elow is a list of my latest stock picks for 2012. These 2012 Stock Picks are my favorite stocks to buy and some of the stocks I will be trading personally. Last year, one of my top stock picks was Best Stock Picks 2012 Apple (AAPL) which I recommended at $330 per share. Apple stock recently hit $400 per share. Another one of my hot stocks to buy in 2011 was Hyperdynamics (HDY). HDY stock provided a huge gain in January and several more good rallies.
I feel 2012 will be a sideways year for stocks and the overall stock market. As you know, 2012 is an election year. Stocks could get volatile late in the year as investors position their portfolios accordingly. Check out my 2012 best stocks to buy list below.
Latest 2012 Stock Picks
Top Stock Gainers - 2012
#1 Top Stock Pick 2012 - ( Small Cap Stocks ) - Direxion Daily Small Cap Bull 3X Shares (TNA) - Direxion Daily Small Cap Bull 3X Shares (TNA) is my top stock pick for 2012. As we head into December 2011, I am fine tuning my stocks to buy given the fluid conditions we are seeing with the overall stock market and Europe. TNA is one of the most volatile ETF's you can buy but it is a play on the direction of the stock market. TNA is currently trading around $33.50, down $13 per share in just six trading days as Wall St. stresses out about the problems in Europe. Earnings here in the U.S have been strong and some can argue that the jitters we are seeing are just fluff. However, as we head into 2012, we are seeing some great stocks to buy and TNA falls into that category. I feel TNA can rally back to $48-$50 at some point in 2012 with the chance to go to $60. TNA will be my top stock to trade in 2012 given It's volatility. TNA has huge swings almost daily so you can trade it all day long. And, if you want to go short the market, try Direxion Daily Small Cap Bear 3X Shares (TZA). However, TZA is not a good long term stock to buy.
What is Direxion Daily Small Cap Bull 3X Shares (TNA)? The investment seeks daily investment results, before fees and expenses, of 300% of the price performance of the Russell 2000® Index. The fund will invest at least 80% of assets in securities that comprise the index. It will also utilize financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The fund is non-diversified. TNA fund holds a basket of stocks and bonds with the highest percentage being technology, industrials, financials, and healthcare.
If the stock market crashes, TNA will get crushed. However, I am predictiing the S&P 500 to return to 1250-1300 at some point in 2012 so TNA will be a 35-45% gainer from here. Not a bad return on your money!
Stocks to Buy 2012 - ( Technology - Mobile Phone Stocks ) - Stocks to Buy 2012 - Apple Inc. (AAPL) - Apple Inc. (AAPL) is my top large cap stock pick in 2012. The iPad 3 in expected to launch early 2012 and the iPhone 5 will hopefully arrive at the end of 2012. The passing of Steve Jobs and a key earnings miss has caused AAPL stock to sell off back into the low $360's. AAPL hit a high of $424 in late 2011. I am giving AAPL a $450 price target in 2012 which represents a 25% gain from the current stock price. AAPL will be a monster stock in 2012 as iPhones and iPads sell like crazy. There is even talk of an iTV device coming in late 2012 or early 2013. With the current stock price around $360, you can't go wrong buying AAPL stock today!
#3 Best Stock Pick 2012 - ( Rare Earth Stocks - Metals ) - MolyCorp (MCP) - MolyCorp (MCP) stock recently dropped to $26 so I decided to add this stock to my Top 2012 Stocks to Buy list. Molycorp (MCP) is by far very risky but has been thrown out with the bath water. Rare Earth stocks are out of favor right now due to the huge drops in mineral prices. However, the Mountain Pass mine will come online by mid 2012 which will allow Molycorp to start earning big money. Look for rare earth prices to stablize in early 2012 and this stock to start going back up. This is by far my boldest stock pick of 2012 and if I am right, MCP will again see $40-$45 at some point during the year.
Best Stocks For 2012 - Are Flagstar Bancorp (FBC) & Pacific Sunwear of California (PSUN) Really Top Rebound Candidates?
A lot of small cap stocks are starting to perk up, but none look quite as inviting as Best Stocks For 2012 - Flagstar Bancorp, Inc. (NYSE:FBC) and Best Stocks For 2012 - Pacific Sunwear of California, Inc. (NASDAQ:PSUN) do right now. But, are these charts to be taken at face value? Though it's the perceived value of FBC and PSUN that should be guiding these charts, the fact is, it's the shape of the charts that may be guiding investors to a "half full" conclusion in the half-empty/half-full debate. Take a look.
