By
Tim Beyers
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More Articles
October 20, 2008
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Welcome to week 10 of my stock-picking throwdown with Mr. Market. Let's get right to the numbers:
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Company
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Starting Price
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Recent Price
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Total Return
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Akamai (Nasdaq: AKAM )
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$22.23
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$14.71
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(33.8%)
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Harris & Harris
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$6.22
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$4.74
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(23.8%)
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IBM (NYSE: IBM )
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$129.05
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$90.78
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(29.7%)
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Oracle (Nasdaq: ORCL )
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$22.75
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$17.02
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(25.2%)
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Taiwan Semiconductor
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$10.34
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$7.74
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(25.1%)
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AVERAGE RETURN
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--
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--
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(27.52%)
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S&P 500 SPDR (AMEX: SPY )
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$126.73
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$93.21
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(26.45%)
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DIFFERENCE
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--
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--
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(1.07%)
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Source: Yahoo! Finance as of Oct. 17.
Mr. Market still has me down like everyone else but, lately, I've been making up ground. And I continue to be optimistic; 15 years of Foolishness through good and bad markets will do that.
Good results will, too. Google (Nasdaq: GOOG ) beat estimates in the most recent quarter, and Big Blue's results show that it's a stock market superhero. I've been a recent buyer of Big G and other tech issues because, like Foolish colleague Buck Hartzell, I believe now can be my finest hour as an investor.
That's how top investors generate superior returns -- like when David Gardner produced a decade of 20% returns by buying and holding the likes of Amazon (Nasdaq: AMZN ) and eBay in the real-money Rule Breaker portfolio, or when Tom Gardner selected a "simpleton portfolio" to hold for a decade, with market-crushing results. I think these five tech stocks will produce plenty of durable gains.
This week's checkup
Now, let's move on to the rest of this week's update:
There's your checkup. See you back here on Friday for more tech stock talk.
Get your clicks with more techie Foolishness:
- The good news? The panic might make you a better investor.
- And tech stocks can make you enormously wealthy.