This Week's Barron's Roundup

Bullish takes on Palm and JP Morgan, and exploring options trades on financial names.
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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.

Top Insider Purchases of the Week

: Insider purchases are a lot more predictive than insider selling.

Barron's

lists stocks where managers or officers have been buying, and we build a portfolio with them. There has been interesting activity in stocks like

Pep Boys

(PBY) - Get Report

,

Dillard's

(DDS) - Get Report

,

Foot Locker

(FL) - Get Report

and

Scientific Games

(SGMS) - Get Report

.

Speaking of Dividends

: This

Barron's

column highlights the latest dividend increases, initiations and cutbacks. This week, the stocks mentioned include

Freddie Mac

and

Bristol Myers Squibb

(BMY) - Get Report

.

Striking Price Options Plays

: This week's "Striking Price" column focuses on some options strategies for financial and consumer stocks. Among the names are

Bear Stearns

(BSC)

and

Merrill Lynch

(MER)

.

Barron's Summaries

: Each week,

Barron's

publishes bullish and bearish stories on a variety of stocks. We present the summaries in this portfolio. This week, there are bullish stories on

Palm

(PALM)

and

JPMorgan Chase

(JPM) - Get Report

.

Research Reports

: The latest analyst research reports highlighted by

Barron's

. This week, there are reports on

Panera Bread

(PNRA)

,

China Direct

(CDS)

and

Discover Financial Services

(DFS) - Get Report

.

Latest Activist Hedge Fund Purchases

: Which companies are the top hedge funds chasing? This week's list includes names like

United Rentals

(URI) - Get Report

and

California Pizza Kitchen

(CPKI)

.

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;

click here

to send him an email.

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