Monday Business Update

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

TheStreet.com Power Stock Rankings

12/17/07 - 03:02 PM EST

Patrick Schultz

During the week of Dec. 10, TheStreet.com readers searched for these 10 stocks more than any others. This week, new entrant Force ProtectionFRPT joins the list as investors seek answers to their questions about the company's recent price swoon.

Research associate Patrick Schultz makes the buy, sell or hold call on them below, in the order of their popularity.

1. Sirius SatelliteSIRI: Last week, a couple of media-starved congressmen issued statements saying that the Department of Justice should "not rush" through the review process for Sirius' proposed merger with XM SatelliteXMSR. I would use these lower prices to buy; I think the merger will go through, benefiting shareholders. -- BUY

2. CitigroupC: As expected, Vikram Pandit was named CEO last week. What I didn't expect was the new CEO's poor, almost laughable performance on the subsequent conference call and CNBC interview. I have dubbed him the Whitney Houston CEO detailed here . I am changing my take on Citigroup until the company acknowledges the real issues facing them right now. Pandit's lame strategy and action items make me think of Citigroup as a bunch of sailors lost at sea. -- SELL

3. Research In MotionRIMM: A lot of readers sent nervous emails on this name. Last week, I said any pullback below $100 was attractive to me, and we got that entry point. (Did you pull the trigger?). The stock went on to rally nicely to a high of $109.21. I want to be more cautious in the near term, as bearish rumors of RIMM being hurt by weakness from financials and the ensuing layoffs (no surprise there) will temper the upside. -- HOLD

4. Washington MutualWM: I have said to be scared, very scared of this stock for weeks now. That fear has proved prescient: WaMu shares continually hit new lows, and the company slashed its dividend to 15 cents from from 56 cents. Stay away. -- SELL

5. AppleAAPL: When you think of holiday shopping, I want you to think Apple. They are doing so many things right. Let's not overthink this, okay? -- BUY

Previous «
1 2
Patrick Schultz is a research associate at TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He has previously obtained Securities licenses under the NASD's Series 7, Series 24, Series 52, and Series 63 exams and has worked in the financial markets on various trading desks in addition to trading for his own account. Schultz appreciates your feedback; click here to send him an email.

Headlines & Perspectives

Monday Business Update

Go To Section Home


12/17/07
Top Five Reasons Obama Fails to Inspire

The media have given Barack Obama little scrutiny. Here are five points they've missed.


12/17/07
Ron Paul's Tea Party Pulls in the Green

Supporters of the presidential candidate organize best-ever one-day fundraiser.


12/17/07
Do a Background Check on Your Credit Card Company

Here's how to discover how well a card issuer treats its customers.


05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas