a summary of various stock recommendations from various sources.

Thursday, January 29, 2009

Wed Jan 28th, 2009 dailystocktracking

Street - Top 5 large-caps, McDonald's(MCD), Gilead Sciences(GILD), Southern(SO), Abbot Laboratories(ABT), and Apollo Group(APOL). Upgrades - Aflac(AFL) $48, Best Buy(BBY) $35, Dish Network(DISH) $15, Diamond Offshore(DO) $72, Microchip Technology(MCHP) $22, Weatherford International(WFT) $15. Mad Money Recap - There are only two banks worth owning JPMorgan Chase(JPM) and Wells Fargo(WF). Interview with CEO of McCormick(MKC) the spice maker, its 10 points off its high, at 13.7 times earnings. Interview with CEO of Nucor(NUE), don't chase after its big run up this week, but this is the one steel stock to own. Bull on Goldman Sachs(GS), Research in motion(RIMM), Apple(AAPL), and Caterpillar(CAT).
TheStockAdvisors - Transocean(RIG) is the world's biggest offshore driller, the shares plunged 67% in 2008, but they have high rig lease rates under long-term contracts, now trading at only 3.5x estimated 2009 earnings. Transocean estimates that most clients can drill profitability at $60 a barrel oil price.

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