TheStreet.com Power Stock Rankings

During the week of Dec. 3, TheStreet.com readers searched for 10 stocks more than any others. This week, new entrants RaytheonRTN, TransoceanRIG and ConocoPhillipsCOP join the list as investors sought answers for their recent price action.

Each week, research associate Patrick Schultz makes the buy, sell or hold call on the 10 most sought stocks, in the order of their popularity. If you would like Patrick to provide more detailed analysis of these stocks, send him an email.

1. Research In MotionRIMM: We were patient. We were disciplined. We waited for a break below $100 on RIMM before buying. (See last week's rankings.) RIMM hit a low of $98.83 last week and rallied over 5% to the $104 level. Any pullback to the $100 level looks attractive to me. -- BUY

2. AppleAAPL: The stock of Jobs & Co. has put on a tremendous run, as shares have catapulted close to 30% in less than a month. I should be prudent and say be careful, take some profits, etc. But, I am not going to do that. I want to buy AAPL as this company continues to impress and I think the iPhone sales will be gangbusters and the Mac sales will juice the upside. -- BUY

3. Freeport McMoRanFCX: Consolidation talk is rampant in the minerals and mining sector. Last week, rumors circulated that European firm Xstrata was being targeted by Anglo American and Brazilian giant Vale. FCX shares benefited as they were taken up in sympathy with the whole sector. The stock has rallied from a low of $85.71 in late November as traders pushed the whole mineral sector up on takeover speculation. Now, I find poor near-term risk/reward at these price levels as the stocks reflect a "takeover premium." I would wait until the consolidation speculation settles down before adding any new money. -- HOLD

4. CitigroupC: Citi is expected to name a new CEO this week with Vikram Pandit being the leading candidate. The appointment of a new CEO should generate some much needed positive momentum for this troubled franchise. -- BUY

5. EMCEMC: Shares showed a nice bounce back over the past couple of weeks, but are still way below their 52-week high of $25.47. I would be an aggressive buyer of this tech stock at these levels as I can see a run to the mid-$20s on any market strength. -- BUY