For Pacific Sunwear of California, Inc., the rally's been underway since December, but didn't get really juicy until this week when PSUN moved above its 200-day moving average line (green) for the first time since early 2011. That being said, it's worth noting that (1) the buyers barely even flinched when the 200-day line was approached, and (2) the buying volume actually increased as PSUN was plowing through that key long-term average. As for the underlying reason though, a couple of quarters' worth of rising top line and shrinking losses may get a big chunk of the credit.
Yes, PSUN is still losing money. There's a light at the end of the tunnel though. The $905 million revenue the company has booked over the past four quarters stops the bleeding revenue trend, and odds are good that 2012's expected sales figure of $889.7 million is simply too low given the unfurling - even if slow-moving - improvement trend. The pros are still thinking Pacific Sunwear of California will 'only' lose $0.78 per share in 2012, but that's actually progress... and sometimes progress is enough to get a stock going again. That's what's happening here anyway, and speculators may want to jump on board this technical strength.
Just to put this bullish reversal from Pacific Sunwear, check out! this we ekly chart.
As for Best Stocks For 2012 - Flagstar Bancorp, Inc., this chart doesn't look as compelling with just a quick glance, but there's a lot more going on with this small cap S&L stock than you might think.
For starters, FBC has finally - legitimately - stopped its own bleeding by using support at the $0.46 level (orange). That pause bought the bulls enough time to muster a rebound effort that has gotten traction... enough traction to push Flagstar Bancorp shares above all the key short-term moving averages, and even muster a few bullish crosses of those moving averages.
The final step in this recovery process for FBC will be a move above the 200-day moving average line (green) at $0.81, but that attack is already underway.
Like Pacific Sunwear of California, this rally from Flagstar Bancorp, Inc. is entirely stemming from a case of "the worst is over", and there are no profits to speak of yet. There are some projected for the near future though. While turning a $0.06 per-share loss into a $0.02 per-share profit isn't going to change the world, it's enough to set up some trade-worthy movement right now.
For Pacific Sunwear of California, Inc., the rally's been underway since December, but didn't get really juicy until this week when PSUN moved above its 200-day moving average line (green) for the first time since early 2011. That being said, it's worth noting that (1) the buyers barely even flinched when the 200-day line was approached, and (2) the buying volume actually increased as PSUN was plowing through that key long-term average. As for the underlying reason though, a couple of quarters' worth of rising top line and shrinking losses may get a big chunk of the credit.Yes, PSUN is still losing money. There's a light at the end of the tunnel though. The $905 million revenue the company has booked over the past four quarters stops the bleeding revenue trend, and odds are good that 2012's expected sales figure of $889.7 million is simply too low given the unfurling - even if slow-moving - improvement trend. The pros are still thinking Pacific Sunwear of California will 'only' lose $0.78 per share in 2012, but that's actually progress... and sometimes progress is enough to get a stock going again. That's what's happening here anyway, and speculators may want to jump on board this technical strength.
Just to put this bullish reversal from Pacific Sunwear, check out! this we ekly chart.
As for Best Stocks For 2012 - Flagstar Bancorp, Inc., this chart doesn't look as compelling with just a quick glance, but there's a lot more going on with this small cap S&L stock than you might think.
For starters, FBC has finally - legitimately - stopped its own bleeding by using support at the $0.46 level (orange). That pause bought the bulls enough time to muster a rebound effort that has gotten traction... enough traction to push Flagstar Bancorp shares above all the key short-term moving averages, and even muster a few bullish crosses of those moving averages.
The final step in this recovery process for FBC will be a move above the 200-day moving average line (green) at $0.81, but that attack is already underway.
Like Pacific Sunwear of California, this rally from Flagstar Bancorp, Inc. is entirely stemming from a case of "the worst is over", and there are no profits to speak of yet. There are some projected for the near future though. While turning a $0.06 per-share loss into a $0.02 per-share profit isn't going to change the world, it's enough to set up some trade-worthy movement right now.
Subscribe to:
Posts (Atom)