Saturday, December 1, 2012

Precision Castparts (PCP)

BUY signal the week of 9.13.10 at $126.68. My first stop was $103.19, so my risk (R)/share was $23.49. Closed Friday at $183.39 with a $157.39 stop. My new stop for this week is $161.68. The percentage gain on this trade is +44.8%, and the reward-to-risk ratio is +$56.71/$23.49 = +2.41.

History (beginning in 2003):
Winning Trades: 3 | 100.0% | +$63.25/share avg.
Losing Trades: 0 | 0.0% | -$0.00/share avg.
Average Trade: +210.9% | +$63.25/share | Reward-to-Risk (R): +13.46

It might not be the sexiest stock, but there are only three stocks that trade better than Precision Castparts in this system: Apple, Intuitive Surgical, and Mastercard.

No comments:

Post a Comment