This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bill Gunderson's Radio Play of the Day: On Assignment With Big Gains

I like to look to weigh them both. I hate value traps and I hate paying up for go-go stocks. Why can't we all just get along?

The momentum looks great, but what about the valuation?

Data from Best Stocks Now App

Good stocks generally do not come cheap. When they do, I am all over them. Considering the performance of this stock over the years, I don't get a great deal of heartburn paying 19.5 times forward EPS for a 19% grower.

This works out to a PEG ratio of 1.03.

Ok, I have satisfied the performance investor inside of me. I have also satisfied the value investor side.

Now, what about all of the technicians out there? I also consider myself a technician. I look at hundreds of stock charts on a daily basis.

I look at one-year stocks charts. Is the stock in a sideways trend, uptrend, topping out trend, or a downtrend?

I like charts that are breaking out and possible in the early stages of a new uptrend.

It really narrows the field down when you require performance, value, and a healthy stock chart.

Let's see how the stock chart stacks up right now.

That is a nice-looking stock chart.

On Assignment currently has all of the qualities that I like in a stock.

I only have 25-30 spots on my portfolio roster. I only want to own the best.

On Assignment would definitely qualify as a candidate in an aggressive growth portfolio right now.

Only the top 3%-4% of the almost 3,300 stocks that I track earns a grade of "A." On Assignment is one of those stocks right now. It is also in my top 100 at #76 currently.

You know the drill, however. There are no guarantees in the stock market. All you can do is assemble the best ones that you can possibly find in your portfolio and monitor the heck out of them on a daily basis.

To see what I consider the best aggressive growth stocks right now click here.

Data from Best Stocks Now App

At the time of publication clients of Gunderson Capital Management are long ASGN.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ASGN $38.78 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs