4 Magic 8 Ball Stock Picks for 2013
We are now trading in 2013. Thanks to the uncertaintly of the U.S. Government we ask our collective reasoning device for help. Cue the Magic 8-Ball for help. With a few shakes we were able to determine it is right to buy shares of GameStop Corp (GME), NutriSystem Inc. (NTRI), Chipotle Mexican Grill, Inc. (CMG), and Financial Select Sector SPDR ETF (XLF).
SHORT SQUEEZE IS ON
If the markets except the 'Fiscal Cliff solution' it could be advantageous for heavily shorted popular stocks. That means GameStop (GME) with a 36% and NutriSystem with a 15% short interest respectively. Nutrisystem is a classic way to start the year with everyone rushing to use their products to lose weight. NutriSystem Inc 's (NTRI) is trading near the bottom of its 12 month range at $8.17 per share.
GameStop (GME) closed at $25.09 on Dec 31st. GME pays a 4% annual dividend yield despite its huge short interest. The long term outlook for video game sales remains to be seen if it can survive in the company's brick and mortar business model. However GameStop has been getting props for now selling mobile devices and tablets.
NutriSystem is planning to pay out a 8% annual divdend yield in 2013. The company needs to have impressive Q4 numbers to break out of its depressed stock price. NTRI appears to be a value play at this point, but can it convince Wall Street its worthy of a higher share price?
Chipotle Mexican Grill, Inc. (CMG) is a stock we've talked up enough on this website. It made the cut in Fast Food Stocks for 2013 and our premise remains unchanged. Chipotle Mexican Grill (CMG) is trading at $297.46 and is comfortably above its 12 month low.
GET LONG U.S. FINANCIALS
Rather than go with Bank of America (BAC) or Goldman Sachs (GS) buy them all with one shot using the Financial Select Sector SPDR ETF (XLF). The coming year could finally see the comeback of the best financial players. If housing continues to improve and the bad loans finally die out then lending will increase and boost everything. The XLF sports a 1.7% annual dividend yield and we love its top ten holdings (see below):
|1||Wells Fargo & Co||WFC||8.41%|
|2||JP Morgan Chase & Co||JPM||8.40%|
|4||BANK OF AMERICA CORP||BAC||6.29%|
|7||Goldman Sachs Group Inc||GS||2.83%|
|8||American Express Co||AXP||2.81%|
|9||American Intl Group Inc||AIG||2.62%|
|10||SIMON PROPERTY GROUP||SPG||2.46%|
Best of the Blogs
Scanning and identifying the best blog entries every hour
- What's The Difference Between Fascism, Communism And Crony-Capitalism? Nothing | ZeroHedge
- Potential for "Very High" Natural Gas Spikes This Year, Says Energy Analyst | Financial Sense
- So, It Seems Like That Andreesen Dude Might Actually Know What He's Talking About, But I'll Still Spill His Secrets | ZeroHedge
- WTF Moment Of The Week: No One Bought Japanese Bonds For 36 Hours This Week | ZeroHedge
- Dow Soars 350 Points In 27 Hours | ZeroHedge
- Goldman Reports Worst Q1 Results Since Lehman, Average Employee Pay Drops 7% To $376,840 | ZeroHedge
- And The Highest Returning "Asset" Class In CNBC's 25 Years Is... | ZeroHedge
The most relevant financial news and articles from the Internets
- 4 Reasons Amazon Should Acquire Sears | Business Insider
- Market Wrap:... | StreetInsider.com
- This Company Uses A $280,000 Robot To Bring Its Employees Beer From The Fridge | Business Insider
- The 5 Classic Cocktails That Everyone Should Know How To Make | Business Insider
- Make Money on Apple Analysts' Indecision | TheStreet.com
- This Amazing Photo Captures A Woman's Homecoming... | Business Insider
- The Best Business Schools of 2011 | BusinessWeek