Stock price when the opinion was issued
This is a whole mix of entertainment and leisure type companies. If we are considering an economic recovery, then consumer discretionary stocks should do very well. This ETF is composed of hotels, restaurants, cruise lines, gaming houses. Has about 30 companies and they are all rebalanced quarterly. They are looked at by management actions, price momentum, earnings momentum and a number of value criteria.
(A Top Pick July 17/12 (BNN showed Sept 28/12 in error.-Bill) Up 3.94% but I show Up 3.8%.) Normally they do very well in the summer but this is one didn’t do that much.