"Ya'll oughta try some of this here fried chicken; you ain't gonna believe it!" "Xie-Xie!" (pronounced "she-she") That is Chinese for thank you. From the hills of Kentucky, the Colonial Sanders secret recipe has made a splash in China. While it is well known a lot of the stuff you buy at Walmart (WMT) is made in China; what you may not know is that China is crazy for KFC.

You may not think anything of going out for Chinese with your friends and practice eating with chopsticks; when the Chinese go out with their friends to practice eating with a fork; KFC seems to be a popular option.

As expected, the shares of Precision Castparts Corp (PCP), which I first discussed on April 20, 2009 at a price of $61.92, corrected earlier this year, in the spring, after rushing through $136, hence if you took some profits off the table at that juncture, it was prudent.

But now the correction appears to be over, and PCP, after a test of $100 has moved back above the key, 50-day moving average -- a bullish sign.

Precision's fiscal 2011 revenue should increase more than 10%, with another healthy gain likely in fiscal 2012.

A U.S. economic recovery in doubt means new car auto sales forecasts are in doubt, which is good news if you own shares of auto parts chain AutoZone Inc. (AZO). I first discussed AutoZone here on March 30, 2009, at a price of $163.40.

AutoZone is benefiting from a recession-related trend: Adults unable to buy a new car are maintaining their existing used cars; others are purchasing a used car instead of a new one. Each trend is bullish for AutoZone.

As a result, look for AutoZone to post revenue growth of 5% to 7%, boosted by both same-store sales growth and about 200 new stores. Margins should widen.

"General Electric (GE) shows solid earnings growth potential, is attractively valued and appears to be a bargain at its current share price," says Dr. Melvin Pasternak.

The editor of Double-Digit Trading explains, "Fundamentally, GE's earnings recovery could carry the stock higher. The company expects 2010 to be a turnaround year. GE should benefit from $3 billion of cost cutting and restructuring measures.

"GE operates in more than 100 countries. And GE continues to expand its presence in India and China.

The shares of independent refiner Valero Energy (VLO), first discussed here on April 20, 2009 at a price of $20.08, continue to frustrate investors.

Refinery margins, which were squeezed during 2008-2009, due to the loss of more than 8 million jobs from the U.S. economy -- many of those being vehicle owners -- have started to recover. Even so, the market has not worked this new reality into Valero's stock price yet.

"Isis Pharmaceuticals (ISIS) as been a leader in genomics-based drug research since the late 1990s and has amassed an impressive intellectual property portfolio," notes biotech specialist John McCamant.

The editor of The Medical Technology Stock Letter explains, "ISIS has successfully applied their technology to take advantage of the emergence of new genetic information. More specifically, and most important for investors, has been the ability to prolifically patent their discoveries.

"Their proprietary technologies include methods of screening drug candidates, chemical modification of the drugs to improve their efficacy, safety and biostability and methods for the manufacture of DNA and RNA-based therapeutics.

Since I first discussed Stanley Works (SWK) here on February 10, 2009, at a price of $32.48, the shares have pulled-back roughly in-sync with the Dow's recent retreat. But they have since found support near $50, and I obviously still like the shares. Here's why.

Look for experienced, battle-tested Stanley Works to post a nearly 100% revenue increase in 2010, mostly on the strength of its Black & Decker acquisition, but also as the tool sector benefits from strong growth in emerging markets. A factor that's up in the air? The status of the U.S. economic expansion in the second half of 2010.

"The headline-grabbing iPhone 4 from Apple has generated a lot of buzz, including a wave of interest in Omnivision Technologies (OVTI)," says growth stock specialist Mike Cintolo.

The editor of Cabot Top Ten Report explains, "The company is a designer and manufacturer of tiny cameras that turn smart phones into image recorders. As iPhone sales soar, so does OmniVision, which has been confirmed as the maker of the phone's five-megapixel sensor.

"Silver Wheaton (SLW) remains an undervalued stock on our buy list," says resource expert Adrian Day.

The money manager and editor of The Global Analyst explains, "We note that Silver Wheaton is not a mining company. Instead, in a business model similar to a royalty model, it acquires the stream of revenue from the silver output of other miners.

"The company usually enters these arrangements with miners for whom silver is a by-product. In a typical arrangement, Silver Wheaton pays a certain amount up-front plus a per ounce payment in exchange for all the revenue from the silver output.

Talk about hair cuts. The shares of MasterCard Inc. (MA), first discussed here on April 13, 2009 at a price of $176.06, plunged 21% in the past three months, amid the Dow's retreat.

The drop has turned a once big-winner trade into only a modest gain, but the calculation here is that the price move represents an overcorrection. Here's why:

MasterCard's revenue should increase an impressive 9-12% in 2010 and 10-15% in 2011. MA has emerged from the nation's worst recession in more than 25 years in enviable shape, even amid the 'frugal consumer' era that's likely to restrict U.S. consumer spending. Look for transaction growth to continue, as a result of the U.S./global trend toward increased use of credit cards.

I first wrote about Colgate-Palmolive (CL), on April 13, 2009, at a price of $58.49. The shares have had an impressive run, and with the stock's recent retest of 2010 highs near $86, now may be good time to take some profits off the table.

However, those investors who can tolerate the risk can maintain their position in CL, in anticipation of even more gains.

High-priced stocks are certainly not right for every investor, but for those who are willing to dive into pricey shares, it's important to know if the risk will be worth the reward. With the right pick, a high-priced stock with a solid outlook can translate into a high-value investment.

Here are three stocks to buy with shares trading well into triple-digits that would not surprise with a steady rise in current asking price in the days to come.

"Investing in conservative stocks to build or rebuild the core of your portfolio makes sense right now; investors should buy companies that have a long history of steady earnings and dividend growth, through good times and tough times," says J. Royden Ward.

The editor of the specialty newsletter, Cabot Benjamin Graham Value Letter, explains, "The obvious benefit of adhering to a disciplined system of value investing like ours is that you build long-term profits and, ideally, financial independence.

Rural broadband and telecom provider Windstream Corp. (WIN), first discussed here on January 19, 2010 at a price of $10.92, has exhibited sideways action for six months, but I still view the shares as attractive. Here's why:

Look for 16-state-presence Windstream to post a 4-6% revenue gain in 2010 as broadband subscriber increases offset a phone revenue decline. Windstream should also benefit from a rise in business broadband subscription as business formation increases with the U.S. economic recovery. A nice $1 annual dividend adds to the positive story.

As expected, Whirlpool Corp. (WHR), first discussed here on March 13, 2009, at a price of $34.47 and due for a breather after an impressive one-year run-up, pull-backed this spring. But investors who can tolerate moderate-risk should consider the roughly 28% correction as as a decent time to scoop-up shares. Here's why.

Look for Whirlpool to post a 4% to 6% revenue increase in 2010, then a 5% to 7% rise in 2011, lead by strong demand for kitchen and laundry appliances in emerging markets. Latin America sales should be particularly strong, rising better than 10% in 2010 and 2011.