This Week's 'Barron's' Roundup

Looking for a gusher with deep-water drillers, plus why Bespoke's founders think this rally has legs.
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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.

Deep Profit Potential

:

Barron's

sees opportunity in deep-water drillers as oil supplies get tighter and prices trend upward. Among the names are

Transocean

(RIG) - Get Report

and

Diamond Offshore Drilling

(DO) - Get Report

.

Rally Fans

:

Barron's

talks with Paul Hickey and Justin Walters, co-founders of Bespoke Investment Group. Walters and Hickey started their firm in 2007 after working for Wall Street veteran Laszlo Birinyi. The duo thinks the current market rally has legs, and they like names such as

MasterCard

(MA) - Get Report

and

Intel

(INTC) - Get Report

.

Penny Bargains?

: This

Barron's

article advocates selling stocks that fall below $5 a share unless you believe strongly in a company. History shows that once a stock falls below $5 a share it's difficult for it to make a comeback. Penny stocks mentioned in this piece include

Sirius XM Radio

(SIRI) - Get Report

,

Digirad

(DRAD) - Get Report

,

Office Depot

(ODP) - Get Report

and

Pier 1 Imports

(PIR) - Get Report

.

'Speaking of Dividends'

: This

Barron's

column highlights the latest dividend increases, initiations and cutbacks. This week there's information on

Raytheon

(RTN) - Get Report

.

Bullish and Bearish

: 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

Amazon.com

(AMZN) - Get Report

and

Visa

(V) - Get Report

, plus bearish pieces on

First Solar

(FSLR) - Get Report

and

Energy Conversion Devices

(ENER)

.

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' shares. There has been interesting activity in

Loral Space & Communications

(LORL) - Get Report

,

Comtech Telecommunications

(CMTL) - Get Report

,

American Apparel

(APP) - Get Report

and

Churchill Downs

(CHDN) - Get Report

.

Latest Activist Purchases

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

Midas

(MDS)

,

R.H. Donnelley

(RHDC)

and

Salary.com

(SLRY)

.

Research Reports

: The latest analyst research highlighted by

Barron's

, including reports this week on

McMoRan Exploration

(MMR)

,

Skyworks Solutions

(SWKS) - Get Report

and

SunPower

(SPWRA)

.

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

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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