Stocks on Wall Street has decided to add a new weekly section to our website called ‘Stock Talk.’ We allow our fans and readers to send us their stock picks and we will provide you with a brief recommendation or thought on the top stock selections in our weekly publication. Last week was the first time we started taking requests and as a result we have our first ever ‘Stock Talk’ article. Send us your picks for next weeks ‘Stock Talk’ by following the link: Contact Us!
BULLISH : BUY
Plains Exploration & Production Company (NYSE:PXP) PXP took advantage of BP’s need for cash and picked up assets on the cheap. In return, they’re poised to make a large profits off the assets making it a great timely investment. Tie that in with the company’s already strong growth prospects & the future looks great for PXP.
Walt Disney (NYSE: DIS) Disney’s recent acquisition of Lucas Films is pure genius. The markets may have not reacted as strong as some would have wished but this was a home run acquisition by Disney. Buying a brand like ‘Star Wars’ will be nothing short of a future gold mine for Disney. With two new trilogies already in the works and the Star Wars characters being added to the Disney Theme Parks, add that with the merchandise sales & just think of the unlimited revenue potential this deal will bring to DIS.
Hain Celestial (NASDAQ: HAIN) Things have never been better than right now for Hain Celestial and we expect all this great news to translate into higher stock prices going forward. According to Hain Celestial CEO, Irwin Simon, company sales have been through the roof during Hurricane Sandy and he doesn’t expect things to slow down one bit going forward. On top of these strong growth prospects, HAIN is backed by strong analyst recommendations giving this stock lots of potential to soar even higher.
QUALCOMM, Inc. (NASDAQ: QCOM) Don’t let the recent analyst downgrade on QCOM scare you away. From an investors standpoint, QCOM is still a strong stock loaded with potential.
EOG Resources, Inc. (NYSE: EOG) Energy is a booming sector once again, more specifically we’ve seen strength in the Natural Gas sector and when it comes to top natural gas producers, no company is stronger from top to bottom than EOG Resources. With analysts across the board saying ‘BUY’ we are to as the future looks strong for EOG.
Fossil, Inc. (NASDAQ: FOSL) Don’t let the recent missed earnings fool you into thinking that FOSL is dead as a stock. Instead let this be a time for investors to purchase shares of Fossil on a dip as since FOSL’s missed earnings report, shares have fallen 12% down from $94 to $84.
UBS AG (NYSE: UBS) UBS has restructured their business and from the looks of it, it’s for the better. UBS is getting out of their money-losing businesses and into money-making ones. If executed properly, this could be a big swing in the right direction. Nevertheless, UBS is saying and doing the right things, which is a start and makes us optimistic about where things are headed going forward.
ADT Corp (NYSE: ADT) ADT Security Company is a stock to watch out for now after strong back-to-back analyst upgrades. Receiving two strong recommendations in a short-term from reputable analysts gives us confidence that the company is on their way up.
News Corp (NASDAQ: NWSA) News Corp is set to spin off its ailing publishing business, which will overall be a big winner for shareholders. Barclays upgraded them from HOLD to BUY recently and we think they are onto something as NWSA has strong assets and growth opportunities going forward.
U.S. Bancorp (NYSE: USB) USB is being rewarded by domestic exposure in the markets making this U.S. centric mortgage bank a very attractive investment.
Wells Fargo & Company (NYSE:WFC) Much like USB, strong domestic exposure will reward WFC investors with stronger earnings, profits, and in all higher stock price.
Apple Inc. (NASDAQ:AAPL) Can you ever go wrong by investing in Apple? If you look at the Apple’s historical prices, whenever people say it’s time to SELL or that the company is set for a drop, it soars even higher. We believe AAPL is being unfairly punished by Wall Street, as shares have fallen over 20% since their recent highs. The good news is this gives long-term investors an even more attractive valuation for Apple, allowing investors to purchase shares of AAPL at a discounted price point. As iPad Mini and iPhone 5 sales continue to soar, everything looks like it will be just fine for Apple going forward.
Yamana Gold Inc. (NYSE: AUY) Gold is safe and steady investment especially if you are still worried about future inflation concerns for the U.S. and other global currencies. We think Yamana is a great investment from top-to-bottom and one of the gold stocks to own. We believe they have a high growth ceiling and many great future opportunities for investors. Add to that SPDR Gold Shares (NYSE: GLD) and you will be holding two of the best gold stocks worldwide.
Matrix Service Co. (NASDAQ: MTRX) This small cap engineering company is one to watch out for. Top to bottom MTRX is a steady investment with lots of potential going forward. Analysts across Wall Street back this theory up with high expectations for MTRX with 12-Month price targets of $15, a total net yield of 45%.
MGM Resorts (NYSE: MGM) Last week we disclosed in our article ‘Best Bet on Macau?‘ that we were no longer bullish about Wynn Resorts (NASDAQ: WYNN) and in fact skeptical of their long-term potential recommending new investors to avoid the stock altogether and current investors to HOLD their shares. When it comes to MGM, why bother? There’s a saying that you should never stoop lower down the food chain and investing in MGM would be doing just that as they’re a step behind the WYNN as it is. If you want a strong casino stock, look at Las Vegas Sands (NYSE: LVS).
Walgreens Company (NYSE: WAG) While some people are saying buy Walgreen based on weakness, we think that’s not a valid reason to invest at all and would rather just avoid the stock altogether as there are many better investment options out there.
Align Technology, Inc. (NASDAQ: ALGN) After poor quarterly results and weak overall performance there is little good news to convince us to buy shares of ALGN. While the stock has had success in the past, we just don’t see it in the future and are staying on the sidelines as a result. If you already own ALGN, HOLD your shares and stay put however don’t go out purchasing any new shares if you’re an investor looking for growth opportunities.
McDonald’s Corporation (NYSE:MCD) Hold off on the Big Mac and Fries everyone, McDonald’s monopoly month was not enough to convince us to invest. What we want to see is a couple strong consecutive monthly reports and then we can reassess our standing but until then stay put.
PDL BioPharma Inc. (NASDAQ: PDLI) PDLI is a risky, high-ceiling play that has been talked a lot about recently. Some people think it will pop and be one of the top stocks to own in 2012, on the other hand others think the stock will do nothing but disappoint investors. We are siding closer to the latter as we think PDLI is too risky of a bet with little upside to make it worth it.
Workday Inc. (NYSE: WDAY) WDAY might be one of the hottest new stocks of 2012 but we hold a neutral position when it comes to WDAY as an investment.
BEARISH : SELL
Caesars Entertainment Corp (NASDAQ: CZR) Like we said earlier with MGM, there’s no reason to stoop down the food chain when it comes to Casino stocks and Ceasars falls below even MGM so you can already see where we’re going with this recommendation. The stock has been dropping ever since it’s IPO and we expect share prices to continue to slide even further going forward making it not a stock you want to be a part of. If you want a casino stock to invest in, then go with Las Vegas Sands (NYSE: LVS) other than that stay away from CZR.
Intel Corporation (NASDAQ: INTC) Apple’s decision to drop Intel as their chip maker and go in house making their own is huge news for technology stocks and much to the dismay of Intel executives. This stunning announcement will sting big-time when it comes to Intel’s future earnings as AAPL was giving Intel lots of business that will be hard to ever replace. As a result, INTC is no longer a tech stock you want to own.