I've had to sit on my hands the last few days with so many of my favorite names selling at huge discounts to what they're worth. This is not the time to buy stocks, but the next time we're taken down by some European misstep these will be the names on my shopping list. I've put a daily chart for each stock beginning the day before the Fed added the word "significant" before the phrase "downside risk", until today. Some names have already come back a bit, but like I said, I wouldn't start buying here. Check out the names after the break.
New Oriental Education and Tech (EDU)
Closing Price: $27.58 2011 High: $33.70
Arcos Dorados Holding (ARCO)
Closing Price: $23.79 2011 High: $28.52
Wynn Resorts (WYNN)
9/27 Closing Price: $135.49 2011 High: $165.25
Baidu (BIDU)
Closing Price: $121.42 2011 High: $164.36
Chesapeake Energy (CHK)
Closing Price: $27.27 2011 High: $35.61
Whole Foods Market (WFM)
Closing Price: $70.09 2011 High: $72.10
Decker's Outdoor (DECK)
Closing Price: $99.52 2011 High: $105.01
This is not a recommendation to buy or sell any securities. DAK was long ARCO at time of publication but positions can change at anytime.
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