Bullish calls:
Toyota Motor (NYSE:
TM -
News): 'This was going to be my stock of the year... It's taking big share from GM and F. I think the stock, ultimately, could go to $200 ... Let's wait until it goes down below $130, and then we pull the trigger.'Spectra Energy (NYSE:
SE -
News): ' If you got this through the Duke spinoff, I would tell you to keep buying it. I think it's going to be one of the best natural gas distribution stocks out there and those yield a lot and have very, very steady dividend increases (sound of truck doing a 'mon-back).'Kinder Morgan Energy (NYSE:
KMP -
News): 'Richard Kinder is the smartest man in the oil business.'Cisco (NASDAQ:
CSCO -
News): ' We are just so solemnly behind CSCO, that we are not going to even think about being in another stock.'Saks (NYSE:
SKS -
News)Time Warner (NYSE:
TWX -
News)Hewlett-Packard (NYSE:
HPQ -
News): 'I want you to buy HPQ.'
Bearish calls:
Yamana Gold (AMEX:
AUY -
News): ' I happen to think that AUY is the best gold stock but, if I'm right about commodities, gold is about to have a leg down ... only at $10, do you pull the trigger.'Ultra Petroleum (AMEX:
UPL -
News): 'That house of pain is absolutely going to continue for some time ... I suggest that you take a long-term view, but understand that there could be 15% more downside in UPL.'Deere (NYSE:
DE -
News): 'Coming down a little. The stock was an unbelievable performer last year ... Let's ring the register. Those who want to be in DE... I may suggest that $85 is where I'd feel comfortable recommending it.'EarthLink (NASDAQ:
ELNK -
News): ' ... you have to understand, it's really speculative, and that terrific CEO just died of cancer. So the stock has kind of lost its way.'Cleveland Cliffs (NYSE:
CLF -
News): ' ... the problem here, is that all the mineral stocks are in free fall in America, but CLF has 8% growth. Its stock is just too cheap. If you can wait until the cycle turns - it may be 18 months - you can hold onto CLF. But, if you bought it much lower, ring the register, because it's going to have some downside.'Amylin Pharmaceuticals (NASDAQ:
AMLN -
News): 'We rang the register at $47 and we said stay away, and I mean stay away. Sell, sell, sell!'AngioDynamics (NASDAQ:
ANGO -
News): ' ... the news that came out this week ... - is a fantastic opportunity to take profits. I want to distance myself from that speculative stock right now.'Sonus Networks (NASDAQ:
SONS -
News): 'That's had a good run. Let's take it off the table.'Shanda Interactive (NASDAQ:
SNDA -
News): 'Don't get me in that cauldron ... I say take the profit. Make the money. I've had enough of it. Sell, sell, sell.'Sun Microsystems (NASDAQ:
SUNW -
News): ' No, no, no. Sell that. I want you to buy HPQ.'Harrah's Entertainment (NYSE:
HET -
News): 'You already won. Ring the register. Let's move on. Sell, sell, sell.'MGM Mirage (NYSE:
MGM -
News): 'Take the win. Sell, sell, sell!'
Published by SeekingAlpha
Labels: AMLN, ANGO, AUY, CLF, CSCO, DE, ELNK, HET, HPQ, KMP, MGM, SE, SKS, SNDA, SONS, SUNW, TM, TWX, UPL