Our “Favored Stocks” List And Target Prices Updated. May 19, 2011

[ 0 ] May 19, 2011 |

Presented below is our “Favored Stocks” list. The list was developed with the guidance and expertise of Lange Financial Services ( LFS ). LFS has been mentioning many of these stocks on the site as companies to accumulate since the July/August 2010 lows. We consider these representative companies attractive for investing [longer than six months] as well as trading vehicles for accumulation during periods of market weakness. The objective is to attain an attractive average price for your position.

For more aggressive accounts, we recommend using a similar investment approach i.e. accumulating shares and using strength in the shares to “trade” (Sell) at least part of the position during periods of strength. We remind you of the negative investment environment during the past decade and 2007-2009 specifically. You need to develop a trading and/or investment policy to enjoy success greater than the market. “There is only one reason one buys stocks and that is to sell them.” Fred Lange, Lange Financial Services.

Reviewing the list of companies below is only the beginning of the process. We highly recommend that an investor or trader then do their own detailed research on the individual company before investing.

BELOW PLEASE SEE THE CURRENT PRICE AS OF MAY 19, 2011, AND THE TARGET PRICE OF ONE OF THE MANY FIRMS THAT FOLLOW THE COMPANY. THIS LIST AND PRICES WILL BE UPDATED EVERY MONDAY, BEGINNING MAY 23, 2011, BEFORE THE MARKET OPENING.

Apple, Inc. AAPL $341.00 – $554.00 Piper Jaffray

Akami AKAM $32.60 – $47.00

Alpha Natural ANR $50.40 – $70.00 Jefferies

Anadarko APC $73.40 – $110.00

Apache Energy APA $123.50 – $160.00 Merrill Lynch

American Express AXP $51.40 – $60.00 Citigroup

Peabody Energy BTU $60.32 – $80.00 Smith Barney

Cliffs Natural CLF $89.00 – $145.00 FBR Capital

Deckers Outdoors DECK $91.00 – $120.00 Barclay’s

Devon Energy DVN $83.00 $110.00

Federal Express FDX $93.75 – $120.00 Dahlman Rose

F5 Networks FFIV $108.25 – $140.00 Deutsche Bank

Google GOOG $534.00 – $700 Smith Barney

IBM IBM $170.00 – $200.00 Citigroup

Marriott MAR $36.50 – $45.00 FBR Capital

McDonalds MCD $81.60 – $85.00 Citigroup

MetLife MET $44.80 – 57.00 Morgan Stanley

3M, Inc. MMM $94.50 – $104.00 Argus

Oracle ORCL $34.00 – $39.00 Morgan Stanley

Qualcomm QCOM $57.00 – $65.00 Argus

Sandisk SNDK $45.80 – $60.00 Argus

Schlumberger SLB $84.00 – $120.00 Morgan Stanley

Starwood Hotels HOT $58.50 – $70.00 Citigroup

VMWare VMW $93.00 – $110.00 Piper Jaffray

Wellpoint WLP $81.00 – $80.00 Morgan Stanley TRADING TARGET REACHED

Walters Energy WLT $123.00 – $160.00 Deutsche Bank

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Category: Markets and Trading