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Three stocks that deserve special call-out, in my view, for those investors who can tolerate moderate risk, due to their favorable risk/return.Freeport McMoRan (NYSE: FCX). The global recovery appears to be underway, and with it demand for key commodities, such as copper, will increase. And Freeport, the world's second largest producer of copper, is poised to capitalize. Sell/Stop Loss if you were to buy shares in FCX: $32.
Potash Corp./Saskatchewan (USA) (NYSE: POT). Potash remains one of the preeminent fertilizer companies in the world, producing three critical, primary plant nutrients and phosphate animal feed ingredients for both developed and developing world markets. Sell/Stop Loss if you were to buy shares in POT: $57.
Ford Motor Company (NYSE: F). True, Ford has much work ahead of it, but the argument here is that Ford will be on-schedule or better with its return to profitability. Continual, if incremental improvement in credit market conditions will help support vehicle sales, as will an uptrend in U.S. consumer confidence stemming from the bottoming U.S. recession. Ford is no longer 'as cheap as an empty shoebox,' but it's close. Sell/Stop Loss if you were to buy shares in F: $3.75.
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Disclosure: Lazzaro has no positions in stocks, but does own shares in two Pimco Bond Funds: PHDAX and PYMAX.
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