Street - Cramer is bullish on the Dow and buying a China ETF iShares FTSE/Xinua in a market that was down 60% last year. American Express(AXP)could go back to $22 and their dividend is not in jeopardy. AT&T(T)may even raise dividen and could go back to $35. Boeing(BA)may be a buy later in the year up to a price of $42. Citigroup(C)could go to $9. Freeport-McMoRan(FCX)go to $15. Bank of America(BAC)has to much exposure to the consumer, prefer JPMorgan Chase(JPM)as a way to play any stabilization in banks. Caterpillar(CAT)will go back to $55 on big orders from the U.S. Government and China. Chevron(CVX)should rally to $82, buy aggressively on any decline. ExxonMobile(XOM)is also good. Coca-Cola(KO)could trade to $49, but the better buy is Pepsi(PEP)with a target $75 because of their frito Lay business.
Cramer's Dow Outlook for 2009 Predicted % gains.
AA $15.00 $11.26 24.93% 29.8
AXP $22.00 $18.55 15.68% 27.5
T $35.00 $28.50 18.57% 51.8
BAC $18.00 $14.08 21.78% 31.2
BA $42.00 $42.67 -1.60% -5.3
C $9.00 $6.71 25.44% 18.2
CAT $55.00 $44.67 18.78% 82.3
CVX $82.00 $73.97 9.79% 64.0
KO $49.00 $45.27 7.61% 29.7
DIS $26.00 $22.69 12.73% 26.4
DD $32.00 $25.30 20.94% 53.4
GE $20.00 $16.20 19.00% 30.3
Source: TheStreet.com
Upgrades - Apple(AAPL)$135, Ciena(CIEN)$10. TheStockAdvisors - Bristol-Myers(BMY)dividend of 6%, trades at 11x 2009 earnings estimates, plently of cash. Eni(E)highest dividend of major oils at 8.5%, buy under $60. Potash(POT)top pick for 2009, target price mid $90s, now at $50. Teck Cominco(TCK)most promising stock for 2009, selling for less than book value because of a recently suspended dividend to buy distressed assets, its a Canadian mining co. Bird(BIRDF)Canadian infrastructure play, top pick 2009, now yeilds around 10%, buy up to $20. China SPDR(GXC)top 2009 pick, much lower expense ratio and broader portfolio than its main competitor Ishares FTSE/Xinhua China 25 Index(ASE:FXI). URS Corp(URS)construction mangement firm as top 2009 pick. IBD - Gilead Sciences(GILD). Yahoo Nine Stocks for 2009 - Green Mountain Coffee Roasters(GMCR). Greatbatch(GB), Quality Systems(QSII), and Almost Family(AFAM)with attention to healthcare and electronic records all 3 stand to benefit. Fuel Systems Solutions(FSYS) and Energy Conversion Devices(ENER) are favorite alternative energy plays. Life Partners Holdings(LPHI)buys life insurance policies. ETFs I like, Proshares Ultra Financials(UYG), Ishares Xinhua China(FXI).
a summary of various stock recommendations from various sources.
Subscribe to:
Post Comments (Atom)
Followers
About Me
- ericblake
- 39 year old male with live in girlfriend, two kids
No comments:
Post a Comment