TheStreet.com Power Stock Rankings
Patrick Schultz
12/17/07 - 03:02 PM EST
During the week of Dec. 10,
TheStreet.com readers searched for these 10 stocks more than any others. This week, new entrant
Force Protection(FRPT Quote - Cramer on FRPT - Stock Picks) joins the list as investors seek answers to their questions about the company's recent price swoon.
Research associate Patrick Schultz makes the buy, sell or hold call on them below, in the order of their popularity.
1.
Sirius Satellite(SIRI Quote - Cramer on SIRI - Stock Picks): Last week, a couple of media-starved congressmen issued statements saying that the Department of Justice should "not rush" through the review process for Sirius' proposed merger with
XM Satellite(XMSR Quote - Cramer on XMSR - Stock Picks). I would use these lower prices to buy; I think the merger will go through, benefiting shareholders. --
BUY
2.
Citigroup(C Quote - Cramer on C - Stock Picks): As expected, Vikram Pandit was named CEO last week. What I didn't expect was the new CEO's poor, almost laughable performance on the subsequent conference call and CNBC interview. I have dubbed him the Whitney Houston CEO
detailed here . I am changing my take on Citigroup until the company acknowledges the real issues facing them right now. Pandit's lame strategy and action items make me think of Citigroup as a bunch of sailors lost at sea. --
SELL
3.
Research In Motion(RIMM Quote - Cramer on RIMM - Stock Picks): A lot of readers sent nervous emails on this name. Last week, I said any pullback below $100 was attractive to me, and we got that entry point. (Did you pull the trigger?). The stock went on to rally nicely to a high of $109.21. I want to be more cautious in the near term, as bearish rumors of RIMM being hurt by weakness from financials and the ensuing layoffs (no surprise there) will temper the upside. --
HOLD
4.
Washington Mutual(WM Quote - Cramer on WM - Stock Picks): I have said to be scared, very scared of this stock for weeks now. That fear has proved prescient: WaMu shares continually hit new lows, and the company slashed its dividend to 15 cents from from 56 cents. Stay away. --
SELL
5.
Apple(AAPL Quote - Cramer on AAPL - Stock Picks): When you think of holiday shopping, I want you to think Apple. They are doing so many things right. Let's not overthink this, okay? --
BUY
6.
Force Protection(FRPT Quote - Cramer on FRPT - Stock Picks): This maker of mine-resistant ambush-protected (MRAP) vehicles for the military saves lives as it builds transport vehicles specially designed to protect against roadside bombs. This stock is off huge (down over 75% since early October) as analysts forecast lower demand levels in coming years. I disagree with the bearish view, as I think MRAP demand will be sustainable. The vehicles are a military necessity in the asymmetric warfare being engaged globally. I find tremendous value at this level. --
BUY
7.
Cisco Systems(CSCO Quote - Cramer on CSCO - Stock Picks): I think this is a great opportunity to buy one of the true global blue chips at a fire-sale price. In my opinion, the market clearly overreacted to Cisco's recent earnings. This company is levered to everything that is good in technology. The growth of the Internet is speeding up, not slowing down. --
BUY
8.
Countrywide Financial(CFC Quote - Cramer on CFC - Stock Picks): As your mother once told you, don't play with fire. I am applying that very basic and simple rule to CFC. --
SELL
9.
AT&T(T Quote - Cramer on T - Stock Picks): It was a great week for the telecom goliath. It announced a large new stock buyback program of 400 million shares, increased its annual dividend to $1.60 (yield of 3.9%), and set an availability target of 30 million homes for its U-verse IPTV service by 2010. What's not to like? --
BUY
10.
Banc of America(BAC Quote - Cramer on BAC - Stock Picks): The financial sector is just ugly, seeming to hit new lows every day. In fact, BAC just hit another low as I was writing this Monday. Down and down it goes, where does it stop? Nobody knows. --
SELL