Updates on Stock List

Sell in May and go away. This is not just a saying. It's accurate up to more than 60-70% of the time. The stock markets hasn't been doing all that well this first half of the year. It wasn't very bad.  It's just that it wasn't very spectacular. So I am going to talk about the stocks that I am watching and the stocks I am betting on.

 Stocks I am Watching

 AAPL GOOG TSLA ADNC AMZN GOOG DDD WMC AGNC

 Most of the stocks I am watching relates to technology and are fairly well known by the industry. TSLA(Tesla Motors) is the leader of electric cars in terms of technology standpoint and could possibly be the next Apple, however, it's balance sheet is still horrible and the price is high for a company that's in debt. DDD(3D Systems) is very expensive right now but I do think 3D printing technology has a future. Google (GOOG), Amazon(AMZN), and Apple(AAPL) are fairly well known and I feel they are fairly price now, however I might snatch some shares if price looked right in the future.  ADNC (Audience) is one of those dark horses I would say that could also be a good bet but it's currently fairly priced.  It used to look really great under 10 dollars but now it's been trading 14-15 dollar range.  If some how market behaves irrationally and oversell it, it could be a good opportunity to grab some of these little gems.   Last but not least, I am into low P/E and high dividend stocks, which AGNC(American Capital Mortgage Investment) and WMC(Western Asset Mortgage) provides. AGNC just reported a disapointing quarter and slid about 7% on Friday, it if slide more this week I might snatch some for short term gain or receiving dividends . As for WMC, it is one of those small cap MREITs that I feel is doing ok but now the price point is just fair, not a good time to buy yet.

Stocks I am Betting on

INVN MTGE

 MTGE is also one of those small cap MREITS that are doing ok but not great. However, it's still one of the most stable stocks that I've owned so far that provide a huge dividend.  The price of MTGE should be in the ballpark of 26-27 dollar range but now it's been sitting at 24-25 dollar range which I believe is cheap for what the stock is worth. It is a grade B stock on Navellier's portfolio grader and was rated well on the street. It is a no brainer buy at the moment. Ofcourse there are much more to MREITs that people have doubts with but I feel that goes with most stocks out there. We cannot forsee the future, but we know at the present, the price is quite good and if we bet the wrong way, we can always stop loss and or wait to receive the 14% dividend.

INVN is the one I am most excited about and is the one that I had been holding, buying, and selling for a while now ever since 2012. It's what I called a rollercoaster stock which could make people dizzy  but some what predictable. It's a low volume small cap stock and the company is the leader in motion sensors. It's major competitor ST Microelectronics had been losing the design wins to them. The chips are in many mobile phones now, primarily in android phones (i.e. Samsun Galaxy S4). But rumors has it that Apple will also start to use their chips in the future. At the moment the price of the stock should be around 13.5-14.5 dollar range if they are just doing about the same. However, the fact that it is possible they can be bought up by bigger companies and that they could partner up with Apple makes this a very good bet at this time. Short term and long term trend are favoring the upside.  All in all, Invensense as a company has a competitive edge against competitors for it's low profile MEMs technology and it's decent fundamentals (no debt and growth is great year over year).

Update:  Add GLW(Corning) and AEM (Agnico Eagle Mines) to the stockwatch list.  Corning has very broad range of technology and is the leader in the glass sector for mobile devices and is used in many mobile devices.  Agnico Eagle Mine could be a bargain since it could be oversold; however, I do not know enough about the gold market right now to make the bet yet.