2010 picks - BAC, C, CHU, UNG
Bank of america (BAC)
20% upside by end of year. It could easily go to $20. It owns the most mortgages, and the real estate market is on the up trend. My level of confidence is Medium.
Position: Long
Unitest States Natural Gas (UNG)
I did my research following Mr Cramer's show last night. I like the UNG play. I went to India in December last year and major metro cities use natural gas for public transportation. It is a proven technology for automobiles and available in abundance in US. Clearly an alternative that will move. The ETF fund is the best way to play it, as the fund is down 40% year to date. I love this play, but it is more long term. With a low level of confidence, I'm expecting a 40% upside by end of year.
Position: Long
Citibank (C)
I've been a long Citibank since it was 2.85. Going long and strong. I agree with Cramer's theory of Citi @ 11 in 2011. I think we get there faster. Long term play to double your money.
Position: Long
China Unicom Hong Kong Limited (CHU)
Did my homework after the mention in Mad Money yesterday. This stock has upside of 33%-50% (can go to $20-$22) by end of year and my level of confidence is medium. It has secured a deal with Apple to sell iPhones in China. However, Apple is talking to other Chinese carriers as well, and it is not an exclusive deal. Expected to launch in Q4.
Position: Long
Please remember to do your own homework.