This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Barrington Updates Best Stock Picks for 2011

Stocks in this article: SIRIIMAXBPICABLOPENAVATRC

BOSTON ( TheStreet) -- Barrington Research has updated its market-beating list of Best Ideas for 2011, which includes stocks such as Sirius XM (SIRI), Imax (IMAX) and others it expects to rise up to 65%.

Investors may not be as familiar with Chicago-based Barrington Research as they are with Morgan Stanley or Credit Suisse, but the firm's Best Ideas List outperformed key benchmarks in 2010, when it was first started.

Barrington's list is updated quarterly and represents analysts' top picks for the coming 12 months. It is currently composed of 15 stocks with an average market value of $1.5 billion and median market cap of $800 million. Since inception on Jan. 1, 2010, Barrington's best stock picks have risen 44.5%, outpacing gains on the S&P 500 (18.9%) and the Russell 2000 (34.9%). That success continued in the first quarter, as the Best Ideas portfolio was up 6.8%, excluding dividends, better than the 5.4% rise on the S&P 500 but below the performance of the Russell 2000 (up 7.6%), on the same basis.

At the top of the portfolio's best performers during the first quarter, Orasure Technologies (OSUR) rallied 37%, Navistar International (NAV) jumped nearly 20% and Copart (CPRT) climbed 16%. On the downside, education stocks Grand Canyon Education (LOPE) and Bridgepoint Education (BPI) dropped 26% and 10%, respectively, after a stellar fourth-quarter run.

The latest overhaul sees two additions to the list and one stock banished from the group. Orasure, which had been the best performer during the first quarter, was pulled after the departure of the analyst covering the stock. Barrington said it still maintains an "outperform" rating on Orasure, but that it is removing the stock from its list as a conservative move during the analyst transition period.

The 15 stocks on Barrington's list are arranged below in order of potential upside, based on the firm's 12-month price target and the stock's closing price as of March 31.






Copart (CPRT)

Company Profile: Copart is a provider of online auctions in the U.S., Canada and the U.K.

Current Share Price: $43.87 (April 11)

Potential Upside from March 31: 3.9% based on a price target of $45

Barrington's Take: Copart again makes Barrington's list, although there isn't as much upside given the 15% rally in shares during the first quarter. Still, Barrington sees value in Copart thanks to brand-awareness initiatives the company has undertaken as well as new business due to a national contract with Allstate (ALL).

"Despite the gross margin headwind related to the Allstate contract and the potential impact of higher gas prices and miles driven and total losses, we believe CPRT's volume growth in the back half of 2011 will be healthy due to Allstate, as well as increased efforts to penetrate the dealer market for late model used cars," Barrington wrote.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1 of 8

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,719.00 +33.27 0.19%
S&P 500 2,052.75 +4.03 0.20%
NASDAQ 4,701.8670 +26.1550 0.56%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs