Dykstra: The Real Measure of Success

Nordic American just added another tanker and now has eight Suezmax double-hull oil tankers. The eighth ship will begin operations in November. As with all their ships -- which cost $70 million to $80 million to build -- this will be accretive to earnings. The company has ships contracted to BP Prudhoe Bay Royalty Trust (BPT): one long-term contract and seven under volatile daily rates.

Triple

I first recommended GFI Group (GFIG) on Sept. 20 and said at the time, "I plan to buy this stock on a pullback."

Well, there haven't been many pullbacks since then and the stock jumped 10% Monday after it was upgraded by J.P. Morgan.

GFI is an interdealer brokerage, market data, and analytical software provider for global cash and derivative markets. GFI offers hybrid electronic and voice-assisted trade execution with pre- and post-trade products.

There are some very smart people running this company and I would (again) look to buy this stock on a pullback to support at its 50-day moving average at just above $36.

Pinch Hitter

With the market being so rough of late, I'm not going to "force" anything. But one name I'm definitely keeping an eye on is Constellation Brands (STZ), which is way oversold at $23 and change.

Constellation Brands engages in producing and marketing beverage alcohol brands in a portfolio of wine, imported beer, and spirits categories worldwide.

Check out these numbers: trading at 12 times forward earnings, with over $550 million in free cash flow, and over $4.2 billion in revenue.

I can guarantee you one thing, this "pinch hitter" would be in a lot of teams' starting lineup.

Recap & Review

Consistent with the overall market, there was some volatility in last week's picks, most notably PetSmart (PETM) and Koor Industries (KOR).