Street Justice: It is what it is.

Alright, we made through the week and things aren't looking too bad. If I'm not mistaken, we are to hear earnings from some regional banks next week. I guess we're looking for some not so good numbers. The trade would then be on how bad they're gonna be. If their numbers aren't so dismal, it might be enough to keep us going. I've got 3 companies lined up today that'll keep your portfolio going.
These are some nice companies I dug for today. First is FLIR/Flir Systems. FLIR designs, manufactures and markets thermal imaging systems. Their products are used by commercial, industrial and government markets worldwide. The main thing that attracted me to Flir Systems was the fact that they've acquired 3 smaller companies in their industry. This shows they're growing nicely. FLIR's numbers weren't bad either. They had they highest combination of relative value, timing and safety I've ever seen(RV1.40/RS1.42/RT1.89 of 2.00). They have climbed 5% for the week, 16% for one month and 81% over the past 52 weeks. FLIR has an annual sales growth of 38% and a 3-5 year projected EPS growth rate of 22%. My next offering today is CRM/Salesforce.com. They provide software on-demand. In other words, they provide relationship management services to businesses of all sizes worldwide. CRM has about 1.1 million paying subscribers worldwide. Their on-demand platform allows it's customers to customize and integrate salesforce applications or build entirely new on-demand applications. This can be done without having to invest in new software. CRM has very high relative value, timing and safety. I was pleasantly surprised by their 1,764% historic EPS growth. Salesforce.com is up 61% over the past 52 weeks, 12% YTD and 9% for the week. A healthy 50% annual sales growth was another highlight. Last and maybe least(who knows), I give you URBN/Urban Outfitters. They operate retail stores with a "specialty lifestyle" theme. URBN manages 4 name brands which are Urban Outfitters, Anthropologie, Free People and Terrain. They also offer their products(mainly clothes) through ecommerce and catalogs. URBN like the 2 other companies today has excellent relative value, timing and safety. They are up steady too. With 45% gains for the past 52 weeks, and a 9% jump this week. URBN is also up 17% YTD. A 25% annual sales growth for a clothing retailer ain't too shabby either. They have also seen a 37% gain in EPS for the year too.
We heard from GOOG/Google, MER/Merril Lynch and IBM/I.B.M. among others Friday. The news wasn't great but it wasn't horrible either. It was bad enough for GOOG to drop like $80, but it's an expensive stock and tends to react big at earnings time. I saw mostly green in my portfolio. I did spend some money chasing AWEC/Ameriwest Energy down from $.69 to $.59, but I ended up with an average buy of $.62 so I'm happy. AWEC is doing big things and will be fine.
Well, King Dollar gained back some lost ground this week. Just in time too. I actually heard a guest analyst on CNBC say the Euro could replace the Dollar as the base global currency if certain things didn't change soon. That's crazy talk! We ain't goin nowhere! We're growing and changing. The dollar is well poised to continue it's rally against the euro next week. They're are far more many factors that can hurt the euro right now than the dollar. I got out of my USD/JPY long position when we hit 107. I wanna see how Sunday night goes before I get back in. The Aussie dollar was up over the dollar this week. I'm guessing it wasn't due to gold.
Today I'd like to know how I'm doing. Has this blog helped anyone? Has it at the least been entertaining? Am I a sorry excuse for a writer? Let me know.
I haven't heard a lot of talk about it, but we are scheduled to hear from some regional banks next week. If we don't get horrible results we may be able to ride this rally through next week. I'm confident the companies I went over today won't yield horrible results for your portfolio. I hope not, cause we're all in this together. Thanks for reading.