After getting off to a great start in 2005 and turning in a spectacular performance in 2006, the InsideArbitrage model portfolio has only turned in a modest gain in 2007, hurt by my bearish sentiment. A friend of mine who recently joined an exciting new start-up called Jambaz, introduced me to their stock picking game that just about might restore my stock picking mojo.
I get to play this game every single day by predicting the direction of five stocks and scoring points if my predictions turn out to be correct. As readers of InsideArbitrage know, I am a long-term investor who is happy to get the direction of a stock right in a one to three year time frame and have no idea where a stock might go tomorrow or even next week. However I figured it would be fun to try my hand at daily predictions of five technology stocks that already belong in the model portfolio. These five stocks are Airspan Networks (AIRN), Alvarion (ALVR), Logitech (LOGI), EMC (EMC) and Salesforce.com (CRM).