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
talks with Sy Jacobs, founder of New York's JAM Asset Management, which runs two funds focused on financial stocks. He has bearish bets on
Hudson City Bancorp
(HCBK)
and
Wells Fargo
(WFC) - Get Report
, and a bullish bet on
MGIC Investment
(MTG) - Get Report
.
:
Barron's
highlights investment ideas presented at the Ira Sohn Investment Research Conference, a forum that brings together hedge fund managers and investment professionals. Wall Street stars like Bill Ackman, Bill Miller, Carl Icahn and David Einhorn were in attendance. Stocks receiving thumbs-ups included
Citigroup
(C) - Get Report
,
Wendy's
(WEN) - Get Report
and
Fording Coal
( FDG).
: Each week,
Barron's
publishes bullish and bearish stories on a variety of stocks. We present summaries of those stories in this portfolio. This week, there are bullish stories on
Mohawk
(MHK) - Get Report
and
Trico Marine
( TRMA), plus a bearish piece on
FMC Technologies
(FTI) - Get Report
.
: Which companies are the top hedge funds chasing? This week's list includes
RedEnvelope
(REDEQ.PK)
,
Youbet.com
( UBET) and
Calpine
(CPN)
.
: The latest analyst research reports highlighted by
Barron's
, including reports this week on
Bankrate
(RATE)
,
Echelon
(ELON)
and
Qualcomm
(QCOM) - Get Report
.
Top Insider Purchases of the Week
: Insider purchases are a lot more predictive than insider selling.
Barron's
lists companies where managers are buying stock, and we build a portfolio with those companies' stocks. There has been interesting activity in
Philip Morris
(PM) - Get Report
,
La Jolla Pharmaceutical
(LJPC) - Get Report
,
GLG Partners
(GLG) - Get Report
and
Novamerican Steel
(TONS)
.
At the time of publication, Altucher and/or his fund had no holdings of stocks mentioned, although positions may change at any time.
James Altucher is president of
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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