12-27-2011, 01:13 PM
Since this year is almost wrapped up (and looks to be pretty flat), already thinking about 2012. Doug Kass listed his "2012 surprises" at TheStreet.com today, and he's predicting that the market will exclipse it's 2000 highs this year, led by the financials:
http://www.thestreet.com/story/11357403/...-2012.html
He's worth paying attention to, because his list from last year nailed the flat finish for the S&P500 dead on, against what most other commentators were saying.
Anyway, I'm hoping he's right. My picks for next year are:
1) Apple. This year it didn't release anything "new" (iPhone was a refresh in the same body, iPad was also a minor upgrade), and the stock is still up 25% YTD. Next year they release a totally new iPhone, a totally new iPad (with retina display), and a new product line, the iTV. I think we see at least $500, but more likely $600.
2) JP Morgan (JPM). I like Kass's call on the financials, and this is the best quality one of the lot. I also have a bullish C call spread, though.
3) Netflix. This is my speculative play. They cost me a lot of money this year, but I think they can come back. Won't put much money into it, though.
4) Oracle. They just had a shocking miss that brought down the whole tech sector. But I'm betting it was a blip and they come back strong.
5) F5 Networks (FFIV). I bought in January in the low $100s, rode it all the way up to $130, then all the way back down to $69. It's back up to $106, now, and I think it should have a strong 2012.
Also, if the economy continues to recover, I like Ford, Cat, and FedEx (go Vllad!). Outside the US, I like Brazil (EWZ). Hell, just to show I'm not the Apple fanboy my rep suggests, let's pick Google as well.
http://www.thestreet.com/story/11357403/...-2012.html
He's worth paying attention to, because his list from last year nailed the flat finish for the S&P500 dead on, against what most other commentators were saying.
Anyway, I'm hoping he's right. My picks for next year are:
1) Apple. This year it didn't release anything "new" (iPhone was a refresh in the same body, iPad was also a minor upgrade), and the stock is still up 25% YTD. Next year they release a totally new iPhone, a totally new iPad (with retina display), and a new product line, the iTV. I think we see at least $500, but more likely $600.
2) JP Morgan (JPM). I like Kass's call on the financials, and this is the best quality one of the lot. I also have a bullish C call spread, though.
3) Netflix. This is my speculative play. They cost me a lot of money this year, but I think they can come back. Won't put much money into it, though.
4) Oracle. They just had a shocking miss that brought down the whole tech sector. But I'm betting it was a blip and they come back strong.
5) F5 Networks (FFIV). I bought in January in the low $100s, rode it all the way up to $130, then all the way back down to $69. It's back up to $106, now, and I think it should have a strong 2012.
Also, if the economy continues to recover, I like Ford, Cat, and FedEx (go Vllad!). Outside the US, I like Brazil (EWZ). Hell, just to show I'm not the Apple fanboy my rep suggests, let's pick Google as well.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market