Stock Hot
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WHAT IS A HOT STOCK PICK TO BUY?
What stock do you think will do well in the next few weeks?
Had this question been asked of me a week ago I would have said Dendreon (DNDN). That trade however is over. Some people like DFR. I don't like it though because it doesn't have options associated with it. I never buy a stock that doesn't have options available on it. Without knowing how much you're willing to risk, it's hard to answer.
I think Coca-Cola will see $17.50 in the next 3-4 weeks but that's just me.
Bank of America pulled back on Friday and they have earnings coming out this week. Citigroup reported less than expected losses for the first quarter and was doing OK until their future projections triggered some profit taking. I pretty much expect BAC to do as well or better.