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Stocks Under $10: Yamana Gold

Frank Curzio is the portfolio manager of Stocks Under $10, and he shows you how to profit off of fear and forced selling.

Frank Curzio is the portfolio manager of Stocks Under $10, and he shows you how to profit off of fear and forced selling.

Watch his video on whether or not to buy

Yamana Gold

(AUY) - Get Yamana Gold Inc. Report


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Big News of the Week

Two stocks under $10 merged,

Plute Homes





. Pulte will buy Centex for $1.3 billion and create the country' biggest homebuilder.

Life insurance companies under $10 received a boost mid-week. The Treasury Department will make TARP funds available to qualifying life insurers. On the news, shares of

Hartford Financial Services



Lincoln National

(LNC) - Get Lincoln National Corporation (LNC) Report


Bank stocks received mixed reviews last week. Mike Mayo, a


analyst, said that bank loan losses could exceed the Great Depression. He also initiated ratings on financials under $10 like

Bank of America

(BAC) - Get Bank of America Corp Report


TheStreet Recommends


(C) - Get Citigroup Inc. Report

with underperform ratings. Billionaire investor George Soros also weighed in and predicted that the U.S. economy won't recover until 2010.

Dick Bove, Rochdale Securities analyst, made headlines by saying BofA's stock would return to all-time highs. Meanwhile, an Oppenheimer analyst lowered quarterly and full-year estimates for the bank.

General Motors

(GM) - Get General Motors Company (GM) Report

announced a partnership with


and unveiled a two-wheeled electric car. Competitor,


(F) - Get Ford Motor Company Report

completed a tender offer and reduced its debt by $9.9 billion.


(IBM) - Get International Business Machines (IBM) Report

dropped its bid for

Sun Microsystems


which drove down Sun's shares.

Finally, first-quarter earnings season unofficially kicked off with numbers from


(AA) - Get Alcoa Corp. Report

. The aluminum company reported a loss of 59 cents a share and a 36% decline in revenue based on weak demand and the sluggish economy.

Tune in to the Real Story podcast where Frank takes you beyond the headlines to tell you what's really going on in the market.

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Alix joined TV in February 2007. Previously, she held positions in film and theater production, management, and legal administration. Alix has a degree in communications and theater from Northwestern University.