Showing posts with label top stocks. Show all posts
Showing posts with label top stocks. Show all posts

Christmas Wishes - My Top 10 2009 Stocks

Top Ten Stocks 2009
Well, we ended early today with a pretty uneventful day as we saw just a bit of Christmas Eve cheer to end the market up about .58%. So instead of talking about the few things that happened today, I thought I would take a peak into the future and give you my top 10 stocks for 2009. Most of these will be dealing with the first part of 2009, as I feel there could be some serious profits made on both the short and long side. If you are without an account, you can open one with free monthly trades at Zecco.com. So without further adieu, I give you my top 10 stocks.

1. SRS - SRS has taken a huge beating the past month as banks gained ground with bailout news and government intervention. Being involved in commercial real estate, I have a good knowledge of what is going on out there. The debt that is due the next two years is substantially larger than the residential we've already had problems with. With more retailers going BK next year, I can't see how SRS won't do well.

2. GDX - Although it may take a bit to get jump started, I have loved gold since it hit its recent lows. Our next problem will be inflation, when we figure out our bank problems, especially if we keep printing money like we are with a 0% discount rate.

3. FXP - Like SRS, FXP has also taken a beating the past month. Next year, as this recession plays deeper into the consumer, it should hurt exporting nations severely. Especially with the huge workforce in China and the building turmoil, I expect to see some serious interior rioting and government instability.

4. DIG - Like GDX, this may take a bit to find it's ground, but oil is acting much like a pendulum. It was pushed up into ridiculous prices earlier in the year when prices we're creeping to $200 a barrel. Now, it has been oversold as it lowers into the $30's. My guess is oil should be trading at around $75 a barrel and should stabilize there in 2009. It may take some time, but DIG should definitely get some love as it moves back up.

5. TBT - This ETF shorts the Lehman Treasury 20+. US Treasuries have been extremely overbought, as investors have lost a lot of confidence in the market. As a result, the returns on treasuries have hit pretty much 0%. I expect a serious retreat from treasuries in 2009 which should bear well for TBT.

6. VZ - This is my cash flow stock. Verizon has a great balance sheet with great market share for their sector. They also have a great dividend. They have proven to remain resilient during this tumultuous market. Although I don't expect huge gains from them, they act as my buffer and I still like VZ in 2009.

7. AAPL - Apple has taken a pretty strong beating these past two weeks due to some downgrades. The fact of the matter is, yes I believe tech will struggle more next year, but I believe Apple should lead the pack. With the amount of cash they have sitting in the bank, coupled with their extremely innovative product line, I can't see them remaining below $100 for too long. I know so much hinges on Jobbs health, but I think he can hold on for a few years.

8. YHOO - I think a buyout is imminent. And whether it is Microsoft or someone else, Yahoo's current stock price is way to tempting for a hostile takeover. E-commerce is on many company's radar for the future, and what better engine to lead you into it than Yahoo. I think it should take a quick pop soon as soon as someone can get financing to buy these guys out.

9. VMW - This was one of the most hyped stocks when it was publicly offered, shooting above $100 the first day of offering. Now, it has fizzled its way down to below $20 territory. Sure, they have had problems with management and competitors, but their technology and market share remains the same and as they integrate their technology with mobile phones and other devices, I see some serious upside for them in the future.

10. EEV - The explanation for this buy is much like the one for FXP. Emerging markets are a great buy when every country is buying. However, during a global crisis, everyone tries to keep things in house. I see some good profits from EEV.

So there they are. Mind you that some are long positions that I may not take until 2nd or 3rd quarter 2009, but I believe the upside is there. I still feel some of the above listed will continue to lose value, I just think they have the most upside for 2009 at their current levels. I hope everyone has a Merry Christmas, or any other holiday you are celebrating. Have a great evening, Happy Trading.

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