Rochester, NY. PickScout.com, a new website focused on tracking stock recommendations of big-name financial media publishers and reporting on their performance, announced results for its first 2009-2010 media-found stock picks. Leading the pack was Arne Alsin, contributor at TheStreet.com, whose 2010 best stock recommendations were up an average of 29% after the first quarter. Mr. Alsin’s best 2009 stock picks were up 92%. The 2009 “Best Of” stock picks tracked by PickScout had an average return of 51% versus a 29% benchmark average.
In addition to tracking the “Best Of” stock picks found in the media around the New Year, PickScout also tracks the performance of regular contributors at various financial media publishers. John Dorfman, stock picking columnist at Bloomberg and chairman of Thunderstorm Capital in Boston, has written numerous articles recommending stocks. On February 16th 2010, Mr. Dorfman discussed four stocks that have seen an average 31% gain since its publication.
TheStreet.com contributor Glen Bradford’s high risk, high reward Chinese micro-cap stock picks have had incredible returns. Some of his portfolios have had over 200% average returns dating back to May of 2009. Two stocks recommended by Mr. Bradford have returned over 1,000% since he wrote an article with his bullish views on them.
PickScout.com collects and combines stock picks found in media publications and presents them in easy-to-read portfolios for each media outlet. Whenever possible, PickScout links back to the original source (article) so visitors can read the reasoning behind their recommendations. PickScout provides easy-to-read data that compares each stock pick to a selected industry benchmark (S&P 500, S&P 400 MidCap, Russell 2000).
PickScout has discovered that the majority of stock picks found in the financial media are chosen by financial professionals. Reputable money managers, financial newsletter editors, and equity analysts either write articles or columns making recommendations, or in many cases, are interviewed by journalists covering the financial markets.
PickScout is a free website that aggregates financial advice from industry professionals sharing their views with the media. They make the stock picks, PickScout tracks them.
Visit http://www.pickscout.com for details.
