In her International Yield model, manager Vivian Lewis looks for international closed-end funds and stocks with a high yield. Recently she added ClickSoftware Technologies Ltd (NASDAQ: CKSW) to the model. CKSW provides automated software and workforce management solutions to businesses. The company recently released a new application for appointment management through Facebook. In 2008 the company had a gross profit of $34,183 and in 2009 it grew to $40,292. Their stockholder equity also grew, rising from $26,086 in 2008 to $42,658 in 2009.
In the Price Volatility Volume model, manager William Smith looks for overbought and oversold conditions using quantitative analysis. He added Citrix Systems Incorporated (NASDAQ: CTXS) to the model recently. CTXS is a software company that provides networking and other services for companies. The price to earnings ratio is high compared to competitors, meaning that the stock is probably overbought. In 2008 the company had net revenues of $1.6 billion and the same in 2009.
Model manager Capital Ideas added a new position to the Macro Plus Income model this week. The manager designed this model for individuals who are five years on either side of retirement and the ideal is for compound growth during pre-retirement years and high income for post-retirement years all within this single portfolio. The position they added was ATP Oil & Gas Corporation (NASDAQ: ATPG). ATPG works in the development and production of natural gas and oil off the shore of the Gulf of Mexico and in the North Sea. On October 11th, before the offshore drilling ban was repealed, the stock closed at $15.30. After the ban was lifted on October 12th, ATPG closed at $16.79. The company’s gross income in 2008 was $264.8 million but dropped to 62.5 million in 2009 thanks to a drop in net revenues.
