Now that the GMI is 6 and many stocks are hitting new 52 week highs again, I am looking for strong stocks to buy. As you know, I prefer to buy stocks that have already doubled in the past year and that are trading at or near their all-time highs. I also want the stock to have appeared on the IBD New America or IBD100 list. FFIV meets all of these criteria. It is also a concept stock selection of my talented stock buddy, Judy. The weekly chart has the technical characteristics I look for, although the stock is extended on a daily basis. Finally, the stock appeared on my Darvas Scan that identifies stocks that have many of the attributes he liked. Below is the monthly chart of FFIV showing that the stock has recently burst through its all-time high reached in late 1999. (Click on chart to enlarge.) I purchased a little of FFIV and will add to it if it keeps rising. Other stocks that appeared on Wednesday night’s Darvas scan include: OPEN, APKT, VIT, BIDU, NTAP, ARMH, HWK, GSIT and IDSA. I own some of these. Please do not ask me to post my Darvas Scan. In the future I will post promising stocks that come up in my scans.