Sunday, May 31, 2009
Friday, May 29, 2009
Top 10 Stock Picks 09
There is always risk when picking stocks but as long as you follow my picks you shouldn't have any problem with making a decent profit. I give you permission to make fun of picks if they turn out bad in the comments, because I'm quite confident when it comes to the stock trade. Well before I ramble on, here are my top 10 picks for the second half of 2009.
1 Manulife(MFC)- this is a life insurance company with a great upside to it for the rest of this year. It is trading at 21.36 USD as of this day and before the recession hit it was just steadily going up with a high point of around 45. The famous Jim Cramer also put a solid recommendation on this stock. I can't find one weakness in this stock.
2-Bank of America(BAC)- This was a stock that had analysts very wary with a month ago, but now that it's made it over the 10 dollar mark it is seen as a great stock to get into. The dividend is pretty ridiculous being in the 14 percent area, this would definitely normally scare me but I feel very comfortable putting money in this stock with how they pulled out of that big hole, I see that as the hard part with this bank's progress and making it back close to the 40 dollar mark by the end of this year on a side not I've personnaly bought in for 100 shares.
3-Altria Group(MO)- Now if your looking for a safe bet on a big money maker this is the stock that you should look into. It is currently selling at 17.09 USD, but before the plumet to all stocks this was selling at an impressive 80 USD. If that doesn't gravitate you to this stock then I'm sure the 7.35% dividend will. I would recommend going in for a 100 shares and selling half when(not if) it doubles.
4-Google(Goog)- Here is personally my favorite stock but it's not #1 because of the price, in ten years I see google having a worth that will definetly be in the thousands. When looking for a big stock name this has to be number one we all know that the internet is our future. Microsoft is trying to compete with google but all this has done is made people causious when trading with microsoft, because it looks like it will just blow up in their face.
5-Canadian National Railway Company(CNI)- For railway companies this tops all of them in the past 10 years this stock has just been consistently going up excluding the last year of course, but this can make you a decent amount of money with very little risk. I can see this stock making it back close to the 60 dollar mark by the end of this year.
6-Fortune Brands inc.(FO)- Fortune brands is a similar trade to Altria Group in that it has dropped 50% during the recession but it like Altria shows signs of life it also holds a dividend of just over 4%. I really like what this company brings to the table because once people feel comfortable with buying again I can see this stock making it to the 80 dollar mark in the next year which would bring you up 45 from 35.
7-Ciena Corp.(CIEN)- I don't think that I could make a top 10 stock picks list without Ciena, I just love this stock this is a definite triple your profit stock in the next year it has been a stock that has hung around the 30-50 dollar mark before the drop brought it to 11 USD. This was also a recommened stock by Jim Cramer.
8-Apple Inc.(AAPL)- For tech stocks Apple seems to have the most potential it's price is a little large but I feel that it's worth it. It took a drop of 65 dollars but it should climb right back up to around 200USD. This was one of Jim Cramer's favorite tech stock, and for computer companies I see Apple dominating every other computer company in the near future, and I can never see it slowing down.
9-Oracle Corp.(ORCL)- The Oracle Corp. is a company that seems to fly under the radar which doesn't sound to good when your talking about a solid stock, but this is a definite exception. This corporation has been improving ever since it was born. It has also climbed back close to where it was before the recession which shows that it can perform in the roughest of times. All the other analysts that I've spoke with see this as a great stock for long term and short term, and yes I do speak with other analysts.
10-Potash Corp. of Saskatchewan, Inc.(POT)- I wasen't sure if I was going to put this stock in here because Potash may be a little risky right now but my prediction is that this stock is going to boom over the next year, but if I was going into this stock I would wait a couple of months. It's currently selling at 116 and it had a high a year ago of 250 and it will be there again in my mind in the next year definetly.
1 Manulife(MFC)- this is a life insurance company with a great upside to it for the rest of this year. It is trading at 21.36 USD as of this day and before the recession hit it was just steadily going up with a high point of around 45. The famous Jim Cramer also put a solid recommendation on this stock. I can't find one weakness in this stock.
2-Bank of America(BAC)- This was a stock that had analysts very wary with a month ago, but now that it's made it over the 10 dollar mark it is seen as a great stock to get into. The dividend is pretty ridiculous being in the 14 percent area, this would definitely normally scare me but I feel very comfortable putting money in this stock with how they pulled out of that big hole, I see that as the hard part with this bank's progress and making it back close to the 40 dollar mark by the end of this year on a side not I've personnaly bought in for 100 shares.
3-Altria Group(MO)- Now if your looking for a safe bet on a big money maker this is the stock that you should look into. It is currently selling at 17.09 USD, but before the plumet to all stocks this was selling at an impressive 80 USD. If that doesn't gravitate you to this stock then I'm sure the 7.35% dividend will. I would recommend going in for a 100 shares and selling half when(not if) it doubles.
4-Google(Goog)- Here is personally my favorite stock but it's not #1 because of the price, in ten years I see google having a worth that will definetly be in the thousands. When looking for a big stock name this has to be number one we all know that the internet is our future. Microsoft is trying to compete with google but all this has done is made people causious when trading with microsoft, because it looks like it will just blow up in their face.
5-Canadian National Railway Company(CNI)- For railway companies this tops all of them in the past 10 years this stock has just been consistently going up excluding the last year of course, but this can make you a decent amount of money with very little risk. I can see this stock making it back close to the 60 dollar mark by the end of this year.
6-Fortune Brands inc.(FO)- Fortune brands is a similar trade to Altria Group in that it has dropped 50% during the recession but it like Altria shows signs of life it also holds a dividend of just over 4%. I really like what this company brings to the table because once people feel comfortable with buying again I can see this stock making it to the 80 dollar mark in the next year which would bring you up 45 from 35.
7-Ciena Corp.(CIEN)- I don't think that I could make a top 10 stock picks list without Ciena, I just love this stock this is a definite triple your profit stock in the next year it has been a stock that has hung around the 30-50 dollar mark before the drop brought it to 11 USD. This was also a recommened stock by Jim Cramer.
8-Apple Inc.(AAPL)- For tech stocks Apple seems to have the most potential it's price is a little large but I feel that it's worth it. It took a drop of 65 dollars but it should climb right back up to around 200USD. This was one of Jim Cramer's favorite tech stock, and for computer companies I see Apple dominating every other computer company in the near future, and I can never see it slowing down.
9-Oracle Corp.(ORCL)- The Oracle Corp. is a company that seems to fly under the radar which doesn't sound to good when your talking about a solid stock, but this is a definite exception. This corporation has been improving ever since it was born. It has also climbed back close to where it was before the recession which shows that it can perform in the roughest of times. All the other analysts that I've spoke with see this as a great stock for long term and short term, and yes I do speak with other analysts.
10-Potash Corp. of Saskatchewan, Inc.(POT)- I wasen't sure if I was going to put this stock in here because Potash may be a little risky right now but my prediction is that this stock is going to boom over the next year, but if I was going into this stock I would wait a couple of months. It's currently selling at 116 and it had a high a year ago of 250 and it will be there again in my mind in the next year definetly.
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