Sunday, June 16, 2013

My Stock of the Day: CVTI


Yesterday I published a brief discussion of the amazing performance shown by the AAII Petroski investment strategy—up double digits in the last 10, 5, and 3 calendar years (30.5%-33.7%) as well as 2013 year to date through May 31 (+83.6%).
Also, I named SKYW as yesterday’s stock of the day. Today, my selection is CVTI, its companion. It, too, has a scary five-year performance chart as well as a takes-your-breath-away three-month chart.
As I said yesterday, these charts help to explain why we need to consider both fundamental and technical indicators rather than either alone.
Never forget: All investments and savings are gambles on the unknowable future and thus subject to loss.

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