First Stocks Purchased

March 29, 2011

Stocks Pruchased:

• Lululemon (LULU) 1 share at Limit Order of $83.00 - I bought LULU for the potential growth of the Lululemon brand in the USA.  LULU is also expanding their brand to Men's and Youth Apparel.  The Fitness and Health trend is growing and the lifestyle and brand marketing LULU is employing have resulted in the growth of sales from the growing fitness-conscious market especially women.  LULU has outperformed the S&P, Nasdaq, Nike and Adidas. (Limit order $83 + $9.95 Base Commission = $92.95)  I plan to have 10 shares of LULU by June 8, 2011.  I will also watch the possible STOCK SPLIT that the shareholders will vote for in June 8, 2011.  My price target to SELL LULU is $100 by 01/30/2012 or gain of 10%.
• Xilinx, Inc (XLNX) 2 shares at Limit Order of $31.00 - I bought 2 shares of XLNX for the 2.00% Dividend yield (XLNX recently boosted it's dividen from 0.16 to 0.19). XLNX is undervalued compared to it's competitor Altera (P/E Ratio of 17.31 vs. XLNX's P/E Ratio of 14.10).  Analyst put a target price of $40 within 12 months.  They are releasing their new programmable chip called "Zynq" that include a CPU core from ARM Holdings.  ARM CPU cores have been used in mobile devices most notably the A5 Chip in the iPad 2.  Will watch for the 04/27/11 earnings report. (Limit Order $31 (x2 = $62) + $9.95 base Commission = $71.95).  I plan to have 10 shares of XLNX by 05/31/2011.  I plan to SELL XLNX at $40 by 01/01/12 or a gain of 10%.

Initial Investment Cash = $200.00

Transactions: 1 share of LULU at $83.00 and 2 shares of XLNX at $31.00 

Fees: $9.95 x 2 transactions = $19.90

Day's Total transactions: $164.90 

Liquid Cash on Hand = $35.10

I left 17.6% of my cash liquid for the possibility of buying more stocks on a pullback.

I like to lock in my profits when my investment gains 10%.. at least decrease my position and hopefully play with the house's money.