CDO

Colorado (CDO): Loser


The loser of the week is retailer Colorado (CDO), which dropped 12 per cent after announcing a modest rise in profits. (The worst performing stock on the Australian sharemarket for week 39 of 2006). CDO was a winner of the week back in June 2006.

Winner of the Week are Colarado (CDO) Shares


Winner of the week this week was retailer Colorado (CDO), up 29 per cent after a private equity firm bought a 13 per cent stake and threatens to bid for the company. We recently featured a broker recommendation for the Colorado shares from ABN Amro last May. Colarado was also among the top ASX stock picks from ABN Amro for this year in the small caps category.

Colorado (CDO) Shares "Buy"


ABN Amro has rated the Colorado Group (CDO) stock as Upgrade to Buy from Hold with a share price target of $4.25 from $4.28. The broker has upgraded its recommendation following weakness in the share price, as this means the stock is again at a 30 per cent discount to its peers. Supporting its rating is management's reiteration of previous earnings guidance for FY07. Colorado Group Limited is listed on the Australian Stock Exchange (ASX) under stock code CDO. Check your charts!

Top ASX Stock Picks for 2006: Small Caps


These are the Top ASX Stock Picks for 2006 for the Small Caps provided by ABN Amro:

CDO, TBG, ARQ, CBH, QCG, ABC, ACL, CCP, QMT, OAK.

Now, I'm not suggesting you go out and buy these top picks for the small caps stocks arena - they may look cheap, may have a lot of upside but you also have to consider what you exit plan is if you do decide to trade these small cap stocks.

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