Almost A Perfect 10
Deborah Weinswig thinks Walmart (WMT) is a “perfect 10.”  It beat the Streets forecast and is expected to outperform rivals with lower prices.  They are beating competitors like Target (TGT) and Costco (COST) along with pricier stores like J.C. Penny (JCP).  The momentum should continue according to the Chief Executive Mike Duke.  The move toward more groceries with the thought that more people would be eating and entertaining at home was spot on.  Also with their buing power they can offer better value to consumers.  She gave this a 9.5 out of 10.
Nationalizing
Nationalizing banks came up on ABC’s This Week and it was a Republican that brought the idea to the table.  Lindsey Graham feels it may be the government that is required to salve the problem with banks and financial community.  UBS wealth management strategist Jeremy Zirin thinks the leading banks to get nationalized are Citigroup (C) and Bank of America (BAC).
Stem Cells
Stem cell product shipments are on track to rise $87 million and the leaders met in New York City for the 4th annual Stem Cell Summit on Tuesday.  A ban on federal funding for embryonic stem cell research is thought to be lifted soon by President Obama.  Major breakthroughs look to be a bit out on the calendar but a company that many talk about in research is Geron (GERN). Celgene (CELG), Genzyme (GENZ) and Teva (TEVA) are all bigger companies with pipelines.  To get broad exposure the SPDR S&P Biotech ETF (XBI) is the play.  Finerman thinks iShare NASDAQ Biotechnology Index (ETF) (IBB) is the way to go with Adami adding that CELG is his favorite.
New Plays
A secondary pick other than stocks is all the talk right now.  Things such as real estate and commodities were discussed but are not attractive.  Over the last six months funds that track gold, Treasuries and currencies are all in the green.  Terranova looks at trades outside of the S&P 500 and he looks for “investments not too heavily correlated to stocks.” The currency trade because for every dollar move in the S&P, currencies move typically about 30 cents.  CurrencyShares Canadian Dollar Trust (ETF) (FXC) was his pick to look at.
Final Trade
Adami – long Johnson & Johnson (JNJ), Finerman – long Foot Locker (FL), Najarian – Hewlett Packard (HPQ) is a buy, and Seymour thinks “staying small” is the way to go.  Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!