The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.

Friday, January 6, 2012

Stocks to Avoid..One's with higher target prices..

http://www.marketwatch.com/story/jp-morgan-avoid-these-11-stocks-2012-01-04

I found this article today.

J.P. Morgan analysts Thomas Lee, Daniel M. McElligot and Katherine C. Khor published a report entitled "US Equity Strategy FLASH" on December 9, 2011. They have listed a number of stocks to avoid that have high exposure to the European markets. All these stocks generate more than 27% of their sales from the European markets. Also, all of these stocks have been given either a neutral rating or an underweight rating by J.P. Morgan.


Great....Thanks for the tip....
Here is a comment listed about 7 of the 11 stocks to avoid........


ITW...(on the Buy List) "Shares of the company are currently trading at $46.9 and are expected to go north of $51 by the end of next year."
Also....
EBAY..Shares of eBay are currently trading around $30 and are expected to go north of $38 by the end of next year. 
CSC..Shares of Computer Sciences Corp. are currently trading around $23.6 and are expected to reach $27 by the end of next year. 
XOM... Shares of Exxon Mobil are currently trading around $85 and are expected to reach $88 by the end of next year.
WTW..Shares of the Weight Watchers are currently trading around $56 and are expected to go north of $71 by the end of next year. 
WAT..Shares of the company are currently trading around $74 and are expected to go north $83 by the end of next year.
CCE..Shares of the company are currently trading at $25.9 and are expected to go north of $31 by the end of next year...