Pettit Funds

Today I’m loading up on Terra Nitrogen Company, L.P. (TNH).

They are in the fertilizer business.

Anyone who has paid any attention to my stock picks over the years has to be aware that I am no stranger to the use of fertilizer…

Nice price/earnings ratio. A pretty big company ($2.16B market cap)–I usually buy the small-caps–but no harm in diversifying.

Still waiting for the market to make a move…

Good luck!

Philadelphia Consolidated (PHLY), which was recommended by this blog a year ago on July 5, 2007.

According to this month’s MONEY Magazine the stock was up 67.1% over this last month–#1 in their monthly Top Ten list (although the magazine mistakenly states that as performance over this last year [sic]).

You’re welcome.

I actually feel pretty good about these two picks today, and I’ve already bought some of each.

First up is LB Foster Company (FSTR), which “…engages in the manufacture, fabrication, and distribution of products and services for the rail, construction, energy, and utility markets in the United States”.

And my second pick is, of all things, PetMed Express, Inc. (PETS). I had been surfing the Internet earlier in the day and some ad of theirs popped into my vision for some reason. And then, just now, they showed up on my screen. Eerie! This may sound like picking a horse race because you like the color of the horse, but–I still have faith in my screening process despite this lackluster year and a few real stinkers.

Good luck!