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Wednesday, August 02, 2006

Mad Money Recap

Chevron Corp. (CVX) is in a position to go higher. They announced this quarter's numbers and although they were less then the street expected, the stock bounced back. This is a good sign when a company can withstand bad earnings and continue to progress. Also with the energy sector on fire, CVX is a great place to begin making money "hand over fist." Also, if you want to speculate with the current energy and political conditions in Cuba, ABB is a good company to look at. Some other good stocks to look at in these turbulent times are Fortune Brands (FO) and Masco CP (MAS). These stocks are both cyclical and have strong earnings.
Lightning Round
Bulls: A, COST, IIP, ACAS, GW, MYOG, AUY, MSFT, CHS, NHWK, CAL, JCP
Bears: AMK
Reiterated Buys: CLB, MA, STJ, VMC, NBR, VLO, GM, BUD, FWLT, URS
Sells: EPL, NVT, IMX.TO

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