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What We're Buying, Selling And Holding

Published 11/07/2012, 11:20 AM
Updated 07/09/2023, 06:31 AM
INTC
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DIS
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MCD
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BP
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UBSN
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PDLI
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AAPL
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CASP
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WFC
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AUYN
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LVS
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EOG
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GC
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NG
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MTRX
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BIG
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NWS
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NWSA
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ALGN
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MTRX
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STAR
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CZR
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FOSL
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  • BULLISH: BUY
  • Plains Exploration & Production Company (PXP)

    PXP took advantage of BP’s need for cash and picked up assets on the cheap and is poised to make a bundle off it. Tie that in with the company’s already strong growth prospects and the future looks strong for PXP.

    Walt Disney (DIS) Disney’s recent acquisition of Lucas Films is pure genius. The markets may have not reacted but this was a home run acquisition by Disney. Buying a brand like ‘Star Wars’ will be a future gold mine for Disney. With two new trilogies in the works and the Star Wars characters being added to all the Disney Parks not to mention the merchandise makes the revenue potential on this deal unlimited for DIS.

    Hain Celestial (HAIN) Things have never been better than right now for Hain Celestial and we expect this will all translate into strong stock performance going forward. Company sales during Hurricane Sandy have been through the roof. Backed by strong analysts recommendations the ceiling for future potential is high for HAIN.

    QUALCOMM, Inc. (QCOM)‎ Don’t let the recent downgrade scare you away, QCOM is still a strong stock loaded with potential.

    EOG Resources, Inc. (EOG) Natural Gas and Energy are booming sectors and within the sector specifically no company is stronger from top to bottom than EOG. With analysts across the board saying ‘BUY’ we are to as the future looks strong for EOG.

    Fossil, Inc. (FOSL) Don’t let the missed earnings fool you into thinking that FOSL is dead as a stock. Instead let this be a time to buy Fossil on a dip as shares have fallen 12% down from $94 to $84.

    UBS AG (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 for UBS. Nevertheless, they are saying and doing the right things, which makes us optimistic and liking where things are headed.

    ADT Corp (NYSE: ADT) ADT Security Company is a stock to out for as after back-to-back analyst upgrades, it makes us confident that the company’s on the way up.

    News Corp (NWSA) News Corp is set to spin off its ailing publishing business, which will overall be a big winner for shareholders.

    U.S. Bancorp (USB) USB is being rewarded by domestic exposure making this U.S. centric mortgage bank a very attractive investment.

    Wells Fargo & Company (WFC) Much like USB, strong domestic exposure will reward WFC investors with stronger earnings, profits, and in all higher stock price.

    Apple Inc. (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 the company is set for a drop it soars even higher. AAPL is being unfairly punished by Wall Street, which we believe makes the company more attractive allowing investors to purchase shares at a lower price point. As iPad Mini and iPhone 5 sales continue to soar, everything looks just fine for Apple in the long-run.

    Yamana Gold Inc. (AUY) We think Yamana is a great investment and one of the gold stocks to own and believe they have a high growth ceiling. Add to that SPDR Gold Shares (GLD) as another gold stock we like.

    Matrix Service Co. (MTRX) This small cap engineering company is one to watch out for. Top to bottom we like it very much and think the stock has lots of potential going forward.

    • HOLD:
    MGM Resorts (MGM)

    We already disclosed that last week we were no longer bullish about Wynn Resorts (WYNN), therefore there’s no reason to go down the food chain and invest in MGM. If you want a strong casino stock, look at Las Vegas Sands (LVS).

    Walgreens Company (WAG) While some people are saying to buy Walgreen based on weakness, we think that’s a reason to avoid the stock altogether.

    Align Technology, Inc. (ALGN) After poor quarterly results and overall performance we are staying on the sidelines when it comes to ALGN. If you already own it HOLD and stay put however don’t buy shares if you’re an investor looking for new opportunities.

    McDonald’s Corporation (MCD) Hold off on the Big Mac and Fries. We need to see how McDonalds is going to perform going forward, after a couple strong months then we can reassess our standing but until then stay put.

    PDL BioPharma Inc. (PDLI) PDLI is a risky, high-ceiling play that has been talked a lot about recently but we’re not seeing the risk to reward benefits so again we’re staying on the sidelines when it comes to PDLI.

    Workday Inc. (WDAY) WDAY might be one of the hottest new stocks of 2012 but we hold a neutral position when it comes to WDAY.

    • BEARISH: SELL
    Caesars Entertainment Corp (CZR)

    Like we said with MGM, there’s no reason to stoop down the food chain when it comes to Casino stocks and Ceasars is even below MGM. The stock has been dropping ever since it’s IPI and we expect share prices to continue to slide even further. Like we said, if you want a casino stock to invest in, then go with Las Vegas Sands (LVS).

    Intel Corporation (INTC) Apple’s decision to drop Intel as their chip maker and go in house making their own is huge news and much to the dismay of Intel executives. This stunning news will sting big-time when it comes to future earnings as AAPL was giving Intel lots of business that will be hard to replace, if ever making INTC a stock we don’t want you to own.

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