Wednesday, July 11, 2007

Buy JNJ and Kinross


This morning I bought JNJ and Kinross at US$62.43 and CAN$ 13.93 for longer term investment.

JNJ is big pharm in US. It just announced 10B buyback plan which I do believe a boost. MACD is positive cross-over.

Kinross is another Gold play especially when Gold is marching to $700 in the next two months.

Another Stock I would like to buy is Canadian Rail. But it moved too quick to buy. I will wait for its pullback. No hurry.

No comments: