Roy Barkwell has a hobby. The Stockpickr member hunts for stocks that exhibit the best-looking, smoothest-uptrending five-year charts.
He collects these names and puts them in his
portfolio on Stockpickr.
Whether or not you believe in the predictive power of charts for short-term trading, it pays to look at the stocks that have had little or no volatility over the prior few years.
These are obviously well-managed companies that have the potential to continue their uptrends in the next five years.
The portfolio as of now contains 30 stocks altogether. These are stocks that have withstood bear markets, bull markets and volatile markets and could prove good hedges if there are troubled times ahead.
Let's look at a couple of the stocks Barkwell profiles.
First up is
. The insurance company has exhibited very steady growth over the past five years.
Every year for the past seven, for instance, MetLife has improved book value. The stock is owned by super hedge fund
MetLife also makes the list of
, a portfolio of names culled from all of Cramer's "Mad Money" TV shows and
blog articles and for which he has expressed specific praise, calling them the best of their respective industries. Other stocks in this portfolio include
Here's MetLife's five-year chart:
Next up is
Brookfield Asset Management
. The asset management firm is featured in our list of
, stocks that have the potential for the kind of 30-year growth that
( BRKA) has experienced. Other stocks on that list include
One of Jim Cramer's favorite hedge funds to follow,
, is also a shareholder of Brookfield.
Take a look at Brookfield's five-year chart:
Brookfield Asset Management (BAM)
Some of the other stocks with great five-year charts include recycling company
, Indian outsourcer
and others. For all of the stocks on the list, check out the
portfolio on Stockpickr.
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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