John commented on several high-profile brands including BlackBerry (BBRY), which he recommended shorting in 2010. He said BlackBerry missed the mark when it started listening to retailers over customers, a move which cost the company dearly.
When asked about Apple (AAPL), another Action Alerts PLUS holding, John said shares were priced for perfection and even Apple isn't perfect. The brand is still cool, however, and John expects the company to recover. Samsung has been smart because that brand has been hustling its way to the top slowly, he added.
When asked about his top picks for the next few years, John gave the nod to Walgreen (WAG), Urban Outfitters (URBN), Nike (NKE), Yahoo! (YHOO), Visa (V), MasterCard (MA) and Facebook (FB). All of these brands have what it takes to prosper and grow, he noted.
No Huddle Offense
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts