Stock picks for the july-19 week
Published by Zvook on 2010-07-20 21:40:20
This week, there are a few stocks that will make good returns. Some of those because of the earnings season, so the volatility increases, and others have a big volatility throughout the year, due to speculators.
Here is the list:
C (citigroup) reported earnings better than expected,but due to the marker fear it did not start rallying yet. it will go up to 30% during those two weeks.
APPL ( apple) reported earnings beating the estimates. And will have even better earnings next quarter due to the new iphone sells. The price should go up by 40% by january 2010
Mpg ( maguire properties) have a very regular cycle where it goes up and down by around 40% for a period of 1 month. If you see the charts you will see that at 2.78 it is a good buy. The rally already started for this company, but will make another 20 % before starting to fall again.