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PPR - More pockets - LAD, RAX, SIMO

A few additional names qualified as pocket pivots:

LAD - Operates 84 car dealerships in 12 states. Industry group rank 1st out of 202 groups. Robust sales and earnings over last few quarters, increasing institutional sponsorship. Overall rating 98.

RAX - Offers web hosting services to a variety of businesses. Earnings, sales, and institutional sponsorship continue to accelerate. Overall rating 97.

SIMO - Taiwan-based designer of devices (microcontrollers, flash devices, card readers, etc) for the multimedia consumer electronics market. Very strong earnings and sales over last few quarters. Overall rating 97. Fast acceleration of institutional sponsorship. Smaller cap company so handle with care.


The markets are volatile so position size appropriately.

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