Friday, December 19, 2008
I know anyone who dares to express any opinion about stocks nowadays is nutts (like me)! But for all the other nutt-cases, here we go again: I know this seems weird, but I cannot ignore these stocks anymore Visa(V), Mastercard (MA), Goldman-Sachs (GS), Banco Itau (ITU), CME Group (CME), Intercontinental (ICE), Cemex (CX), Arcelor-Mittal (MT), General Dynamics (DG), Northrop-Grumman (NOC), Lockheed Martin (LMT). All of whom have almost monopoly power over their markets, they are large (and not because they blow up with phony derivatives but they earn their way to the top) and more importantly their business model is not easy to replicate. I do like Google (GOOG) and Apple (AAPL) but I think they still have room left in the downside. I also like some of the risky names which I think their upside potential now huge: BC, PSUN, LCAV, BX, NTRI, and maybe even some of the homebuilders (PHM, LEN, DHI, CTX).
Posted by Dr. N at 5:26 AM