a summary of various stock recommendations from various sources.

Saturday, March 28, 2009

Friday March 13th 2009 daily stock tracking

Street - Upgrades, Devon Energy(DVN)$72, Foster Wheeler(FWLT)$23, King Pharmaceuticals(KG)$10, Palm(PALM)$12, Nike(NKE), Oracle(ORCL)$20, Staples(SPLS)$21, Skyworks(SWKS)$10, United Technologies(UTX)$47, China Fire & Security Group(CFSG), RehabCare(RHB). Fast Money - Financial stocks such as Morgan Stanley (MS), Goldman Sachs (GS) and Northern Trust (NTRS). Designated biotech hedge funds will be taking their money out of Genentech and setting their sights on other companies like Celgene(CELG), Amgen (AMGN)and Gilead(GILD). Like the refiners and drillers like Fluor(FLR) and McDermott International(MDR). Final trades Millicom International Cellular(MICC) and Transocean(RIG). Top 5 small-caps - NCI(NCIT), American Physicians Capital(ACAP), NVE(NVEC), Applied Signal Technology(APSG), Emergency Medical Services(EMS). Mad Money - Terra Nitrogen, Agnico-Eagle Mines (AEM) or Eldorado Gold (EGO), Taiwan Semiconductor (TSM) and Hewlett-Packard (HPQ).
TheStockAdvisors - Isis Pharmaceuticals(ISIS), a biotech stock involved in developing drugs for cancer, multiple sclerosis and diabetes. Isis is loaded with cash and the company expects to end 2009 with more than $550 million in cash, equal to 50% of its current market cap. Additionally, the company will aggressively grow its pipeline by adding three to five new drugs per year, and advancing the drugs currently in its pipeline. ISIS is a buy under $15. ArcelorMittal(MT) the world's largest steel maker, is one of the best-positioned to benefit from rising demand from emerging markets. The stock trades at less than five times analysts' lowered estimates for 2009 per-share earnings, management has also said its 2009 dividend would be $0.64, for an expected yield of 3.6%. Gold - Will show strength if it stays above its 65-week moving average now at $875 from 2003 to 2007. Of course, if gold reaches a record high, it would be super strong. Jumping ahead, in a bull market gold always stays higher than its prior low. This means that during weakness gold should stay above $705, last November’s low, in order to stay bullish. In a worst case, the previous low in June 2007 would be the absolute low point for a bull market to stay active, at $645. Silver - It’s now overbought for the time being. Silver had an impressive rise, but it remains below its 65-week moving average and, therefore, it’s vulnerable below $14.60. It could decline to $11.70 but it would still be firm. Once weakness is over, it will be time to buy silver again because the long-term leading indicator shows that a major low is forming. It’s now important to see if gold will form an eight year cyclical low by the summer time. But one thing is certain, be prepared to buy more gold, silver and their shares when upcoming weakness is about over. Otherwise, keep the positions you have, such as our recommended holdings in SPDR Gold Trust (GLD), iShares Comex Gold (IAU) and iShares Silver Trust (SLV).

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