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RAX on the move

Another excellent stock of a company making money, which also looks a bit resistant to market’s roller-coaster moves and volatility. This stock appeared on my screen list a few days ago (when it broke from its flat base on December 04, 2009) and it is still on the list. Today, when the creepy market overreacted on – in my opinion – not so important news this stock moved to new 52 week highs. I decided to buy my initial position of this stock.

Tomorrow I will buy 37 shares of Rackspace Hosting, Inc (RAX) on the market open.

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