Best:
1. BFO - Best Foods would be my #1 today, think it will be taken over. Only question is by whom and at what price. If not taken over, will have to recapitalize and do huge buy back or special dividend. the stock is in play, my experience of stocks in play is that they get taken out, usually at a price higher than anyone expects initially.
2. JCP - JC Penney - selling assets, spinning off Eckerd Drug store chain, unlocking value, 6-7% yield. new prez. win win.
3. Airlines - energy prices will moderate, airlines are booming. Like NWAC for value, like LUV cause i think its the best airline in the US.
4. SBC or BEL as great value plays in the telco sector.
5. My #1 favorite stock, GLW, Corning Inc. not really an undervalued stock, but certainly a quality one. Huge fiber optic position, major move into photonics. focused business, an old economy company in new economy business.
6. OXHP - Oxford Health HMO. good earnings signal the turn around of this HMO. The sector is strong. OXHP has potential to move from 19 area to 25-30 in the next few months. jmho.
end. larry |
