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Tue: Buys GM PFE LU DOW AMCC ATWL Sells OIH BNI AAPL GOOG

 
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arthur
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PostPosted: Tue Dec 20, 2005 3:07 pm    Post subject: Tue: Buys GM PFE LU DOW AMCC ATWL Sells OIH BNI AAPL GOOG Reply with quote

Tue: Top Buys GM PFE LU DOW AMCC ATWL Top Sells OIH BNI AAPL GOOG

GM fell to an 18-year low. However, GM stock was about three times higher in the early 1960s and fell below 20 at one point during the 1981-82 recession. Unless GM declares bankruptcy, it should rise sharply. PFE DOW AMCC and ATWL are long-term buys. PFE Jan Max Pain is 25 and could easily rise above 25. DOW is fundamentally undervalued. AMCC always eventually rises above 3. ATWL has the potential to rise well above 1. OIH remains relatively overvalued. BNI is the most overvalued component of the Dow Transport Index. AAPL and GOOG puts are long-term buys.
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