TSC Power Stock Rankings: Joy Global
06/03/08 - 07:26 AM EDT
Patrick Schultz
During the week of May 26, TheStreet.com readers searched for the following 10 stocks more than any others. This week, new entrants Joy Global(JOYG Quote - Cramer on JOYG - Stock Picks) and Trinity(TRN Quote - Cramer on TRN - Stock Picks) join the list as investors seek answers to their questions about the company's recent price action. Each week, research associate Patrick Schultz makes the Buy, Sell or Hold call on them below, in the order of their popularity.
Top 10 Most-Searched Stocks on TheStreet.com |
2. Broadwind Energy(BWEN Quote - Cramer on BWEN - Stock Picks): Broadwind Energy is a pure play on wind power and has had a big run recently. Last week, we went through a list of important caveats if you want to trade this speculative bulletin board stock. Be wary that BWEN will have huge and wild swings. This stock is not for the faint of heart, okay?
With all that said, the up move in BWEN shares is not surprising given the troubling and worrisome levels that energy prices have reached. Simply put, we need more energy and we'll take it in any form possible -- oil, natural gas, solar, wind, nuclear, or even dirty coal. Wind is a preferable and favored choice as it's a clean renewable form, but it will not be a panacea to our energy shortage. I would like shares of BWEN if they pulled back to the $20 area. -- HOLD
3. Trinity Industries(TRN Quote - Cramer on TRN - Stock Picks): The stealth wind play of the market. To most investors, Trinity is a manufacturer of railcars for the railroad industry. But, it has a rapidly growing wind energy segment that is going to be a great upside catalyst over the next few years. With the recent pop in shares, I think investors are already beginning to view TRN as a play on wind power and not just railcars. I urge investors to continue to view TRN as a wind play. -- BUY
4. Visa(V Quote - Cramer on V - Stock Picks): We got a nice little trade in Visa over the past couple of weeks. V traded down into the mid-70's and has run over ten points. In the near-term, I would be looking to take profits at these levels and rebuild on any weakness. The transactions business is a global growth story with Mastercard and Visa leading the way. Yes, I do like Mastercard better for many reasons detailed in previous columns, but I have come around to the Visa story. I am looking for some weakness after this big run to jump back in. ---- HOLD
5. Freeport McMoran(FCX Quote - Cramer on FCX - Stock Picks): Here is a little quiz from previous columns: if I say copper, what do you say? Yes, very good, you say FCX. Let's try that again. I say copper, you say FCX. Copper goes into everything this global boom wants, needs, and demands. So, I say copper you.... -- BUY
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