At the end of May, in VIX and More Stock of the Week Selection Up 343% in 14 Months, I promised to post future Stock of the Week (SOTW) selections here on the blog one day after I flagged them in the subscriber newsletter as long as the string of consecutive winning weeks remained intact. With the 3.5% gain in last week’s selection, Tech Data (TECD), the weekly winning streak is now up to 13 weeks.
This week’s SOTW, geothermal and water source heat pump manufacturer LSB Industries (LXU), lost 0.02 today and dropped the cumulative return since the 3/30/08 inception down to 371%.
Should LXU manage to rally and post a gain for the week, I will carry this feature forward until the SOTW winning streak is broken.
Until then, I am partial to riding the hot hand and seeing where it takes me.