The stocks we love are being bought heavily this week. Amazon (AMZN: $819) is up $70 since the end of the year. Apple (AAPL: $119) is up $4. Facebook (FB: $129) is on a tear too, up almost $14 since December 30th. That’s 12%. Even First Solar (FSLR: $36), a stock we love, but a stock that has been hammered by the market, is up nicely – rising $4 or 12% since the end of the year.
We can’t understand Under Armour (UA: $26) as it continues to lag but we are very happy we are out of Mylan (MYL: $37), having gotten out at $45 in August. And good old Annaly Capital (NLY: $10.12) continues to stay steady, paying out its 11%+ dividend, despite the 10-year US Treasury note moving from 1.7% to 2.4% in the last three months.
We will cover these stocks and more this weekend. Stay tuned.