Best Stocks: Can General Motors Company Really Be at the Top?

By StateOfTheMarkets.com  JUN 24, 2013 8:55 AM

Two car companies, two Internet retailers, and a satellite content provider hold the spots in this week's "10.0 report" (with three "buy" ratings).

 


At StateoftheMarkets.com, we focus our attention on the top-rated stocks of the market for a few simple reasons. The top stocks have the best earnings strength. The top stocks have strong fundamentals. The top stocks are also in the top-ranked industry groups. So from our perspective, the top stocks put the odds in your favor before you ever enter a buy order. So, why would anyone invest/trade in anything else?
 
Listed below are five companies that made our "10.0 Stocks Report" this week.

10.0 Stocks” For the Week of June 24, 2013:

Company: Tesla Motors Inc (NASDAQ:TSLA)
Sector: Consumer Discretionary
Industry: Automobile Manufacturing
Stock Rating: 10.0
Current Rating: Accumulate
Trading Stop: Close Below $87.89




Company: Netflix, Inc. (NASDAQ:NFLX)
Sector: Consumer Discretionary
Industry: Internet Retail
Stock Rating: 10.0
Current Rating: Buy
Trading Stop: Close Below $197.89


Company: Starz (NASDAQ:STRZA)
Sector: Consumer Discretionary
Industry: Cable and Satellite
Stock Rating: 10.0
Current Rating: Buy
Trading Stop: Close Below $21.19


Company: GameStop Corp. (NYSE:GME)
Sector: Consumer Discretionary
Industry: Computer and Electronics Retailing
Stock Rating: 10.0
Current Rating: Hold
Trading Stop: Close Below $37.49



Company: General Motors Company (NYSE:GM)
Sector: Consumer Discretionary
Industry: Automobile Manufacturing
Stock Rating: 10.0
Current Rating: Buy
Trading Stop: Close Below $29.89



The StateoftheMarkets “Top Stock” Rating:

The Top Stock Rating indicates the combined score of our proprietary Earning Strength and Company Performance models. The rating scale is 0 - 10 with 10 being the highest.
 
Current Rating:

The Current Rating is designed to let readers know what we would do now if we did not currently hold the position.
 
Strong Buy: Our favorite position. We would be willing to buy a full position at current levels.
 
Buy: We would be willing to buy at current levels.
 
Accumulate: We would be willing to take a "starter position" (25% - 33% of the full position) at current levels. However, we would not want to buy a full position at the current time and we would look to add to our "starter position" on weakness.
 
Hold: We prefer to hold our position at the current levels, but we would not be buyers at this time.
 
Sell: We are not happy with this position and are looking for an exit point.
 
Below, find some more great content from David Moenning and StateoftheMarkets.com:

I Don't 'Know' Anything for Sure

The Action Will Speak Louder Than Words

The State of Speculation

This article by David Moenning was originally published on StateoftheMarkets.com

Follow on Twitter: @StateDave
No positions in stocks mentioned.