Monday Business Update

TheStreet.com Power Stock Rankings

 

During the week of Dec. 10, TheStreet.com readers searched for these 10 stocks more than any others. This week, new entrant Force Protection(FRPT) 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 Satellite(SIRI): 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 Satellite(XMSR). I would use these lower prices to buy; I think the merger will go through, benefiting shareholders. -- BUY

2. Citigroup(C): 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 Motion(RIMM): 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 Mutual(WM): 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. Apple(AAPL): 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

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Dow Jones S&P 500 NASDAQ 10-Year Note
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