Three light plays to brighten your day (pun intended) and your portfolio -- and all are linked to rapidly-advancing light technology, including LED lights, that will save energy and reduce carbon emissions.
First, I'll reiterate a previous favorite, General Electric (NYSE: GE). I recommended it first on March 2, 2009. Now I'd raise Sell/Stop Loss to $9.25 from my original Sell/Stop Loss: $3.25. The First Call FY2009/FY2010 EPS estimates for GE are 98 cents to 94 cents.
I'll now add two more companies as plays on light technology:
- Siemens AG (NYSE: SI). Sell/Stop Loss if you were to buy shares in this company: $41. The First Call FY2009/FY2010 EPS estimates for SI are $6.16 to $6.22.
- Philips (NYSE: PHG). Sell/Stop Loss if you were to buy shares in this company: $7. The First Call FY2009/FY2010 EPS estimates for PHG are 17 cents to $1.16.
I'd consider buying a 25% position in any of the three or all three; then another 25% in three months, if U.S. and global economic conditions don't worsen substantially. Under any circumstance, I wouldn't buy more than 50% of my position in any stock in the first half of 2009.
Top Pick: General Electric.
Disclosure: Lazzaro has no positions in stocks, but does own shares in two Pimco Bond Funds: PHDAX and PYMAX.
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Reader Comments (Page 1 of 1)
7-16-2009 @ 7:57AM
Johnny said...
If you compare Philips and Siemens performance wise then I suggest you to choose Philips it is more reliable soon after it is established...........
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