Today is gameplan day. Jim gave us three stocks in the first segment of his TV show that are at or near their 52-week high and will be winners next week. He wants us to buy half before the Fed meeting on Thursday and half after. The three stocks were:

  • J.C. Penny (JCP) - This is the most consistent retailer out there.
  • First Marblehead Corp (FMD) - They deal in student loans. The short float will push the stock higher. They have no debt and a lot of cash, plus its cheap.
  • Garmin (GRMN) -This stock should get marked up. This is the single best quarter of anyone that Jim follows.

These are the three end of quarter momentum plays given to us.
Palm Inc (PALM) and Research in Motion (RIMM) report on Thursday and they will surely get lost with the Fed meeting that day also. Look for these two stocks.