Monday
- Apple (AAPL) - I hesitate to type anything else. Apple is really all that matters. :) I just bought 30 more shares here; yes I'd like to buy cheaper but I'd also like Jessica Alba to give me a call and we can't always have what we want. The stock is 'expensive' but it's about to become a lot more cheap once you see these new estimates post today's earnings report. Again, I am calling for a 10% beat on the top line for this huge company... instead of $6.07B in revenue, I am going to say $6.7+B. $0.86 is the EPS number, and with so many moving parts I cannot even hazard a guess on the EPS number. Remember Macs taking world market share, 2 year contract structure for iPhones will be revealed (how the revenue sharing works), price cut of $200 on iPhone drove demand, iPod Touch is going to surprise, etc etc etc. So we are about to report back to school season and go into Christmas season. Not a bad time to own Apple.
- Texas Instruments (TXN) - just because its a big cap chip name - I'd expect something positive about Asian/foreign markets blah blah.
- And that's about it folks - its the Apple show. If analysts find something to wring their hands over and bring the stock down or Apple is extremely conservative with guidance, you might finally get yourself a good entry point. Somehow I doubt it.
- Amazon.com (AMZN) - a very heavily shorted stock that just seems to continue ever upward - going into holiday season.
- Broadcom (BRCM) - another chip maker; I just sold my position out of this name a few hours ago but judging from the price action the stock is telegraphing a very nice quarter.
- CNH Global (CNH) - one of my agriculture plays; the only non fertilizer. I expect great things about their agriculture equipment business but they also have some exposure to construction equipment so on that part of the business I am unsure how they will do. Wild card is strong Euro might be hurting some of its business...
- Coach (COH) - should be interesting to what they have to say about the consumer. A push into China could be the wildcard that propels this into a "who cares about the US - they are going to China stock!"
- Juniper Networks (JNPR) - this is a play on the networking theme in the fund; however with its large run and slower growth than some of the other fish in the kettle, I have pulled back exposure to this name. Much like Cisco (CSCO) I expect to see continued positives from the bigger boys in this sector.
- Nabors (NBR) - an 'energy' company but one tied to the natural gas/land drilling - so its weakness could continue this 'throw the baby with the bathwater' situation we are seeing in the energy stocks.
- Panera Bread (PNRA) - once a high flier - I am curious what they say about the consumer and rising costs for their inputs
- Precision Castparts (PCP) - an industrial company that has had a huge run off of the aerospace bull market
- Satyam Computer Sciences (SAY) - an Indian outsource shop - unfortunately the strength of their economy is making the rupee rise in value, so could potentially be hurting some of the outsourcers...
- Smith International (SII) - this stock was trounced on Friday in the energy fire sale. Far more than anyone else in its peer group. I am curious if there is a specific reason - if not this could be a bargain pick up. While most oil service names I follow only fell to their 20 day moving average Friday, SII fell to its 50 and in fact broke it so this caught my attention.
