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 an interesting interview with Paul Wick, manager of
(SPCIX) - Get Report
Seligman Communications and Information Fund. Wick is bullish on names like
McAfee
( MFE) and
Synopsys
(SNPS) - Get Report
, and bearish on
Electronic Arts
( ERTS) and
Aruba Networks
(ARUN)
.
:
Barron's
offered up some intriguing plays on the rising trend of incarceration in America. One of the names mentioned was
Corrections Corp. of America
(CXW) - Get Report
.
Top Insider Purchases of the Week
: It's our belief that insider purchases are a lot more predictive than insider selling.
Barron's
lists the stocks where insiders are buying, and we build a portfolio of those stocks. There's been interesting activity recently in
Borders
( BGP),
Pier 1
(PIR) - Get Report
,
Fastenal
(FAST) - Get Report
and
CMGI
( CMGI).
: This week's "Striking Price" column focuses on bank stocks. Options trading could be pointing to overly bearish sentiment on banks like
Merrill Lynch
( MER) and
Bank of America
(BAC) - Get Report
.
: 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
Paychex
(PAYX) - Get Report
and
Cardinal Health
(CAH) - Get Report
, and a bearish piece on
Cree
(CREE) - Get Report
.
: The latest analyst research reports highlighted by
Barron's
. This week there are reports on
Ciena
(CIEN) - Get Report
,
Commerce Bancorp
(CBH) - Get Report
and
Northwest Airlines
( NWA).
Latest Activist Hedge Fund Purchases
: Which companies are the top hedge funds chasing? This week's list includes names like
BEA Systems
( BEAS) and
Energy Conversion Devices
( ENER).
Fred Sturm Natural Resource Stock Picks
: This week
Barron's
interviews Fred Sturm, manager of
(IGNAX) - Get Report
Ivy Global Natural Resources. Sturm offered up some interesting plays with
Gold Fields
(GFI) - Get Report
and
Peabody Energy
(BTU) - Get Report
.
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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