Best Stocks for the 3rd Quarter

[Anonymous]

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[deepinwonder]

I like the mid cap oil and gas stocks.

I wish I hadn't picked up Constellation Brands STZ last Monday, thinking it would be great for the holiday season. They decided at their annual meeting on Thursday to do another stock offering, equaling a 35% increase of their shares. It's dropping like a rock, AVOID until we see where the dust settles! They must have gotten their shareholders drunk before the vote, haha.

[deepinwonder]

CDIS - I'm surprised I haven't heard it mentioned on the Lightening Round. That's a good company. They report earnings tomorrow and with this other oil news driving prices up, it is sky high, right now. I have Oceaneering Int, which is similar, and they beat estimates by 6 cents last week with little fanfare. The stock only dipped for a bit, right after reporting, then shot back up to new highs.

I'm not sure why analysts aren't big on either of these two stocks, I saw one say to avoid OII. I ignored him, bought it and it's up $5 from where I got in.

[Ken]

I think Calpine (cpn) is going to take off. I know that cramer named them as bullish. what do you think?

[Maximus_trader]

What makes you think CPN is going to take off?

[Anonymous]

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[Maximus_trader]

CPN is falling falling falling

[deepinwonder]

I like Cal Dive (CDIS) but it's had a big run up lately and I would hesitate to jump in at this level.