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
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
.
:
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
.
: 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 $5 a share it's difficult for it to make a comeback. Penny stocks mentioned in this piece include
Sirius XM Radio
(SIRI) - Get Report
,
Digirad
(DRAD) - Get Report
,
Office Depot
(ODP) - Get Report
and
Pier 1 Imports
(PIR) - Get Report
.
: This
Barron's
column highlights the latest dividend increases, initiations and cutbacks. This week there's information on
Raytheon
(RTN) - Get Report
.
: Each week,
Barron's
publishes bullish and bearish stories on a variety of stocks. We present summaries of those stories in this portfolio. This week, there are bullish stories on
Amazon.com
(AMZN) - Get Report
and
Visa
(V) - Get Report
, plus bearish pieces on
First Solar
(FSLR) - Get Report
and
Energy Conversion Devices
(ENER)
.
Top Insider Purchases of the Week
: Insider purchases are a lot more predictive than insider selling.
Barron's
lists companies where managers are buying stock, and we build a portfolio with those companies' shares. There has been interesting activity in
Loral Space & Communications
(LORL) - Get Report
,
Comtech Telecommunications
(CMTL) - Get Report
,
American Apparel
(APP) - Get Report
and
Churchill Downs
(CHDN) - Get Report
.
: Which companies are the top hedge funds chasing? This week's list includes names like
Midas
(MDS)
,
R.H. Donnelley
(RHDC)
and
Salary.com
(SLRY)
.
: The latest analyst research highlighted by
Barron's
, including reports this week on
McMoRan Exploration
(MMR)
,
Skyworks Solutions
(SWKS) - Get Report
and
SunPower
(SPWRA)
.
At the time of publication, Altucher and/or his fund had no holdings of stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$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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