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Happy Birthday to Me! Guess Who's 5?

 May 18, 2008 02:21 AM UTC
Robertfreedlandphoto
Return Risk
-5.63% HIGH
Principal
Symbol Sentiment Start Return Closed
STJ Positive 05/18/08 -10.65% --

Graphic_arrow1 Via Stock Picks Bob's Advice:  


Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice!  As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

It is hard to believe that I am now five years old here on this blog.  In fact, I wanted to share this button with you!

On May 12, 2003, I wrote this entry:

"May 12, 2003

St Jude Medical

This is one I picked up today. STJ is the stock symbol. I do not as I write and publish this own any shares. Am thinking about suggesting this to my stock club. Company had a great day today with a nice move on the upside. Last Quarter was good and the past five years have been steady growth. Closed at $55.30 up $2.92. So the daily momentum helped it make the list.


Posted by bobsadviceforstocks at 6:01 PM CDT"

And the rest as they say is history.

By the way, St Jude closed 5/16/08 at $40.64.  Adjusted for a 2:1 stock split November 23, 2004, my pick price was $55.30/2 = $27.65, thus this stock pick had a gain of $12.99 or 47.0% since posting.

So how do I still think about this stock?  Well, let's check a few of the usual things I like to examine...but let's do this briefly :).

On April 18, 2008, STJ reported a solid 1st quarter 2008 report. They beat expectations and raised guidance.  Perfect!  Their 5-Yr Restated Financials on Morningstar are still gorgeous.

Finally, even the 'point & figure' chart from StockCharts.com looks solid when we take a long-term view that goes back to before 2003.

 

And NO, I don't own any shares or options on this stock.  But it is still a great holding for this blog don't you think?

Thus,

ST JUDE (STJ) IS RATED A BUY 

So now with 1,813 entries (!), and passing 200,000 visitors total, my blog is starting to show its age maybe just a little :).  This is still a 'one-man' amateur operation and I get only 157 visitors daily...but thanks to all of you who make the trek and visit.  You all are welcome to a piece of the birthday cake and maybe a party favor or two.

If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com.

Here's to another five years of blogging!

Yours in investing,

 

Bob 


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