|Portfolio Opened||March 21, 2007|
$1,122,000 (top 14% in ranking)
|Gain to Date|
12.3% (11.6 % from bonus bucks)
The portfolio took a big hit with Bruker BioSciences (BRKR) dropping from $11.56 to $8.20 two weeks ago, apparently due to disappointing earnings, which only slightly increased from last year. BRKR recovered to $9.02 in the final week.
Here is how the individual stocks performed. Avnet (AVT) and Apple (AAPL) were the two big gainers in the portfolio at 13% and 16% respectively. The other stocks finished flat or lower: Intuit (INTU) - 1%, Millicom International (MICC) - 0%, Gol Linhas Aereas Inteligentes (GOL) - -4%, Bruker BioSciences (BRKR) - -12%.
Although the IBN portfolio did not finish in the top ten, it was educational and fun to participate in the contest. For reference, the top finisher had $4,886, 000 (389% gain!)and the tenth finisher had $3,503,000.
For more on Strategies and Plans, check back every Monday for a new segment.
Photo Credit: CNBC.com
This is not financial advice. Please consult a professional advisor.
Copyright © 2007 Achievement Catalyst, LLC