Putnam’s stocks for a New Year’s bounce: BSX, BCO C, LLY, IDTI, KBH, LVLT, MOH, NYT, WEN

Posted on Dec 11, 2009 by WHC Bassetti in Letters

The legendary George Putnam publishes a Christmas list of stocks he expects to bounce around the New Year as tax selling lets up and allows the stocks to seek their normal level.  Mark Hulbert talks about this list at:http://www.marketwatch.com/story/ten-stocks-that-can-bounce-in-2010-2009-12-08

Just to keep ourselves from doing something destructive like ill-considered hedges or anticipating the market (an idle mind is the devil's workshop -- didn't your mother ever tell you that?) we looked at their charts.  Here they are with some comments.

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