During the week of April 21, TheStreet.com readers searched for 10 stocks more than any others. Research associate Patrick Schultz makes the Buy, Sell or Hold call on them below, in the order of their popularity.
: Mr. Google is back and angry in our lack of faith!
wowed the street (me included) and blasted higher. As discussed here many times, GOOG's valuation drifted into "value pick" territory over the past few months. And given its dominate franchise and enviable earnings power, I suggested starting some cautious buying at the $450 price level as it went down to the $420 area. Boy, did that "value" strategy pay off. What now? If you are long, I would hang on for the ride. If you are looking to build a position, use any market-related weakness to get in. --
: All eyes will be laser-focused onto Apple's quarterly report this week. It is very hard to recommend buying a stock just before their earnings after it's had a nearly 40% run in two months (yes, even AAPL). Can AAPL trade higher? Of course it can, it's Apple. However, I would just prefer to wait to see the numbers and buy on any weakness. --
Top Ten Most Searched Stocks on TheStreet.com
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3. General Electric
: After the surprising miss by GE, I am going to try and be more optimistic and constructive this week on one of our great American companies. The analysis of this recent earnings report was too myopic on their domestic businesses, and this is just wrong. Yes, the issues with its domestic financial arms are troubling, but isn't that the case with all the financials? GE's future and upside rests in the arms of international markets, and those results came in very positive. So, let's look and think west and east, young investor. --
4. First Solar
: Great. Amazing. Outstanding. There I said it. That is how I feel about First Solar, the company. How about First Solar, the stock? I think you will be able to get it at lower prices. Last week, I said wait until $240, but I would now be a tad bit more aggressive and wait for a pullback below $270. First Solar has many positives going for it, but that is no reason to blindly pay any price at any time. Wait for a pullback. --
: Visa is still riding the wave of post-IPO euphoria. Use it to lock-in your profits. As I have said many times, if you want exposure to the transaction business, buy
. It is the cheaper play. --
: Yes, the Citigroup earnings report was ugly. Yes, the quarter was wrought with billions and billions of dollars in losses. So, why did Citi trade up? Simply put, the results, including $12 billion in writedowns, were not as bad as most had been bracing for (I heard numbers well above $12 billion). In the wacky trading world we live in that "smaller loss" report is a formula for a stock spike. This is a classic example of what happens when sentiment gets too negative on a stock. --
7. Yamana Gold
: Where is all the talk of gold that flooded the airwaves just a few weeks ago? I am not a gold bug, but I fully understand the need for a precious metal stock in everybody's portfolio. AUY is a great gold stock to buy and tuck away. Anything under $15 should be bought. --
: I have been riding this fertilizer play for so long now that I am beginning to feel a bit spoiled. I have actually caught myself saying, Potash is only up $2 today? It must be a slow day in the markets. How to get in? Wait for a panic sell day that will inevitably come (10%-15% selloff) and then jump aboard. The global agriculture story is still in its infancy. And remember the thesis, as people from third world countries get wealthier, they will demand higher quality food (chicken, beef, pork, etc) instead of just eating rice and beans. --
9. Altria Group
: Altria is now a different company with the spinoff of
Philip Morris International
complete. MO is a very conservative dividend play yielding 5.2%. Phillip Morris International offers more growth. Which should you buy? If you are looking for income, buy MO with its steady dividend payment. If you are looking for growth, buy PMI for its growth overseas. I like them both. --
: The dream is over. The dream is over. The dream is over. Chant it thrice and then use any and all strength to sell this stock. --
Patrick Schultz is a research associate at TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He has previously obtained Securities licenses under the NASD?s Series 7, Series 24, Series 52, and Series 63 exams and has worked in the financial markets on various trading desks in addition to trading for his own account. Schultz appreciates your feedback;
to send him an email.