Investing

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

TheStreet.com Power Stock Rankings: April 8

04/08/08 - 08:22 AM EDT

Patrick Schultz

During the week of March 31, TheStreet.com readers searched for 10 stocks more than any others. New entrant Schering-Plough(SGP - Cramer's Take - Stockpickr) joins the list this week as investors look for answers to its precipitous decline.

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

Top Ten Most Searched Stocks on TheStreet.com

1. Schering-Plough: Last week, a panel of cardiologists expressed their opinion that the widely used Vytorin drug for lowering cholesterol was not as effective as other drugs and should only be used as a last resort. The news led to a selling frenzy in shares of SGP. However, it is clear that the panic is creating a great buying opportunity. Vytorin is not the only source of revenue for SGP, and the trading is only focusing on this singular news. SGP has one of the strongest pipelines in the industry and I would be a big buyer as they are almost giving away this stock. -- BUY

2. Apple(AAPL - Cramer's Take - Stockpickr): I still have that anecdote from last week showing the insatiable demand for the iPhone outside of the U.S. (visiting friends buying more than one iPhone to bring home) burned in my head. And I realize that Apple actually becomes a great weak dollar play (and boy is our dollar weak). When translated into local currencies, the iPhone is much cheaper than Apple's competitors' inferior product lines. If the iPhone is cheaper than a second-rate product, the consumer decision is a no-brainer. The decision to buy AAPL is a no-brainer also. -- BUY

3. Yamana Gold(AUY - Cramer's Take - Stockpickr): Last week, I said AUY below $15 looks attractive. Well, it is trading under $15 and is looking fine. Recall, AUY is a play on gold prices, and will trade in sympathy with the spot gold price of gold. -- BUY

4. Research In Motion(RIMM - Cramer's Take - Stockpickr): Let's take a moment and glory in the presence of a truly great growth stock. If at anytime you have ever bet against RIMM, you have been dead wrong. The stock is a poster child for what all growth stocks want to be. They added 2.2 million subscribers, doubled sales in the fourth quarter and raised forward guidance. If you think I am getting off this train, you are crazy. -- BUY

5. Visa(V - Cramer's Take - Stockpickr): Lots of hate mail from my "Sell Visa" call from last week. Let me reiterate that V is already more expensive than MasterCard(MA - Cramer's Take - Stockpickr) on a valuation basis. Visa has a market cap over $50 billion and trading at a PE over 50 times actual 2007 EPS. Let's compare this to Mastercard, which has a market cap of roughly $28 billion and equivalent PE of 39 times. Any way you cut these numbers, Visa is more expensive than MasterCard. End of story. -- SELL

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.

Previous Story

Cheap Oil-Services Stocks

TheStreet Picks

Investing

Go To Section Home


04/07/08
Cheap Oil-Services Stocks

Despite the recent oil-price pullback, these stocks look set to be winners this year.


04/07/08
The Activist Investor: Microsoft/Yahoo! Deal Would Be Perfect

Activist investor Eric Jackson says a merger would enhance value for both giant tech companies.


04/04/08
Kass: Recession Will Run Deep

General expectations of a second-half recovery are being dispelled by the facts.


08/05/08
Three Internet Stocks That Could Double

These forgotten Internet stocks are being accumulated by hedge funds.


08/15/08
The Five Dumbest Things on Wall Street

Raspberries for Apple; You'll be sorry, UBS; Fortress or Fort Knox? Wholly unappetizing Foods; give Liberty AOL or give them...


08/15/08
McCain Fund-Raising Picks Up

The GOP presidential candidate raised $27 million in July.


08/15/08
Cash-Back Cards Aren't Money in the Bank

Some credit and debit cards give you some cash back on purchases. But you need to manage it well to benefit from it.


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. See All

  • Cramer's Daily Booyah!
  • Before the Bell

Premium Stock Ideas