Zacks highlights commentary from People and Picks Member «MightyMo».
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MO tidbits: May 27 - Google Wallet Away We Go
Dendreon ([url=http://www.zacks.com/stock/quote/dndn]DNDN[/url]), one of our long standing core stocks, continues it's advance. If you haven't already bought in, one might consider buying before the explosive breakout. DNDN, up to over 41 intra-day, was around 33 just a few days ago. It's not done moving.
The super catalyst of CMS approval, basically a done deal and just a formality signature, is scheduled for June. DNDN already approved for increasing production and adding new plants. The demand is there, more supply will be coming as this company becomes a billion dollar business. DNDN was 2 bucks a share back in Mar 2009. It will be absolutely no surprise if it hits 50 this summer.
We expect it to ejaculate up and hit triple digits in price in the coming years. Expect the shorts to get totally squeezed later this year. This is the stock that will let me retire in joy.
FirstEnergy ([url=http://www.zacks.com/stock/quote/fe]FE[/url]), a best buy dividend stock, continues to remain in it's upward gap and pays 5% yield. How sweet!
And enjoy with a little Craft Brewers Alliance ([url=http://www.zacks.com/stock/quote/hook]HOOK[/url]) take a brew, relax, and count your profits.
Johnson & Johnson ([url=http://www.zacks.com/stock/quote/jnj]JNJ[/url]) This stock is jumping. Did you get in when I recommended it a few days ago when it was a point less than it is now. Three major analyst upgrades in the last three days. Showing excellent strength as this stock just went ex-div and stocks usually drop in price just after than happens. Not here. Winner winner chicken dinner.
Altria ([url=http://www.zacks.com/stock/quote/mo]MO[/url]). Mighty MO continues upwaqrd as it approaches resistence. This super core dividend stock continues to smoke!
Gordmans Stores ([url=http://www.zacks.com/stock/quote/gman]GMAN[/url]). Gordman's stores falling apart. Stock descending. Short short short!
AutoZone ([url=http://www.zacks.com/stock/quote/azn]AZN[/url]), a core super-growth stock continues it amazing stready climb as it hits yet another new high.
Cramer portfolio stock Medco Health Solutions ([url=http://www.zacks.com/stock/quote/mhs]MHS[/url]) tumbling down 11% today.
Google ([url=http://www.zacks.com/stock/quote/goog]GOOG[/url]) unveiled its tap-to-pay technology in New York on a smartphone. Called GOOGLE WALLET. The beginning of a new way to pay; ambitious initiative and has the potential to change the world.
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