If you're a professional money manager and you don't make a 100% return in one year starting today, you should look into other forms of employment.
Personally, I'm going to shoot for 100% in one month with a couple of stocks. All of these are set for huge gains when the mutual funds grab them at $5.
Conseco (CNO) -- I've been yelling about this one since 33 cents when I backed up the truck. I came up with a 2009 earnings-per-share forecast of 85 cents weeks before an analyst updated his estimate to include the restructure I forecasted. You too can ride this to $7 -- more than 100%.
Genworth Financial (GNW) -- The company didn't need money from the Troubled Asset Relief Program. That's a sign of strength. It just popped to $5. Next stop: $12. Get ahead of the curve and allocate your holdings where the money is heading next. Don't wait!American Capital (ACAS) -- I am anticipating a restructure of the company's current debt obligations. Note that this can bring back a huge yield if you sit tight. Odds are the restructure will eat out of short-term (one to two years) profit margins, but the stock price will soar. Just around the corner is $8. I don't respect people that recommend things that they themselves don't own. That's why I'm long all the companies mentioned in this article. If you're interested in banks, shoot the middle of the road and start with the ones that are down the most over the last two years and up the most over the last two months. That way you'll pick up bargain banks that hopefully aren't deadbeats. A couple that I own are Fifth Third Bancorp (FITB) and Huntington Bancshares (HBAN).
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