Beat the Street

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

TheStreet.com Power Stock Rankings: March 25

03/25/08 - 09:00 AM EDT

Patrick Schultz

6. CitigroupC: Last week I asked if everybody else got the "same stomach-churning revulsion as I do when you type up the ticker of Citigroup." Almost on cue, the revulsion trade worked again, as Citigroup immediately rallied close to 30%. Instead of panicking out of shares, I suggested that traders take some "Dramamine for our equity nausea and hang on for a choppy ride." I reiterate those words and that recommendation. -- BUY

7. GoogleGOOG: Nothing too much going on with this newly found "value stock" pick. A couple weeks ago, I suggested starting cautious buying at the $450 price level as it went down to the $420 area. By now, you should have a nice in-the-money position with GOOG. I would sell into any strength above $465. -- BUY

8. Yamana GoldAUY: This is a simple-to-understand situation: Spot gold prices up, AUY trades up. Spot gold prices down, AUY trades down. Get it? Gold prices and AUY had a big run to start the year, but spot gold prices got crushed last week. I am not bullish on gold, as I believe the dollar and inflation are reversing course, so I am not a buyer. If you already own shares, I would wait on some strength before selling, as it has taken a big hit over the past week. -- HOLD

9. JPMorganJPM: After the JPM coup of Bear Stearns, is there any doubt that Jamie Dimon and company are the best bankers in America? What does one do to take advantage of that fact? You buy JPM. These guys are good. -- BUY.

10. Lehman BrothersLEH: To call the action in LEH shares last week anything less than raw frenzied panic would be an understatement. The stock traded to a low of $20.25 after ending the previous week at $39.26. It has snapped back to trading in the mid-$40s. So, two recommendations if you bought any shares during the downdraft: First, take a deep breath; second, take profits. -- SELL




1 2
» Next
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.

Investing A-to-Z

Beat the Street

Go To Section Home


03/24/08
Take-Two Activists Give Game a Bad Name

The software maker's activist leadership team has enriched itself while shareholders suffer.


03/23/08
Heed the Warnings of the Three Bears

Respected market forecasters are predicting some bad things for the economy.


03/22/08
Jim Cramer's Best Blogs

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


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