3 changes to IC TOP 10

There are no changes to the TOP 10 main market stock list this week but the Junior Market TOP 10 list has new additions.
IC insider.com revised Paramount Trading earnings to 12 cents per share for the upcoming fiscal year starting June with the stock falling out of the list. General Accident closed the week at $4.50 and slipped off the list while Main Event enjoyed some price recovery, closing the week at $5.80 also moved out. AMG Packaging with the price slipping to $2, Jamaican Teas price moved down to what appears a bargain of $3.50 and tTech down to $5.50 reentered the TOP 10.
The three leading Junior Market stocks are Iron Rock with potential gains of 300 percent, Caribbean Producers 248 percent and Lasco Financial with potential gains of 215 percent.
The three leading main market stocks are, Victoria Mutual investments with 173 percent likely gain, is on top, followed by Carib Cement with potential to gain 172 percent for the year and Sterling Investments with 150 percent.
The main market closed the week with the overall PE at 13.6 and the Junior Market at 10.5. The PE ratio for Junior Market Top 10 stocks average 6.5 and the main market PE is now 8.3. These levels point to the huge upside for the TOP 10 stocks over the next 12 months.
The TOP 10 stocks now trade at an average discount of 38 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used to determine the stocks selected. The PE for each stock and the projected gains are computed to show potential gains for the year. The projected gains are ranked to arrive at the selections, with the potential gains ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have interest in the securities commented on.

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