Fear not my loyal readers, with all the commentary my contributors have you will still be getting great information and I am still going to recommend stocks in my own way, I just won’t be personally trading for some time. I have a couple other investments that need to pan out so I can get back to it full time and I’ll keep you posted on those developments as they happen.
That being said, here are a few stocks you want to look at, one of them being a potential short. To learn about short selling, I think you should check out Timothy Sykes who is the best at what he does and has taught me a ton about the market in general.
Scotts Miracle Grow ($SMG) – I like Scotts long term and believe it has more room to grow (pun intended). The product cycle is solid and they are still seeing strong sales in spite of the economic downturn we have had. Look for a $38-40 target in 6 months.
Coca Cola Co. ($KO) – It’s summer and $KO always does well through the warm months and into the fall. This is a steady grower and earner. Expect $53 target in 6 months if growth continues through the summer.
Quiksilver ($ZQK) – I’ve been a long time supporter of Quiksilver but had to liquidate my position a couple weeks ago to put the capital to work elsewhere. I’m bullish on their earnings and how they have streamlined their business getting rid of Rossignol last year which was stagnating their growth. Although still speculative at under $5, I think it has much more to go. $ZQK reports earnings after the market close on June 8th.
If I had to choose one more stock I’m bullish on long term it would be Apple ($AAPL). I know, it’s up a lot, but remember it’s still down from the $200 it hit in early 2008. Apple is one of the few companies that keeps reinventing its products to great success and I believe will continue to do so, despite the release of products like Google’s G1 and Android. Apple has never been prone to resting on its laurels and I don’t see it doing that now. Watch out and be ready to pounce on a good pullback.
In full disclosure I own shares of Crystallex ($KRY)
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