My top 10 stocks for 2011
Appl- This stock has been riding high for the past year, Wedbush just announced a price target of 425 based on increased demand for the ipad as well as the estimate of 10 million iphones being shipped alone this year.
CA- Cloud computing is the future and if you want to implement effectively you will have to go to CA Technologies. They are the accenture of cloud computing consulting, the company boasts a low 17 p/e ratio as well as 6 cent dividend.
JPM- the big winner of the banking bubble, they're still pumping out great products and they're earlier acquisitions are getting cleaned up in bankruptcy court.
PSS- Collective brands is still the front runner in this unknown economy. Mostly known for the payless shoestore brand, Americans still want to spend money but will do so conservatively. boasting a 12.67 current p/e ratio well capitalized and hitting conservative consumers with money this is a very safe retail stock.
DIS- The company is putting their acquisitions to work, Marvel is pushing two huge blockbuster movies this year (Thor and Captain America) which will put them at the forefront for the box office this summer. With earnings of 2.00/share DIS is a conservative bet, if attendance at their theme parks increases this summer watch out. This stock could hit 50...
CIM- Chimera investments, paying out a huge dividend of $0.17 a share each quarter. Chimera is going to push near 80 cents/share in earnings this year. With the mortgage security market improving and core investments for Chimera increasing as well this is a nice little mutual fund/stock to hold onto.
BLK- this investment company is making hedway and could approach 240 by mid summer. It boasts a very under valued 10.55/share earnings, with credit markets improving and good commodity bets BLK is a good bet.
ZAGG- My, "if you want to start investing and don't know what to invest in and only have $1,000 to invest in" stock is ZAGG. It's grown big time since the start of last year from near 2.50 to a high of 10. This company is the best product out to protect your iphones, ipads, black berry, droid, laptop, etc. The company is dishing out products and could hit 30 cents/share in earnings this year.
HWD- This stock has been pretty stagnant especially since retail competitors such as Tif, ZALE, and NILE have returned pretty consistently. HWD could boast 50 cents/share for 2010 earnings and with an improving market in China earnings could grow big time here. This stock could hit 17
QCOM- The last earnings announcement, QCOM killed earnings and this coming year could be huge. Apple is launching the iphone 5 this summer (see #1) and rumor has it that this will be the first time qcom will introduce their chipset in the phones. Either way Qualcomm has high cash flow and no debt, it's what every value investor loves.