Saturday, December 11, 2010

Stocks end at 2-year high today.

Current favorite long stock position: CAGC @ 11.40
Current favorite short stock position: GRMN @ 30.50

China Agritech (CAGC) has plenty of upside potential. The ever increasing Chinese market for fertilizer will keep CAGC growing at a rapid pace. Price target = $15 in 2011. (That would a 33% gain!)

Garmin (GRMN) has a rapidly decreasing market share in the gps industry. GPS is becoming free on many smartphones and laptops, why buy a Garmin device then?! Price target in 2011 = $22.

Expert stock market recommendations!