This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Our new retail holding Fifth & Pacific is a high performer

Stocks in this article: ALKS BLOX SLXP SNTS

By Jane Edmondson

EQM Capital's Mid Cap Quant portfolio performed in line with the benchmark S&P 400 Mid-Cap index (MID) in November. One of the top-performing names in the portfolio was apparel and accessory designer and marketer, Fifth & Pacific Companies (FNP) which was purchased for the portfolio early in November.

Fifth & Pacific operates in four segments: Juicy Couture, Lucky Brand, Kate Spade and Adelington Design Group. Shares have been rising on strong fundamentals and the prospect of the company selling its Lucky Brand denim business.

Another top performer in the portfolio was biopharma company Alkermes (ALKS). The company's product portfolio has been strengthened by its recent purchase of Elan Corporation's drug technology unit, resulting in boosted revenues. The company's legacy product Vivitrol, to treat alcohol and drug dependence, is also experiencing robust sales.

Salix Pharmaceuticals (SLXP) was another top-performing name during the month. The company develops and sells gastrointestinal drugs. Shares rose in November on an announced agreement to acquire another biotech name in the space, Santaurus (SNTS). The combined company is expected to deliver strong growth and product synergies.

One disappointing name in the portfolio was technology name InfoBlox (BLOX), which reported strong quarterly results, beating estimates by .03, but gave cautious future guidance. InfoBlox markets network control solutions. The stock hit a three-month low after reporting earnings and is currently under review as a possible candidate for sale.

Heading into the end of the year, the market will be focused on retail sales as an indicator of the health of the consumer and the overall economy. Traditionally smaller cap names have outperformed in December, which bodes well for Mid Cap stocks in my opinion.

DISCLAIMER: The investments discussed are held in client accounts as of November 30, 2013. These investments may or may not be currently held in client accounts. The reader should not assume that any investments identified were or will be profitable or that any investment recommendations or investment decisions we make in the future will be profitable. Past performance is no guarantee of future results.


Jane Edmondson

Jane Edmondson

I am Jane Edmondson, Founder of EQM Capital, a San Diego-based registered investment advisory firm that uses a data-driven approach


Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs