Dang. EKS, a cat just walked across my keyboard hitting the shutdown button before I could send a detailed message to you about the stocks you requested. Arrgh. I hate when that happens.
Here's a condensed version:
No, I've no cheap prospects in the health care sector. I own a bunch, nothing cheap that I'd buy or recommend. Maybe, maybe penny stock ALRG.ob or PCYC if it drops .75 to where some insiders recently bought ($4.75/sh). That is reaching though.
I'm shuffling among big pharma with adds or buys of SNY and GSK; sells of higher p/e ABT.
Plays to protect portfolio if the dollar continues falling:
Foreign stocks. Maybe especially ones dealing with hard assets. Some ideas:
RIO. (I have a few shares.)Iron ore to Chinese steel industry. Chinese infrastructure build-up continues. Renminbi might rise if dollar falls.
NTO. A Madharry pick. Gold and copper producer in Argentina. (I'm in for a few shares.)
HULCF.pk. A Dale Baker pick. (This stock doesn't seem to get much affirmation on his thread.) An asset manager of Canadian junior oil/gas companies which sells apparently quite a bit below net asset value. (I'm a recent buyer of a few shares.)
Maybe some of these multinationals that derive a lot of their sales overseas. BAC or C??
You and I could mention a bunch of oil sands plays, integrated oilers which you mentioned, small USA oil/gas companies, oil suppliers.
Here are several stock though that are not mentioned much on SI:
HUWHY.pk for its many port facilities. Company has problems (3G wireless), and stock has done not so well past year. Can be played through Hong Kong real estate company CHEUY. Both controlled by billionaire Li Ka-Shing. Another China real estate play: CDEVY. (I hold shares in these three.) Perhaps French TKP. (Technip provides engineering, technologies, and construction services to the oil, gas, and petrochemical industries worldwide.) Relatively undervalued (compared to peers), according to 11/27/06 article by M. Curtin (European Trader columnist) in Barron's. (I hold a few TKP shares.) |
