The Cohan Letter up 18% in 2007

January 01st, 2008 | Category: Newsletters

My investment newsletter, The Cohan Letter, outperformed the S&P 500 in 2007. Specifically, the average stock mentioned in The Cohan Letter rose 18% in 2007. that compares favorably to the performance of the S&P 500 which rose 3% in 2007.

The three top performing stocks mentioned in The Cohan Letter were:

New Oriental Education & Technology Group (NYSE: EDU) which rose 46% in April 2007 from $43.75 to $80.59 at year end.
Companhia Vale Do Rio Doce (NYSE: RIO) which climbed 43% from $18.50 in March 2007 to $32.67 at year end; and
Transocean Inc. (NYSE: RIG) increased 40% from $86.20 in April 2007 to $143.15 at year end.

Each month

The Cohan Letter mentions three stocks. whether a stock mentioned declines 2% after it’s mentioned, the stock is “sold” from the portfolio. that 2% stop loss rule is contributes to the relatively high average return of The Cohan Letter.

Now in its sixth year of publication, The Cohan Letter’s average annual return of 20% since its inception — the average annual return of the S&P 500 during that date was11.6%.

Peter Cohan is president of Peter S. Cohan & Associates. He additionally teaches management at Babson College and edits The Cohan Letter.

Original post by Peter Cohan

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