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Saturday, November 29, 2008

December Top Stock Picks

1. ( USO )42.09 a share 12/1 - Target Price 65.00 by 5/1/09
United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests or units that may be purchased and sold on the American Stock Exchange (the AMEX). The Company invests in futures contracts for light, sweet crude oil and other types of crude oil, heating oil, gasoline, natural gas and other petroleum-based fuels that are traded on the New York Mercantile Exchange (NYMEX), International Currency Exchange (ICE) Futures or other United States and foreign exchanges (collectively, Oil Futures Contracts). It holds interests in other oil-related investments such as cash-settled options on Oil Futures Contracts, forward oil contracts, and oil-based over-the-counter transactions. As of December 31, 2007, USOF held 4,754 Oil Futures Contracts traded on the NYMEX and 300 Oil Futures Contracts traded on the ICE Futures.ttom has been reached....Bottom wait that has been said already... ummm no this time for sure? lol no one can say for sure but between OPEC and oil executives looking for ways to keep up profits during the slump, this stock has no where but up to go. right? i want cheap oil as much as the next guy but with recent rebounds this pick is a no brainer at less than 42$.Oil has benn over sold , this is a long term play. oil has dropped alot the past few months , however when the usa & China rebound from the slump , this will be a good play in the future ! Oil will rebound before the overall economy rebounds as it is a mandatory resource and our infrastructure is built around this resource

2. ( WMT ) Wal-Mart Stores 55.88 a share 12/1 - Target Price 62.00 by 1/15/09
Wal-Mart Stores, Inc. (Wal-Mart) operates retail stores in various formats around the world. The Company earns the trust of its customers every day by providing an assortment of merchandise and services at every day low prices, while fostering a culture that rewards and embraces mutual respect, integrity and diversity. Wal-Mart’s operations comprise three business segments: Wal-Mart Stores, Sam’s Club and International. Its Wal-Mart Stores segment is the largest segment of the Company’s business, accounting for 64% of its net sales, during the fiscal year ended January 31, 2008 (fiscal 2008), and operates stores in three different formats in the United States, as well as Wal-Mart’s online retail operations, Its Sam’s Club segment consists of membership warehouse clubs in the United States and the segment’s online retail operations, Sam’s Club accounted for 11.8% of the Company’s net sales during fiscal 2008.Let's face it, the economy can tank, gas prices can soar, and Wal-mart will continue to make money. Wal-mart is the first place that the people making cutbacks will spend their season and they're not going bankrupt or asking for a bailout.If you paid attention when you were shopping you've noticed the sharp jump in grocery prices that coincided with the rise in fuel prices. Now that fuel prices have fallen, it is equally as noticable that the price of groceries and consumer goods hasn't. This means higher profits for Grocery stores in the near term.

Prices will start to fall as competition takes over again and drives prices lower, but in the meantime there is a little cream comming off the top at Christmas for retailers that offer consumables. This should be particularly true for Super-Retail stores. I like Wal-Mart whose shoppers are going to be buying groceries while they are in shopping for Holiday Gifts and Winter clothing. They should do slightly better than Target, who is considered a bit more high end and could be hurt by families looking to maximize their paychecks during these tough times.Buy up on the dips and sell when u reach a good return on your money.Dividend: 0.24 a share.
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