New stock picks- Let me know your thoughts

[jasno999]

Ok I did some mroe research and took a look at some of cramers picks this week. Here are a few that I looked at and thought might be good buys. I reviewed their charts but wanted to get input from your guys as to what you thought.

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[BuyOnDips]

I like DKS, but I'd wait to buy. The recent chart is awful. Gas prices are taking their toll on most retail stocks. I'd wait until late Aug. or Sept. to maybe buy some shares. Hopefully by then the stock will have bottomed. I would avoid most retail stocks until that time. Jeff Macke from Fast Money has been saying that for weeks that most of the retail stocks will fall during the summer. He really likes DKS and so does the rest of the Fast Money panel. It is a great store and they still have more room to grow.

[jasno999]

What about MON and BG ???

[1birdman1]

I am here looking for stocks to buy today (ideas for me to look into that is) and MON will not be bought by me... however BG fits into my ideas a little

[Thierry Martin]

Of the four stocks above, MON is the only one I would touch.

[jasno999]

Of the four stocks above, MON is the only one I would touch.

What is your reasoning behind that? Just tryign to learn and hear what people have to say.

[Thierry Martin]

What is your reasoning behind that? Just tryign to learn and hear what people have to say.

Everybody has there own style of trading - I prefer to buy stocks in an uptrend, rather than "catching the falling knife" hoping for a bounce type of trade.

[aiki14]

MON- Merrill has a $70 price target and a Buy rating based on discounted cash flow analysis.

BG- Merrill is Neutral and they lowered EPS estimates on monday.

KSS- I would have puts against any long positions going into earnings, or sell covered calls (too late for this now). I don't like the prospects for earnings. I would be in a downside protect mode or out.

[jasno999]

Looks like you guys were wrogn about KSS and DKS. I am sort of pissed cause I did not pick them up but not at people here jsut at myself. I get a few stocks in my mind and I pick one but the one I pick always turns out to be the dog of the bunch. I put my money in MON when I would have been better off havign it in KSS. Oh well I will hope for MON to surge back in the positive direction...

So much for the retail market not being good right now- KSS is up big over the past few weeks.

[1birdman1]

it's all a gamble... we can try but nothing is 100% sure

[jasno999]

I hear that. I jsut need to pick a winner. I missed XOM, croc, RIG as well as otehrs. SO I need a winner. Even the one winner I did pick AMTD- well I got out too early.

[Thierry Martin]

What is your time frame? Sounds like you're trying to make some money fast. I think MON still looks good if you can hold it for a few days or weeks.

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[jasno999]

Yeah I wanted to have 1 stock that was more long term and that is why I picked up PFE.

I also wanted a longshot that had a good upside so that is why I purchased EMTI. I don't mind waiting that one out as I am hoping for somehting big to happen.

I picked up MON cause I thought it had a chance of getting up to the $70 mark. I was looking for this one to be my sort of quicker turn around. Not a week but I was hopign for liek a month or maybe two at the most. I just wanted to see positive gains.

Last but not least I purchased GSK only due to the fact that it hit a low level alart mark that I set for it a long time ago. I see GSK as a stock that is goigng to be aroudn and has falls and raises all the time. SO I figured when it hit a low point again I would pick it up and wait till it go back up again. However with all the bad press GSK has actualyl just been gettign worse which is forcing me to make it into a long term hold as well.

It jsut seems like I have horriable timing as one of the stocks I liked and sold cause I got itchy and it was headed in the wrong direction was walmart. Now all of a sudden it did a full turn around and went up like 4-5 bucks in the past 2 weeks. If I had it still I would have made a nice profit...(At least I go some dividends out of it)