Revisiting July Stock Picks Print
Friday, 24 July 2009 08:50

Lucky 13 Buys was posted at my Instablog on July 7, 2009.  Since that time, some of the companies have made impressive runs. Spectrum Pharmaceuticals: Oversold and Undervalued was published on July 14, 2009.  In that article, shares were indicated to be oversold and undervalued at $4.98.  Since that article, shares of Spectrum Pharmaceuticals (Nasdaq: SPPI) have advanced 27.11%.

Worth noting, I believe SPPI has a great deal of upside from yesterday's close of $6.33. I have placed a price target of $31 for shares of SPPI over the next 12 to 18 months.  For details on how I arrived at the $31 price target, please refer to this article.

Below, the list of July's picks and their returns thus far:

ARIA        13.91%
CLNE       -0.35%
FSYS         28.84%
GTXI        17.14%
ONB         4.80%
ONTY       21.81%
OSIR        -1.28%
PRXL        10.45%
SPPI          12.43%
SUPG       42.86%
SWC         26.82%
TOMO    0.00%
UNG        5.75%


Disclosure: Long SPPI

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