Tuesday, March 22, 2011

Stock Pick Of The Week

I've decided to post a stock each week that I feel is in a good position to make a quick return on my investment(s). This stock is not intended to be held for long, so I don't take dividends into account when choosing.

This week's stock: Capstone Turbine Corp. (CPST)

Industrial electrical equipment industry. This stock is currently trading roughly 11% above it's 20-day MA, 27% above it's 50-day MA, and 76% above it's 200-day MA. It is also a short squeeze candidate, with a short float at 13.88%. CPST is exhibiting strong upside momentum. I plan on stick with this for a couple weeks, then keeping a close eye on it for any signs of weakness in momentum before getting out.

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