Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.
Intel Corp. (NASDAQ: INTC) is a favorite conservative idea from Chuck Carlson, editor of The DRIP Investor, and author of Winning with the Dow's Losers.
Carlson notes, "Intel has so far been the worst-performing stock in the Dow for 2006, and I expect the company to 'revert nicely' in 2007 as it faces easier quarterly comparisons as well as an improved environment for technology spending.
"Further, on the latest rally we are seeing a renewed interest in large-cap stocks, as well as a shift to technology stocks. Now I know I've never been a big bull on tech stocks. Quite frankly, it's hard for me to get a handle on the business models of tech companies. Still, there's no denying that a number of tech stocks offer decent values.
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