StockWatch: Between the bells with business author Hilary Kramer

Posted Sep 24th 2007 3:00PM by Hilary Kramer
Filed under: Google (GOOG), Hilary On Stocks, Stocks to Buy, Videos, China Med Technologies Inc. (CMED)

The market has turned since my last video update -- with the Fed's recent interest rate cut, now is the time to embrace your inner bull! I discuss buying strategies in this edition of StockWatch: Between the Bells.

Three stocks you should look into:

First Solar Inc. (NASDAQ: FSLR), a Phoenix manufacturer of silicon-free solar-power modules. FSLR is significantly undervalued, by as much as $40 if you believe Bank of America.
China Medical Technologies (NASDAQ: CMED), which develops cancer treatments in Beijing. CMED is expanding its operations into the rest of Asia, as well as into Russia and Europe.
After stalling a bit last month, Google (NASDAQ: GOOG) is pushing higher again, bound for $600.

Stay away from home builders like Hovnanian (NYSE: HOV) and Beazer Homes (NYSE: BZH) -- the ongoing mortgage meltdown is not over, and the housing market has yet to bottom out. Until then, also avoid home furnishings retailers, like Ethan Allen (NYSE: ETH).

Lastly, check out Baidu (NASDAQ: BIDU), China's leading search engine -- currently trading at $275 and soon to hit $300. Don't think that Google is considering a Baidu buyout? Think again.

Enjoy the video!

My new book, Ahead of the Curve, is hot off the presses. Here's an excerpt! You can also visit my AOL Coaches site.

Tags: Baidu, Beazer Homes, BeazerHomes, BIDU, BZH, China Medical Technologies, ChinaMedicalTechnologies, CMED, featured, First Solar, FirstSolar, FSLR, GOOG, Google, Hilary Kramer, HilaryKramer, HOV, Hovnanian, investing, stocks