10Nov/080
Stock Picks
Bullish (buy price)
DRYS @ 14
- Extremely low P/E ratio
- Undervalued compared to other dry shippers
PCLN @ 54
- People going to vacation during holidays
- Strong revenues in past quarter
- Excellent management team
GS @ 70
- One of the longest standing investment banks that have strong forecasts
- Very low P/E ratio
BBY @ 25
- Holiday season approaching
- Low P/E ratio
- Circuit CIty gone bankrupt means less competition
Bearish (sell price)
FSLR @ 145
- Overbought
- Oil prices dropping means less demand for solar power
- Obama won't be in office until Jan. 2009 so solar stocks will continue to decline until then
GOOG @ 325
- Ad revenues drop
- No new products
- More competitions in cellphone industry
GM @ 4
- Barclays analyst said it will go to 0 but US government won't let it go bankrupt