Last December, over 100 stocks were featured in our Top Picks for 2007 report. Now, at mid-year, we turn to the 20 advisors whose picks showed the strongest gains to get an update on their previous picks, as well as a new favorite stock for the second half of the year.

Dylan Jovine, editor of The Tycoon Report, chose RadioShack Corp. (NYSE: RSH) as his top pick. The stock had risen 100% as of June 1, 2007. The advisor recommends selling the shares.

His new recommendation for the second half of 2007 is United Healthcare Group (NYSE: UNH). The advisor asks, "How can you tell the difference between a buying opportunity and a 'value trap'? One way to do so is to separate the behavior of the stock price from the strength of the underlying business.

"For example, if a company has a strong underlying business that continues to grow (even as its stock price shrinks under the light of scandal), the inverse action of the stock going down while the business 'goes up' tends to lead to a buying opportunity.

"One great example of this is United Healthcare Group. Under the taint of the options back-dating scandal, last year Wall Street punished the stock by sending its shares down by nearly 30%, shaving off close to $20 billion in stock market value for a scandal that is expected to cost the company roughly $1.5 billion in restatements.

Continue reading Top 20 advisors: Dylan Jovine sees healthy gains for United Healthcare

Top 20 advisors: Dylan Jovine sees healthy gains for United Healthcare originally appeared on BloggingStocks on Mon, 18 Jun 2007 14:41:00 EST. Please see our terms for use of feeds.