Also in this playlist...
This transcript is automatically generated
The significant bounce today the market is seeing this move back over the last two days after suffering its worst weekly performance all year.
And then we have today I mean this rally unbelievable however it doesn't mean you've missed out on some good -- advised.
We're bringing back Jeffrey he's editor investor place dot com he's been trolling picking through all the balance sheets he's got three names right now that he absolutely loves but first.
Is there an overall -- before we get to these names.
Yeah I think that what I'm kind of look at par right now it's companies that are not against a 52 week -- I think anybody can kind of -- -- the momentum darlings that are out there right now but a lot of investors are a little worried about how -- it is intact or financials.
You know I consider buying a stock if for some reason is kind of sat out the -- -- seems like it's turning around there are risking some of these -- obviously for.
Obvious reasons it will get to.
But I think that you might be better -- trying to buy one of these companies on a pullback considering that haven't already run up 5060% -- today right so would be the Starbucks from seven months ago if you will before it started hitting multiple 52 week -- let's get to your first pick it is -- -- this one down 14% just over month.
Yeah -- not personally our own good year now my portfolio a despite a last -- I think it's a great turnaround stories one of these American companies where it's really not a sexy name but.
You know Goodyear has a lot of things going on for its restructure -- the last couple years is try to get its debt down.
It's tri tech how to deal with the union contracts has divested its farm tire operations in Europe and South America.
So the company's kind of evolving and it's actually profitable again and if you look at the earnings.
It's toward fiscal when he twelve earnings are set to double compared to last year but for some reason the company continues to sit it out it's got a -- of seven right now.
So if you look at the a broader auto industry I think there are up -- going on right now he's up 10%.
Growth in domestic auto sales in 2011 looks like currency another good year got so.
You know pardon upon I think Goodyear's got out of the year if he's an opportunity for someone who's not looking to buy stock at a 52 week high like you -- Starbucks but I think there are reasons to think the stock is turning around right now.
OK so -- we we were waiting for that -- Now you're ignoring Gordon Gekko is the suggestion that guys like may have gotten our -- is in -- -- over airlines you like southwest a low cost airline.
This one an eight dollar stock right now but it's off the 52 week high of about 1244.
Where's this going.
Yet what to declare -- -- -- really by an old airlines right now I mean everybody should know the risks if they don't you know you got.
Whatever you wanna call -- for brains because it's a highly regulated industry fuel prices really -- on these companies and every couple years a big major player goes bankrupt so that should tell you right now it's not a wild invested -- a swing trade.
I like southwest because -- a look at some the other airline stocks they've had a lot of pop.
Southwest hasn't yet its earnings word -- set to you rise from I believe 23 cents a share to 67 cents a share in fiscal 2012 -- a huge increase.
Now southwest reports earnings this week it's not going to be as good as they previously had said they -- -- a quarterly loss so I expect the stock is probably gonna get beaten down.
You might wanna see that as an opportunity like you said that eight now to get started in -- seven dollar range -- look at the 52 week high.
I mean that's a lot of upside from here even that doesn't get that -- it only gets back that 910 dollars a share you know significant swing trade again not a -- investment but I think he can get back up and Armitage.
So -- southwest and now you're number three -- pick.
This is Corning and I'm like looking at the ticker and explaining to people GLW Corning stands for GLW glass works.
Because of course they've had big glass company business and now they've Gorilla Glass which is going on all of -- Tablet covers on the Smart -- covers what's behind your feel that this is the company in there I am kicking it.
Well not really -- everything kicking the glass away at CES.
That's the that's a great thing that it's got gone for yet CS in 2012 Scott Gorilla Glass 2.0 coming on the cover of Smartphones and tablets -- it's very durable.
-- scratch conduct a glass it's on the on the face of all your fancy gadgets but.
A lot of people -- still think Corning is Condit is outdated old business it's really not it's got LCD.
Panel business is 40% of its revenue 25% of its revenue comes from fiber optics so this really is almost a tech company.
And while there is trouble and and the LCD market that's actually one of the reasons -- -- -- guy got it down for its upcoming earnings report.
I do believe that just organically this sector is really growing well at least that kind of what Corning does with -- glass in technology and even if it does kind of stumbled sideways for a little while Scott Lowe PE of a little less than -- right now it's got a 2.2 percent dividend so.
He -- -- catching a falling knife in somebody's stocks but you at least added incentive to stick around I like Corning for the long term.
Great to have you -- BF effort great ideas Jefferies investor place dot com editor will put those names all of them.
Up on the FaceBook dot com slash after the -- page CNN.
Filter by section