:

At the time of publication, Bill Gunderson was long DLTR, AAPL, CRUS, AZO.
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AAPL $117.81 -0.19%
CRUS $30.34 2.22%
DLTR $75.08 0.20%
FB $105.45 0.04%
GOOG $750.26 0.28%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

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