And unlike his aggressive wrestling persona, Layfield describes himself as "timid when it comes to buying stocks."
Bradshaw's pick of the week on the WWE Web site is Wal-Mart(WMT Quote). Bradshaw says Wal-Mart has been successful fighting the unions and will continue to be. It has also shown a strong ability to expand. "They just do a better job than everybody else. They are a cash cow that will continue to keep growing." Bradshaw also likes oil shipper Tsakos Energy Navigation(TNP Quote). "They have 25 double-hulled oil tankers and will add 13 more," said Layfield. "Shipping capacity is dropping, so this company is well-positioned to take advantage of that, plus they have a big dividend to tide you over." Layfield, a native Texan, also shook off today's selloff in Dell, advising listeners to buy shares on the dip. "You don't bet against Michael Jordan in basketball and Tiger Woods in golf. And you don't bet against Michael Dell when it comes to computers." Layfield likes Bank of America(BAC Quote) now that it is coast-to-coast and sporting a nice dividend. "It's been dead money for a while, but it's good now." Task and Layfield like almost all the drilling companies with energy now at a premium; that includes Superior Energy (SPN Quote). In response to a caller, Task said he would buy Motorola(MOT Quote) on weakness as a long-term holding. Layfield also likes the cash-rich tech sector, especially companies such as Microsoft(MSFT Quote) which have no debt.- Loading Comments...
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