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Thursday, October 27, 2005

Trading Stocks

I've been recently closely watching the stock market and monitoring my list of stocks. My current favorite pick is Click Commerce Inc. (CKCM). I've played the swings and made some decent money. I just added more shares yesterday. The stock price has been pushed down with no reason. The company is doing well and has a lot of potential. It has just been chosen by the U.S. Air Force for a huge contract. The valuations are incrediblely attractive. Priced at 16.19, the trailing P/E is 19 but the forward P/E is 13 times next year's earnings, and it's a major player in RFID technology. Next week will be interesting for this stock.

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