• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Doug Kass
    • Bruce Kamich
    • Jim Cramer
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing
  3. / Technology

Shark Bites: It's All About Stock Picking

Quotient Technology is ready to break out, and these other picks are already big winners.
By JAMES "REV SHARK" DEPORRE
Aug 11, 2016 | 01:04 PM EDT
Stocks quotes in this article: TPIC, YRD, SSRI, SLW, TCK, ACIA, QUOT

The big challenge of this market right now isn't timing market direction. The big challenge is finding the stocks that are moving in a fairly flat tape. It is easy to assume that it is dead, when the indices have made significant moves in many weeks, but that is not the case. There have been fantastic money-making opportunities, if you have stayed focused on individual stock picking.

I've mentioned a number of Stocks of the Week repeatedly, because they have been huge winners. Acacia Communications (ACIA) , for example, was a pick on May 23 at $30. Today it is hitting $73.50, as traders await the earnings report tonight. A gain of 145% in less than three months is luck, to some degree. But if we work hard at digging for these names, which aren't all that well known, they can work well.

Here are a few others that have worked very well:

--TPI Composites (TPIC) , mentioned yesterday, is up 7% today.

--Yirendai (YRD) , Stock of the Week on Jul. 5 at $14.55, is now up 111%.

--Silver Standard Resources (SSRI) , Stock of the Week on Apr. 11 at $6.48, is now up 140%.

--Silver Wheaton (SLW) , Stock of the Week on Jun. 6 at $20.45, is up 52%.

--Teck Resources (TCK) , Stock of the Week on Jun. 20 at $12.48, is now up 32%.

The point here (other than a little self-congratulation), is that this has been a market for stock picking, rather than directional calls in the indices. The way to really beat this market is to look for these smaller stocks that can really build some momentum.

Today, one of my new picks is Quotient Technology (QUOT) . Take a look at this chart to see why I like it. What is key, here, is that it has the potential for a good size move once it breaks the existing range.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

At the time of publication, James "Rev Shark" DePorre was long TPIC, ACIA, YRD, SSRI and QUOT, although positions may change at any time.

TAGS: Investing | U.S. Equity | Technology | Earnings | Stocks

More from Technology

I'm Intrigued by the Recent Pullback in Aurora Mobile

Timothy Collins
Feb 26, 2021 3:30 PM EST

While the Chinese company is still not profitable, it is cash flow positive.

Nvidia's Decline Doesn't Make It a Buying Opportunity - Yet

Bruce Kamich
Feb 26, 2021 7:54 AM EST

NVDA has weakened despite great fundamental numbers.

Remember, This Ain't Noah's 'ARK,' It's Still Just a Leveraged Tech Fund

Timothy Collins
Feb 25, 2021 12:40 PM EST

Let's put ARKK in perspective with TQQQ and QQQ, as we get all the hype about Cathie Wood and the fund's 210% rise.

Here's My Technical View on Advanced Micro Devices

Bruce Kamich
Feb 25, 2021 11:00 AM EST

AMD's near-term price action troubles me.

There's a Green Day Coming in Apple

Mark Sebastian
Feb 24, 2021 1:56 PM EST

These calls are going to end up in the money.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 11:32 AM EST JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    Navigating a Market Correction
  • 11:29 AM EST GARY BERMAN

    Where Does the Nasdaq Go From Here?

    Where does the Nasdaq Composite (CCMP) index go fr...
  • 12:31 PM EST GARY BERMAN

    Has the Short-Term Top Come for the XLF/Banks?

    The has triggered a long-term overbought signal ...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2021 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login