Berger Paints is one of IC Insider’s TOP 5 best performers from the initial list & exceeded the price target.
IC Insider.com first published its TOP 5 stocks, for the week ending September 9 last year. Looking back, the first set of selection is revealing.
There has been no losers in the list, 6 have more than doubled and two nearly doubled, that is a near 80 percent of strong performances. The Junior Market index is up 43 percent over the period and the All Jamaica Composite is up 29 percent for main market stocks.
First the disappointments, Grace Kennedy has hardly moved from where it entered at $41.45 while Caribbean Cement keeps on dancing up and down as the company’s management fails to properly communicate with investors as to the company’s performance, both past and future, the stock is up from the $26 but just. AMG Packaging while trading higher than the $19.20 it entered the list at, has not done much based on its underperforming profitability. The same cannot be said about 
Berger Paints, up from $5 to $20 on Friday, helped by strong profit increase. NCB Financial has almost doubled and still has much more room for growth. Barita Investments and JMMB Group have more than doubled in price over the period. Medical Disposables have moved to $6.50 and traded higher up from $3.55, Jetcon is up from $3.50 to $15.74, exceeding by far the $10 price tag projected, Paramount was projected to get to $37 based on the number of shares then issued, the price exceeded that level after the stock split 10 for 1, and sits just below the equivalent of $37, currently. Access Financial has more than doubled and came close recently to the IC Insider.com’s target of $48, having traded at $47.