11 Stocks for 2008 Sean Udall Dec 24, 2007 8:45 am |
![]() |
![]() |
|
||||||||||||
|
E-Trade (ETFC): The company has just been crushed. Does everyone think it's going to go bankrupt? I don't think it will, and if it doesn't go under it will probably double or more. If nothing else I think it can move higher once this intense year-end pressure eases.
Accuray (ARAY): I still think this stock has the best chance to be the next Intuitive Surgical (ISRG), although it's a very tall order. In just a few quarters the backlog has doubled while everything is growing at a great clip as well (except the stock price).
TomoTherapy (TTPY): Another possible "the next ISRG." I don't like this name as much, but it's got good growth and a unique product offering in ARAY and Varian Medical's (VAR) space.
Sepracor (SEPR): I see a theme here… It's been a rough year for SEPR, but it just raised guidance ending October and it only helped for a couple of days. This is not, as some people think, a one trick pony.
Horsehead Holding (ZINC): This is a recent IPO, very cheap, and a commodity play that I think could run again until mid-year.
First Horizon National (FHN): This company is a regional bank in Tennessee and surrounding states. Like Fifth Third Bancorp (see below), FITB increased its loss reserves recently but the stock is so washed out it didn't cause much additional selling pressure. We get another 50 bps or more at the discount window, and these are the kinds of names that could really recover.
Fifth Third Bancorp (FITB): See FHN
National City Corporation (NCC): See FHN and FITB. Actually, many off-coast regional banks could make this list.
Discover Financial Services (DFS): Discover Card just reported a pretty strong growth quarter. It had writedowns that were already disclosed but the stock got hit a little more anyway. If I had a list of stocks that could see the greatest share price gains in 2008, this could be on that list. DFS probably has the toughest qualifying standards of any credit card issuer and, therefore, it should not be assumed that the company will face the same credit losses that many other consumer lending companies are facing.
Toll Brothers (TOL): I think this homie could have a good run next year, and it may just start in January.
Monster Worldwide (MNST): If we don't drop into recession, the Monster could make a monster move higher. The company owns its market and this could be one to put away for longer than just a short term trade.
|
|||||||
|
|||||||
|
|||||||
|
|||||||
|
|||||||
discuss this article and more on the mv exchange |
|
Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options. Click here for a free 14 day trial to OptionSmith by Steve Smith.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2009 Minyanville Media, Inc. All Rights Reserved.
| add rss feed | free article alerts |
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
DC
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennesee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Local Guides


















