The ScorecardI plan to start something new with this column, by offering quick-take grades on my own picks from the prior week based on how the stock performed compared to my expectations. First is Cisco ( CSCO). This earnings play reported monster results, just as predicted. Readers could have made a quick 6% in this name. Longer term, this is still a great stock and the CEO made very bullish comments in the conference call. It should be bought on any pullback.
Grade: A I also recommend Ralph Lauren ( RL), which reported horrible earnings and gapped down 12%.
Grade: F I recommended Jones Soda ( JSDA) as a pure snapback play due to oversold conditions based on its earnings the week before. Jones Soda climbed as much as 6% but ended the week down 1%.
Grade: C I also recommended Akami ( AKAM) as a pure snapback play as well; due to oversold conditions plus heavy insider buying at much higher prices. Investors could have made a nice 5%.
Grade: B Dynegy ( DYN) reported good earnings, but investors still hammered the stock; it was an earnings play but the stock is down 3% since I recommended it.