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 Transocean Ltd. Report
and
Diamond Offshore Drilling
(DO) - Get Diamond Offshore Drilling, Inc. 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
TheStreet Recommends
(MA) - Get Mastercard Incorporated Class A Report
and
Intel
(INTC) - Get Intel Corporation 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 Sirius XM Holdings, Inc. Report
,
Digirad
(DRAD) - Get Digirad Corporation Report
,
Office Depot
(ODP) - Get ODP Corporation Report
and
Pier 1 Imports
(PIR) - Get n.a. Report
.
: This
Barron's
column highlights the latest dividend increases, initiations and cutbacks. This week there's information on
Raytheon
(RTN) - Get Raytheon Company 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 Amazon.com, Inc. Report
and
Visa
(V) - Get Visa Inc. Class A Report
, plus bearish pieces on
First Solar
(FSLR) - Get First Solar, Inc. 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 Loral Space & Communications Inc. Report
,
Comtech Telecommunications
(CMTL) - Get Comtech Telecommunications Corp. Report
,
American Apparel
(APP) - Get AppLovin Corp. Class A Report
and
Churchill Downs
(CHDN) - Get Churchill Downs Incorporated 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 Skyworks Solutions, Inc. 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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