This Week's Barron's Roundup
Editor's note: Welcome to Stockpickr's "Barron's Roundup." Each weekend, James Altucher presents Stockpickr portfolios related to articles in the latest issue of Barron's.
:
Barron's
has made some changes to its index, adding
Wachovia
(WB) - Get Report
and dropping
Exxon Mobil
(XOM) - Get Report
.
: This
Barron's
column highlights the latest dividend increases, initiations and cutbacks. This week, it also lists Bear Stearns' picks of high dividend-paying stocks. Among the names are
Newcastle
(NCT)
and
Gatehouse Media
(GHS)
.
Top Insider Purchases of the Week
: Insider purchases are a lot more predictive than insider selling.
Barron¿s
lists stocks where management is buying, and we build a portfolio with them. There has been interesting activity in
Smithfield Foods
(SFD)
,
Valence Technology
(VLNC)
and
Lions Gate Entertainment
(LGF)
.
: Larry McMillan, a principal with McMillan Analysis Corp., offered up some beaten-down Chinese stocks that could present opportunities. The names included
China BAK Battery
(CBAK)
and
Kongzhong
(KONG)
.
: Each week,
Barron's
has bullish and bearish stories on a variety of stocks. We present summaries of those stories in this portfolio. This week's issue has bullish stories on
AMR
(AMR)
and
EchoStar
(DISH) - Get Report
.
:
Barron's
rounds up interesting analyst research reports. This week there were reports on
Target
(TGT) - Get Report
,
Lennar
(LEN) - Get Report
and
Rockwell Collins
(COL)
.
Latest Activist Hedge Fund Purchases
: Which companies are the top hedge funds chasing? This week's list includes names like
BEA Systems
(BEAS)
and
Furniture Brands
(FBN)
.
John Hathaway Gold Stock Picks
: This week
Barron's
interviews John Hathaway, manager of
(TGLDX) - Get Report
Tocqueville Gold Fund. He likes
Newmont Mining
(NEM) - Get Report
and
Ivanhoe Mines
(IVAN)
.
At the time of publication, Altucher and/or his fund had no holdings in stocks mentioned, although positions may change at any time.
James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for
The Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$h
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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