I know, the name is awful, but I have to tell you about HCIP Favorites.

HCIP Favorites is the name of a WatchList of stocks that we have been providing to you since April 20th. These stocks are supposed to represent a weekly update of our "favorite" picks from the stocks found by the "High CI Prospects" strategy. As you may recall, the "High CI Prospects" strategy was first described in my essay, "Cherry Picking for Big Winners," dated April 5, 2007. Its purpose is to "find really big winners when they are in the early stages of development."

As the name implies, this search did indeed find many excellent "High CI" prospects, but they were embedded among the other stocks returned by the search. Sorting by VST helped put big winners at the top of the list, but it favored stocks that appeared to already have made big moves. So it was suggested that we could find the hidden winners by cherry picking.

While cherry picking is a lot of fun and the techniques we illustrated in our VectorVest University presentations of 04/05/07 and 04/13/07 will help make you a better stock picker, many of our subscribers still wanted to find the best prospects via a sort. So we decided to do the cherry picking and present our selections to you in the "HCIP Favorites" WatchList. The first HCIP Favorites WatchList was delivered on 04/20/07. So how have they performed since then?

The results have been very good so far, but two months of testing is too short of a time frame to declare victory. Nevertheless, it will be well worth your time to check out this week's "Strategy of the Week." It's called HCIP Favorites.