Thur Jan 15th 2009 daily stock analysis

Street - Big drop in Asian stock markets today on U.S. consumer spending fears, and some bad earnings reports. New jobless claims numbers are more than expected. Fast Money final trades, buy Apple(AAPL) on the bad news of Steve Jobs health, plently of cash on hand, valuation getting cheap. Like Testoro(TSO) and ABB Limited(ABB). Upgrades - Dollar Tree(DLTR) $38, Ecolab(ECL) $46, WellPoint(WLP) $58, Google(GOOG) $420, growth will recover by 4th quarter of 2009. Bull on Celgene(CELG), Altria(MO), Public Service Enterprise(PEG).
TheStockAdvisors - Seaspan(SSW) container ships company with a huge yield of 24%, should not drop below 15% when all is said and done. Energy conversion(ENER)3% convertible bond due 6/15/2013, approximate cost is $490 per bond, mature at $1000 in 2013.
Yahoo - $825 billion stimulus bill. Article bits - $500 tax cut would reach 95 percent of workers and $1,000 for working couples. "It is about job creation," House Speaker Nancy Pelosi, D-Calif., said. "It is about clean, efficient energy in America to transform our economy through investments in science and technology. ... It is about modernizing our roads, bridges; education for the 21st century. $90 billion for traditional infrastructure projects such as road and bridge repair and construction, modernizing federal building, clean water and flood control projects, and rail and mass transit construction. Pelosi seems proudest of the measure's investments in renewable energy and science, including $32 billion to upgrade the nation's electrical distribution system, more than $20 billion in tax cuts to promote the development of alternatives to oil, and billions more to make public housing, federal buildings and modest-income homes more energy efficient. Obama issued a statement praising the bill, saying it would invest in priorities like health care, education, and energy. Other items in the measure include funds for state and local law enforcement, extending broadband service to rural and other underserved areas and $20 billion to computerize health records, a key priority of the incoming president.
IBD - ManTech International(MANT) provides military intelligence services.