Single Stock Pick for 2008

[kstar]

Originally Posted by Drew001

At this point - yes, but last Wednesday Piper Jaffray reiterated their buy rating and $250 price target on AAPL.

It's a great buying opportunity right now. I just added a chunk on Friday.

Go long on AAPL.

I totally agree; great sale right now. I'd also be looking at '09 calls just ITM.

Best,

Kurt

[Porsche-O-Phile]

Long on AAPL might be a good play, but I suspect it'll have to be long for a LONG time. I think there are way better returns to make in the same amount of time with other companies, even though it might be "cheap" right now.

I posted this elsewhere, but consider this one:

http://finance.yahoo.com/q?s=YHQBE.X

I'm absolutely kicking myself for missing this play. Dammit. A $600 investment for 200 contracts Thursday would have been worth $64,000 on Friday. Oh well. I'll get the next one. I hope.

[Nathans_Dad]

My personal little stock toy is FXEN. US company that drills for natural gas in Poland. It has bounced around anywhere from $4 to $13 in the last 5 years. I have bought and sold it probably 4-5 times in that period. Currently it is down in the $5s after a ho-hum year of not getting enough drilling done. Previously price has been dictated by drilling successes, shoots up when they hit and then drifts down over the next months. Now they have production coming on line so I am hoping for a more sustained rise in price. Currently holding in the $5s, would sell some if it hits $10 and look to rebuy on weakness.

Otherwise my stuff is in a variety of mutual funds, I just don't have the time to really manage a full stock portfolio...

[lendaddy]

Apple has much downside yet. The iPhone being unlocked is costing Apple huge in kickbacks from AT&T every year.

Apple has apparently sold 3.7 million and AT&T only activated 2 million. That's 1.7 million phones without kickbacks. More importantly that's 45% of the expected revenue from AT&T!!!

Every million phones unlocked costs Apple $400,000,000!!!! yes that's $400 million!!!

So at 1.7 million unlocked they are already back $680 million in expected revenue lost. Hoochie momma

[the]

Originally Posted by lendaddy

Apple has much downside yet.

I agree. I was less than 2 years ago that AAPL was a $50 stock. Has it really done enough to justify its current market cap being almost triple that in less than two years?

I don't follow AAPL all that closely, but its chart looks like its recent high prices were a bit bubbly.

[kstar]

Originally Posted by lendaddy

Apple has much downside yet. The iPhone being unlocked is costing Apple huge in kickbacks from AT&T every year.

Apple has apparently sold 3.7 million and AT&T only activated 2 million. That's 1.7 million phones without kickbacks. More importantly that's 45% of the expected revenue from AT&T!!!

Every million phones unlocked costs Apple $400,000,000!!!! yes that's $400 million!!!

So at 1.7 million unlocked they are already back $680 million in expected revenue lost. Hoochie momma

The big, and often overlooked, story re AAPL is the growth in desktop and laptop sales. It's computer sales are growing about 2 1/2 times faster than the entire market and its selling almost 50% more Macs than it was a year ago.

The "halo" effect appears to be at work, or the "RDF" to you anti-Apple zealots.

Best,

Kurt

[TyFenn]

Originally Posted by the

--breaker, breaker, this here's the Rubberduck, we got ourselves a bonafide double top. We're looking at some lower prices, c'mon.

(blatant rip off of the movie Convoy).

[kstar]

PPOT Port 02/12/2008 Close:

[KFC911]

Originally Posted by the

I don't follow AAPL all that closely, but its chart looks like its recent high prices were a bit bubbly...

No doubt about it that the iPhone hype contributed to the "bubbly", but Kurt is spot on regarding Apple being more than a "one trick iPhone pony" imo and it's been good for me over the past several years. I haven't compared charts, but I'd bet RIMM, GOOG, and quite a few others share similar trends recently. I still hold some AAPL for the long run (purchased these positions the day the iPHone was announced last year), but got lucky with the timing and sold some near the top.

[kstar]

YTD, GOOG, RIMM and AAPL



Also, I'm no T/A expert (tech analysis, not the other one!), but AAPL looks to have decent support here around $120ish, FWIW.

AAPL 12 mos.:




Best,

Kurt

[kstar]

Check FSLR today!

[John_AZ]

Yes!!!!!!! Up $53.90

Thank you-Thank you

John_AZ

[Porsche-O-Phile]

As time goes on, I'm liking POT more and more. . . Hear lots of good things.

[craigster59]

Well, finally my stock pick is bouncing back....

Masimo Posts Better-Than-Expected 4th-Quarter Profit on Higher Shipments; Shares Rise


IRVINE, Calif. (AP) -- Shares of Masimo Corp. rose Wednesday, after the medical technology company said it swung to a fourth-quarter profit on higher shipments.
The quarter's results, along with the company's 2008 guidance, were well above of Wall Street predictions, sending Masimo shares up $1.79, or 5.6 percent, to $33.90 in afternoon trading. They have traded in a 52-week range of $18.70 to $41.99.

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After the payment of preferred dividends, Masimo posted a profit of $12.1 million, or 20 cents per share, compared with a loss of $10.3 million, or 62 cents per share, for the same quarter in 2006.

Revenue rose 12 percent to $69.3 million from $61.6 million in the year-ago period.

Analysts polled by Thomson Financial expected a profit of 12 cents per share on $64.1 million in revenue.

Masimo said it shipped 29,400 Masimo SET and Masimo Rainbow SET oximetry units, excluding handheld units, up 10 percent from the prior-year period.

For the full year, the company earned $23.1 million, or 60 cents per share, compared with $61.8 million, or $3.04 per share, in 2006. Revenue rose to $256.3 million from $224.3 million the year before.

Masimo said it expects to post a 2008 profit of about 52 cents per share and revenue of about $292 million. Analysts, on average, expect a profit of 49 cents per share on $273.3 million in revenue.

The company also said it expects total product revenues to be about $246 million for the year.

[kstar]

Here is the PPOT Port as of today's close!

[gprsh924]

What are everyone's thoughts on the upcoming Visa IPO?

[spyderman]

The one I'm watching is BJS. BJ Services. 3rd largest oil servicing company, just under Haliburton. Was at $21 two weeks ago, now at $26.

[TyFenn]

Wow - Yamana Gold is killing it.


Visa IPO - not so much. In my personal opinion, it is a reflection that the 'best' money is gone and now, with a pending wave of defaults on credit card debt (or the existence of that perception), they 'passing the scraps' to the public in the form of an IPO. That being said, there will probably some good price action there.

[kstar]

PPOT Port 03/10/2008 Close - Three Pelicans in black!:

[MRM]

Wait till summer. It's going to be brutal out there.