Now I have talked about the stock market a little bit recently, but now I want to visit that topic again. The way I see it this is happening….
We are about to go into a recession. A recession by my definition is at least 2 consecutive quarters with little to no job growth. I believe consumer technology will bottom out this summer and remain stagnant for at least a year. I think that gold will hit $1,000 by July and Oil will hit $120 a barrel by September. Commodities will hit new highs and food prices will also hit new highs. The financials and banks will bottom out this summer and remain that way for several years. Those are my prediction that I think are pretty much a consensus and here are the opportunities….
CALM: they are in the egg business, really nice growth especially recently, but they do have low dividends which to mean is a downer when thinking long term.
VCLK: online advertisement. They only exist to be bought out by a larger tech company.
PBG: relatively low right now, and will most likely make a rebound as food stocks become more popular
KFT: another food pick that should increase. Also Warren Buffet has purchased several hundred thousand shares recently.
YUM: a great company that has shown good growth and earnings. As they expand into China I see them becoming real competition for McDonald’s
AYR: Really high dividends. Buy and hold for about 2 years.
AEM and ABX: two gold picks that are doing phenomenal.
COP and XOM: Oil will continue to rise. Both of these picks will make it over $100.
Those are my picks, my advice for all of these it to hold for at least a year or 2. Those are just some companies that I think will do well with the economic situation. Look them up for yourself and tell me what you think.
