Tough decision this week. "The Skeptic" sees many ways to exploit our frothy markets. The original list was 18 stocks. Brought that down to four. After further deliberation...EMC is the pick for this week. Similar to last week's pick EMC is completing a long term consolidation. In this case, very long term. EMC has traded in a range since 2003! Currently trading at 15.82, the very top of it's range, this stock appears poised for higher prices. A decisive move above 16 would likely bring in more buyers.
Disclosure: "The Skeptic" owns this stock and is not a broker. Should you decide to buy this stock you may lose money. It would serve you right.
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