Editor's Note: This was originally published as an alert at 10:06 a.m. EST on Dec. 17 to subscribers of Action Alerts PLUS.Tyco (TYC:NYSE) has been in the midst of a gradual recovery since Ed Breen took over the helm two years ago. The stock is up 30% year to date, but I believe it has more upside potential from here, and I'm going to buy 2,000 shares after you read this. The company always had an attractive operating model for a conglomerate and is a market leader in areas from health care and electronics to home security. It's been a tall task for Breen and his team to try to fix the mess that Dennis Kozlowski left, but they've been successful so far. After a sweeping round of cost-cutting and debt reduction, Tyco once is again focused on organic growth. I believe the company can grow profits 20% in fiscal 2005, and earn north of $2 a share. At $34.80, the stock is attractive. It trades at 17 times earnings, and I believe Tyco can trade into the $40s over the coming months. To make room for Tyco in the portfolio, I'm going to sell my final 2,500 shares of Kimberly-Clark (KMB:NYSE). The stock has recovered about 15% from its October lows. But Procter & Gamble (PG:NYSE) continues to compete fiercely in the consumer paper products business. I'd rather take the small gain we have and roll these funds into a stock that I believe has better upside potential. P.S. One of the keys to successful investing is a smart portfolio strategy. So you might want to consider a FREE TRIAL to TheStreet.com Action Alerts PLUS, where I trade my own $3 million portfolio and advise you on my every move before I act.