|
Apple Inc (AAPL) - iPhone market
share has been increasing each quarter. With this, higher earnings and more MAC sales for Apple. With the stock
currently trading around $200, you could easily catch a 30-50% gain in 2010. My price target, $260-$300 pre stock
split. Buy AAPL stock on any weakness in 2010.
General Electric Co.
(GE) - GE is one of my more safer stock picks for 2010. General Electric stock trades at $15.50 today and I believe
it will hit $22 sometime in 2010.
Green Mountain Coffee Roasters Inc. (GMCR)
- GMCR is one of my favorite growth stocks going forward. The company sells the popular Keurig single cup coffee makers
as well as the K cup refills. The company made huge strides in 2009 by letting Wal Mart sell their Keurig coffee makers
in addition to buying Timothy's coffee to get a huge presence in Canada. As of December 2009, there is a bidding
war going on between Green Mountain and Peet's Coffee and Tea for Diedrich Coffee Inc (DDRX). With GMCR currently
trading at $63, I view any further weakness as a buying opportunity. I own GMCR in my long term portfolio and plan to
add more. I have a price target of $90 on GMCR for 2010.
Citigroup, Inc. (C) - I think Citigroup
could become a $6-$7 stock sometime in 2010. This would be a gain of 80-100%. Research In Motion Ltd. (RIMM) - Shares of Research in Motion have basically been left for dead as the Blackberry comes
under increased competition. In the low $60's, RIMM is only trading at 13 times 2010 earnings. My 2010 Price Target
= $90
|