The Cohan Letter up 28% in 2007
The three top performing stocks mentioned in The Cohan Letter were:
- New Oriental (EDU) which rose 84% from $43.75 in April 2007 to $80.59 at year end;
- CVRD (RIO) which climbed 77% from $18.50 in March 2007 to $32.67 at year end; and
- Transocean (RIG) increased 66% from $86.20 in April 2007 to $143.15 at year end.
Each month The Cohan Letter mentions three stocks. If a stock mentioned declines 2% after it's mentioned, the stock is "sold" from the portfolio. This 2% stop loss rule 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 22% since its inception compares favorably to the 11.8% average return of the S&P 500 during that period.