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TheStreet.com Power Stock Rankings: March 25

Patrick Schultz

1. VisaV The largest IPO in history came to market smoothly and profitably. The stock priced a whopping 406 million shares at $44, above its anticipated range of $37 to $42, and opened for trading at $59. Clearly, investors who got shares at the offering price should look to "lock in" some of these quick gains. What if you did not get shares at the offering price of $44? I would not chase and would wait for the enthusiasm to wane. -- SELL

2. Bear StearnsBSC: The Bear Stearns drama continues, as the company spiked on a potential increase in the takeover price from JPMorganJPM, which came to pass on Monday. With Monday's price upmove, the risk/reward is now poor. Sell this soap opera. -- SELL

3. Goldman SachsGS: It is all about the earnings. Last week, Goldman reported "Goldmanesque" earnings, and the stock reacted sharply. GS avoided the bear growls of hidden toxic merchandise on its books, and simply crushed the Armageddon-calling shorts. How to play now after a 40% move in a week? It is simple: Do nothing. If you already own it, just hold on. But if you are looking to put fresh money into this name, wait on a price level below $170 before pulling the trigger. -- HOLD

4. AppleAAPL: Apple is starting to get its mojo back, and I believe the momentum will continue. The House of Jobs is down over 30% year to date, so we have plenty of upside before we even get back to previous highs. -- BUY

5. Foster WheelerFWLT: The hangover for FWLT continues from its disappointing earnings. But I find these price levels very attractive, as the demand for global infrastructure build is red-hot and will continue for years. Here is the bottom line on FWLT: Huge secular growth trend on globalization, cheap valuation and best-of-breed management make this infra play a buy. -- BUY

6. CitigroupC: Last week I asked if everybody else got the "same stomach-churning revulsion as I do when you type up the ticker of Citigroup." Almost on cue, the revulsion trade worked again, as Citigroup immediately rallied close to 30%. Instead of panicking out of shares, I suggested that traders take some "Dramamine for our equity nausea and hang on for a choppy ride." I reiterate those words and that recommendation. -- BUY

7. GoogleGOOG: Nothing too much going on with this newly found "value stock" pick. A couple weeks ago, I suggested starting cautious buying at the $450 price level as it went down to the $420 area. By now, you should have a nice in-the-money position with GOOG. I would sell into any strength above $465. -- BUY

8. Yamana GoldAUY: This is a simple-to-understand situation: Spot gold prices up, AUY trades up. Spot gold prices down, AUY trades down. Get it? Gold prices and AUY had a big run to start the year, but spot gold prices got crushed last week. I am not bullish on gold, as I believe the dollar and inflation are reversing course, so I am not a buyer. If you already own shares, I would wait on some strength before selling, as it has taken a big hit over the past week. -- HOLD

9. JPMorganJPM: After the JPM coup of Bear Stearns, is there any doubt that Jamie Dimon and company are the best bankers in America? What does one do to take advantage of that fact? You buy JPM. These guys are good. -- BUY.

10. Lehman BrothersLEH: To call the action in LEH shares last week anything less than raw frenzied panic would be an understatement. The stock traded to a low of $20.25 after ending the previous week at $39.26. It has snapped back to trading in the mid-$40s. So, two recommendations if you bought any shares during the downdraft: First, take a deep breath; second, take profits. -- SELL