Stockpickr: Trade Like Goldman Sachs

Abby Joseph Cohen was recently profiled for the Barron's Roundtable, where she spoke about her views on the market and some of her top picks. She is more market timer than stock picker, but she chooses stocks from Goldman's buy list that correspond with her macro views on the market. She's currently bullish on the market and the U.S. consumer.

For instance, she's bullish on Royal Caribbean(RCL Quote).

Regarding Royal Caribbean, she states: "This is not a budget cruise line. In this higher-income demographic, compensation and household incomes are rising. ... In '07 there could be a substantial increase in the company's revenue, on the order of 13% or 14%. Earnings, which were flattish in '06, could go up about 8%. At 13 times earnings, the stock sells at a discount to its competitors."

She's also bullish on MedImmune(MEDI Quote), a specialty pharmaceuticals company.

About this company she says: "It has been a significant player in the HPV [human papilloma virus] vaccine, which represents one of the truly dramatic changes in public health care. The vaccine has been seen to affect the virus, and therefore eliminate a form of cancer, which is quite extraordinary. The P/E is high, but earnings are about to grow dramatically. Long-term earnings growth is about 18%."

Medimmune is a stock that also appears on Top Stem Cell Stocks, a list created by Stockpickr user and noted blogger Stockerblog.

Finally, in Goldman Sachs Picks & Pans, eBay(EBAY Quote) is listed among the favorites.

eBay has never really recovered since its acquisition of digital phone company Skype in late 2005:

eBay (EBAY)

The integration never went well and the stock has floundered. But at this point it's floundered too much; people are throwing out the baby with the bathwater. Noted value investor Prince Al-Waleed, who made his fortune on a similarly struggling AOL and Citigroup(C Quote) in the '90s, has been buying up shares of eBay as well.