This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Best Stocks to Own (Hint: They Are Not the Most Widely Held)

Stocks in this article: GE CSCO PII DLTR FDO

NEW YORK (TheStreet) -- As a professional money manager over the last 18 years, I have sat across the desk from thousands of prospects and clients. I hear a lot of the same stories over and over again. I believe that that there is a very important lesson that I can impart to you investors, who are now reading this article.

I can remember watching one of the greatest comedians off all time, Johnny Carson, as he did one of his signature sketches, "the Great Karnak." Johnny would hold a sealed envelope up to his forehead and seemingly be able to read what was inside.

What does this have to do with the stock market and investments you ask? Well, let me tell you. I run a smaller boutique advisory firm in San Diego that is far away from the noise of Wall Street. Oh, I have been back to floor of the Stock Exchange many times. I am also connected on a daily basis through all of the major financial networks beaming through the televisions in my office. I have also appeared many times on those same networks through my West Coast hookup, but the proximity ends there.

Prospects generally come to me for one of two reasons: They are not happy with their current advisor or they are weary of trying to manage their own money. They have found me through my radio show, my weekly newsletter, the app that I invented, or media appearances. They usually tell me that I talk about stocks that they do not hear about in the mainstream financial media.

This is where the "Great Karnak" story comes in. I can literally hold their big wire house firm brokerage statement up to my forehead and see most of the stocks that are in their portfolio without looking.

I see General Electric (GE).

I see Merck (MRK).

I see Pfizer (PFE).

I see Cisco (PFE).

I see Johnson & Johnson (JNJ).

And on, and on, and on...

1 of 3

Select the service that is right for you!

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 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • 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