Give me one stock pick...

Ha just went and checked it- should have taken my own advice when I thought about it Tuesday. I noticed that the one thing I have seen decline in price lately was the cost of tenderloin filets at COSTCO. They were just over $11 a pound at Christmas (but they always go up) but usually settle in at a price of $10 something. i fugured with transpo costs they might be up, but they were down to $8.65 a pound. Making me think they were not selling enough tenderloin and supply was increasing on the perishable product. So to move it... lower the price. I then wondered if Whole Foods might be suffering beacuase of their premium priced products if a commodity like tenderlion filets were falling in price.

I guess they some report come out the next day and their stock took a beating, so perhaps my advice's timing has already come and gone as it lost like 10% of the value in the last couple of days. Oh well good to know Peter Lynch's basic principles still come into play... when you ACT ON THEM (saying moron to myself right now...)
 
Apple's had a good run back up lately, so I don't know that I'd recommend that stock. I wouldn't be surprised to see it go up to 200 after the new iphone comes out, but thats not even a 10% pop.

I currently like some of the banking stocks. They to have had a run up, but I still think they have a ways to go. One of these days I expect people to realize that we aren't really in a recession. I like JPM and GS. I also like MA. Consumer spending hasn't been as bad as expected, and I think a lot of that spending is with CCs. V is also a good company, but I think it's slightly overvalued compared to MA.

If you want riskier ventures I'd look into shorting LVS. Compared to other casino stocks it is WAY overvalued, but it seems to have some strong suporters who keep the price high even during bouts of bad news. If you watch it on an everyday basis you would almost be sure it's being manipulated. It's gone up 10% in the past few days and I wouldn't be surprised to see it settle back down under 70 sometime next week, but like I said it doesn't really do what it should do.

if you want to get even riskier check out FMD. They will probably either go up 500% or be bankrupt within the next few months. If you are interested you should read up on them, I won't say any more than that.

Also as for full discloser I'm not a broker or anything, nor am I super successful at investing. It is a hobby of mine, and I do follow a handful of stocks including al of those I wrote about.

One final thing I don't particularly like these stocks, but a lot of people (i.e. hype on TV) like Walmart and Home Depot right now. They claim those stocks always do well during the summer months.

EDIT:
In reply to:


 
Bluetooth or companies that make that type of headset. As more states ban cell phones while driving these will be selling like hotcakes.

When I was last in N.M. we noticed that in a restaurant for breakfast that almost 80 percent of the people in there had one in their ear. The cook, the window washer, cashier and busboy all had one too. I was baffled by this.

Later that day I learned that you get popped with a big ticket if you have a phone on your ear when driving, that there are a **** ton of bluetooth sets.

California is about to make phones illegal, more states to come. Buy the support companies providing materials, transport or packaging of these items.

Go back in time and buy Dell. Then sell it.
 
not sure about the 6 week timeframe, but i always watch alcon stock since several family members work there. ACL.

IPO of $33 back on 3/02 and trading now somewhere around $150. Novartis just bought about 25% of them from nestle and may buy nestle's remaining 50% in the near future.
 
Eli Lilly

Maker of Byetta. If you don't know what this drug does, read up on it - but do it quickly, as word is getting out.

(And yes, I already own shares).
 

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