Suntech Delivers a New 155% Profit

Email – #204

** Suntech Delivers a New 155% Profit

Over the past two months, we stepped up and bought great companies at bargain prices. Now we’re reaping the rewards.

Except for Luxottica (NYSE: LUX), which is trading right at our entry price, all of our positions are profitable.

Incidentally, the world’s leading seller of high-end eyeglasses reports earnings on Thursday. Here’s what I’ve been able uncover by talking to store managers lately: January and February were pretty bad. But sales jumped in March and have continued to be strong in April.

I expect Thursday’s announcement to be a mixed bag. Last quarter’s results could fall short of expectations. But the earnings outlook for the rest of the year should be upbeat.

Here’s how I suggest you play this one. Raise your sell stop all the way to $24.50 . If the market takes Thursday’s news badly, we’ll be out quickly with a small, single-digit loss. But if the stock moves higher on the outlook, we’ll still be in for the ride.

Elsewhere in our ADR portfolio, there is nothing but good news.

Suntech Power (NYSE: STP) has been a moon shot. Shares of the Chinese solar power company are up 40% since we got in four weeks ago. Raise your sell stop to $41 to protect your profits.

And our Suntech September $40 calls (STP-IH) are up 155%. Sell half to lock in some profits now . We’ll let the balance ride awhile longer.

We just added Brazilian homebuilder Gafisa (NYSE: GFA) to our portfolio last week. But it’s already tacked on a couple points. Raise your sell stop to $31 here . Earnings are out May 5.

Femsa (NYSE: FMX) hit a new 52-week high over the past week. We get the latest profit report from the Latin American beverage leader on Monday. Raise your sell stop to $39 here .

Qiagen (Nasdaq: QGEN) has been quiet lately. But we get an earnings update on May 5. Expect good news. The Dutch biotech company launched more than 50 new products last year. It is profitable and growing rapidly. I’m expecting a positive surprise here.  Keep buying.

And Allianz (NYSE: AZ) has moved up 20% since we got in three months ago. (That’s a big short-term move for a $93 billion company.) Allianz announces on May 9. In the meantime, raise your sell stop to $19.50 to protect your profits.

If you have any questions, feel free to call one of our VIP Trading Services representatives at 888.570.9830 (toll-free) or e-mail: viptrader@oxfordclub.com , or call Pillar One Advisor Rick Pfiefer at 800.438.3040 or 407.667.4729

P.S. I would like to extend a personal invitation to join me and a stellar array of experts on The Grand Fall Foliage Cruise . We will be traveling October 19-29, 2008, aboard the #1 cruise ship in the world, the Crystal Symphony. The cruise starts in picturesque Montreal and sails up the St. Lawrence to Quebec City, Halifax, St. John, and then down the Atlantic Ocean with stops in Bar Harbor, Boston, Newport and finally New York City. As we sail, we’ll also delve deep into market trends in search of the most profitable opportunities. Our faculty of international financial experts will share their insights and wisdom with you, discussing cutting-edge strategies for wealth management and international investment opportunities. I will be there, as well as The Oxford Club’s Executive Director Julia Guth , and Louis Basenese , Money Map faculty Keith Fitz-Gerald , Mary Anne and Pamela Aden and Chris Weber . Also on board will be Mt. Vernon Research Investment Director Karim Rahemtulla will also be there, among other experts. I hope you’ll join us. Reserve your spot today by calling our Cruise Desk at 888.684.7245 or 941.955.0323, or click here .

---

Stock

Country

Current Price

Comments

Gafisa (NYSE: GFA)
Brazil
$36.86
Buy. Raise sell stop to $31.

Suntech Power
(NYSE: STP)
China
$48.81
Buy. Raise sell stop to $41. Sell 1/2 options position.

Fomento Economico (NYSE: FMX)
Mexico
$44.00
Buy. Raise sell stop to $39.

Qiagen (Nasdaq: QGEN)
Netherlands
$21.84
Buy. Sell stop is $17.

Luxottica Group
(NYSE: LUX)
Italy
$25.85
Buy. Raise sell stop to $24.

Allianz SE (NYSE: AZ)
Germany
$20.51
Buy. Raise sell stop to $19.50.