The 50 Best stocks of 2008 have let me down. I hope the last couple months of the year will help rebound this ugly portfolio of stocks. Here is the break down...
Out of 50 stocks from 1/1/2008 to 10/28/2008 only one is positive! Genetech, Inc. (DNA) is the only stock in the black (up 18.51%). 49 other stocks are loosers with Cypress Semiconductor (CY) pulling up the rear down a stagering 87.54%.
Keep a look out for a new 2009 list and a complete recap of 2007 picks when we get closer to the year end. For 2009 I may limit the list to 10-15 but I will put up some real cash and track each stock more carefully.