Flash Alert: Sell Helix Energy Solutions
Sell your stake in Helix Energy Solutions (NYSE: HLX), which is up 19.1 percent since we highlighted the stock in the March 1, 2011, issue.
Our bet on Helix Energy Solutions’ turnaround story paid off after the company announced first quarter earnings per share of $0.24, 1,047 percent higher than a year ago and 142 percent higher than analysts’ consensus estimates. A 19.1 percent gain in just two months time isn’t shabby. Sell Helix Energy Solutions and consider rolling the proceeds into our next Stock on the Run, which we will reveal in our May 2, 2011, issue.