All three of these investments, B2B Internet HOLDRs (AMEX: BHH), Capstone Turbine Company (NASDAQ: CPST), and Hanmi Financial Corporation (NASDAQ: HAFC) have all staged strong turnarounds recently and are worth a look…

I usually never cover ETFs, but the B2B Internet HOLDRs exchange traded fund is an exception because of; 1) its attractive ‘entry level’ price for new buyers and aggregators, and 2) the strength of its recent comeback. Just so you know what we’re dealing with, B2B Internet HOLDRs is a group, currently of nine companies, that are in the business-to-business side of the internet industry. The Company’s performance year to date has been a plus 38.71%. Nice. The price of B2B Internet HOLDRs had dipped to $1.04 in mid June and has turned around on a surge to its current price of $1.28, a gain of 23% in three weeks. For those of you looking for ‘a basket’ this might be worth a serious look. Very liquid I might add.

And automotive turbine generator Capstone Turbine has sure turned on a dime. The stock was trading in the $1.30 range on a dip in mid June and has rebounded to its current $1.59 price, a gain of 22.3% in three weeks. Impressive. And with a short/float percentage of 16.53%! The shorters are looking at where to bail out at this point. Rodman and Renshaw gave a ‘Market Outperform’ today along with a $2.50 target price and I believe, considering the amount of good news pouring out from the Company, and the shear strength of that bounce back, that their target price is attainable in the near term (3 mos).

And not to be left behind in this grouping is Hanmi Financial, the Pacific region banking concern. The stock had fallen on a dip to as low as $0.80 in late June and has turned around in a spike and surge to its current $1.22 price, a two week gain of 52%. Now that’s a turnaround. With virtually no short sellers to apply downward pressure and EPS projections in the positive, triple digit range, the Hanmi Financial is certainly worth looking into even at its current price and Congratulations to those who bought in at 80 cents!

I haven’t, don’t, and do not intend on holding any of the companies mentioned in this article.