Now it is possible that I missed the memo because I don't normally read the IBD propaganda but looking at the charts for each of these stocks led me to two thoughts - thought 1 - well. yes, they do deserve to be on a top 10 list, and, thought 2 - when were they put on the list?
For example let's take ARGN. Was it put on the top 10 list yesterday or on 4/30 which would have been in front of the current move or on 2/20 which would have caught a super move?
And how about BWLD - same questions - same dates -
Needless to say these are hot stocks but will they remain so? My thinking is if this is the first time they've been exposed to the public then there should be a bit of a rush to get on board even at this late date. You know how sheep-like the general retail crowd is - ring a bell and they'll follow anything - including the wolf.
Anyway - I put these 10 stocks in a portfolio and will check back every day for the next week or so and we'll see how well the "IBD Top 10 of 5/15" is doing. It is possible that this is a good screen for a quick in and out swing trade - you never know.